Levy: FG should improve cybersecurity

An Information Communication Technology expert, Mr Jide Awe , has called on the Federal Government to focus on strengthening cybersecurity rather than floating levies that will further worsen economic hardship of Nigerians.An Information Communication Technology expert, Mr Jide Awe , has called on the Federal Government to focus on strengthening cybersecurity rather than floating levies that will further worsen economic hardship of Nigerians.

Awe said, “A convenience associated with electronic transactions is undeniable, but already, consumers have complained and are not comfortable with the slew of banking fees and charges they have to pay for their everyday transactions. Part of his concerns was that the continuous stream of electronic banking and financial charges, which he said would truncate efforts to build a cashless ecosystem.

“Meaningful stakeholder participation and contribution are critical. Already, there are buy-in challenges with the manner in which the levy implementation was introduced. Some of the exemptions, he said, included customer account transactions, salary payments, social welfare programmes, non-profit and charitable transactions, and educational institutions payments.He advised that the government should carry the masses along in its policies, adding that cybersecurity cannot rely solely on legalistic measures and enforcement.

ICT Jide Awe

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