President Bola Tinubu has suspended the implementation of the 0.5 percent cybersecurity levy after criticism trailed the announcement.
The Minister of information, Mohammed Idris, confirmed this to State House correspondents at the end of the two-day Federal Executive Council (FEC) meeting on Tuesday in Abuja.
Idris said Tinubu directed the Central Bank of Nigeria (CBN) to suspend the implementation and review the modalities for its implementation.