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Cybersecurity levy: Adjust to Tinubu’s policies, Daniel Bwala tell Nigerians
Prior to this, the Central Bank ordered all banks to impose a 0.5% cybersecurity fee on all domestic electronic transactions beginning two weeks on May 6.
Daniel Bwala, a lawyer and former spokesman for the Atiku/Okowa Presidential Campaign Organization, has advised Nigerians to adapt to President Tinubu’s administration’s policies.
Bwala revealed this after the Federal Government announced on Monday that it will be implementing a cybersecurity levy on transactions.
Prior to this, the Central Bank ordered all banks to impose a 0.5% cybersecurity fee on all domestic electronic transactions beginning two weeks on May 6.
“The levy shall be applied at the point of electronic transfer origination, then deducted and remitted by the financial institution. The deducted amount shall be reflected in the customer’s account with the narration, ‘Cybersecurity Levy’,” it said.
Speaking during an interview on Channels TV on Wednesday, Bwala argued that President Tinubu is not insensitive to the plights of Nigerians, stating that ‘hardships won’t last forever.’
His words: “It depends on who is assessing; what is the motive behind the assessment. Just like we would have water in the bottle, someone says it is half full another says it half empty. But what we should be generally looking at are the numbers. Also looking at the context and perspective from which we look at things.
“Nobody, I think, is in doubt about the fact that when the President took that hard decision, which is a necessary decision, it is not a convenient decision, that there must be a temporary hardship; there must be a period like period of childbirth; there must be a period of inconveniences; there must be a period of personal sacrifices.
“When you are confronted with a period like that, what is required of you is adjustment, because they say trouble doesn’t always last. You will not be in that situation forever. But you will need to adjust. This is the basis of life.”
“I don’t think the President is denying the fact that this is a period in the lives of Nigerian people where things are hard. He has said it over and over again.”
