- The federal government has announced the suspension of the controversial 0.5% cybersecurity levy on all electronic transactions
- Mohammed Idris, the minister of information, explained that the policy was being reviewed and has been put on hold for now
- This is as Rilwan Olanrewaju, a chieftain of the PDP, criticised the policy, in an exclusive interview with Legit.ng
FCT, Abuja – The federal government has officially suspended the controversial 0.5% cybersecurity levy on electronic banking transactions.
Mohammed Idris, the minister of information, confirmed the development to journalists at the state house on Tuesday, May 14, after a two-day Federal Executive Council (FEC) meeting that President Bola Tinubu presided over.