• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, September 12, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Limit Cybersecurity Fee To Banks, Stakeholders Tell Federal Govt

by Isaiah Benjamin
1 year ago
in News
Reading Time: 2 mins read
Cybersecurity
Share on WhatsAppShare on FacebookShare on XTelegram

Stakeholders in the North have asked the federal government to limit the collection of the cybersecurity fee to banks and other financial institutions.

Advertisement

They advised the government to go ahead with its implementation but exempt the ordinary citizens from bearing the burden of payment.

 At a “Roundtable Discussion on Cybersecurity Act” in Kaduna, the stakeholders said they were in support of the implementation of the Act because of its benefits to national security.

The stakeholders however stressed that banks and other financial institutions should bear the burden of the proposed 0.5% levy, rather than passing it on to the citizens who they argued were already facing multiple taxes and levies imposed by banks.

The Northern stakeholders, most of whom were drawn from the civil society, NGOs and academia, were led by the director of Arewa House, Dr Shuaibu Shehu Aliyu, secretary-general of Arewa Consultative Forum (ACF), Alhaji Murtala Aliyu and director-general of Sir Ahmadu Bello Memorial Foundation, Engr. Abubakar Gambo Umar among others.

Reading their communique to newsmen at the end of the meeting, Dr Aliyu who read the communique noted that, the discussion which was organised to review and make inputs on the Cyber Security Act, examined the degree of vulnerability to cybercrimes, the methodology and mechanisms to be applied, as well as the organisations to pay the levy.

Aliyu said, “The participants acknowledged that the Cybersecurity Act is a well-articulated and necessary initiative to address the increasing cybercrimes in Nigeria. The Act is seen as a positive step towards safeguarding the country’s digital infrastructure and protecting its citizens from cyber threats.

“The participants recognized the real and significant danger posed by cybercrimes to the country. They emphasized the need for effective measures to prevent and combat cybercrimes, as they can undermine national security, economic stability, and the privacy of individuals.

RELATED

Tinubu Pledges Broadband Expansion, Strengthening Of Policy Research Institutions

Oyo Pays Gratuities Of 8,545 Pensioners In 6 Years — Commissioner

10 minutes ago
Extension Of Natasha’s Suspension A Desecration Of Democracy — Akande

Extension Of Natasha’s Suspension A Desecration Of Democracy — Akande

23 minutes ago

“There was a general concern among the participants regarding the usage of funds collected through the proposed 0.5% levy. They stressed the importance of accountability and prudent utilization of the funds to ensure that they are allocated to the appropriate areas, such as strengthening cybersecurity capabilities, enhancing law enforcement efforts, and supporting initiatives aimed at educating the public about cyber threats.

“The participants recognized that citizens already face multiple taxes and levies imposed by banks and other financial institutions. They emphasized the need for these institutions to bear the burden of the proposed 0.5% levy, rather than passing it on to the citizens. This approach would alleviate the financial strain on individuals and ensure that the responsibility is shared by institutions that directly benefit from enhanced cybersecurity measures.” 

 

Join Our WhatsApp Channel

Tags: Cybersecurity
SendShare10170Tweet6356Share
ADVERTISEMENT
Previous Post

UN, Federal Govt Seek $306m To Avert Food Crisis In Adamawa, Borno, Yobe

Next Post

NEMA Distributes Grains To Vulnerable In Kebbi

Isaiah Benjamin

Isaiah Benjamin

You May Like

Tinubu Pledges Broadband Expansion, Strengthening Of Policy Research Institutions
News

Oyo Pays Gratuities Of 8,545 Pensioners In 6 Years — Commissioner

2025/09/12
Extension Of Natasha’s Suspension A Desecration Of Democracy — Akande
News

Extension Of Natasha’s Suspension A Desecration Of Democracy — Akande

2025/09/12
Kano Conjoined Twins Return From Saudi Arabia After Separation Surgery
News

Kano Conjoined Twins Return From Saudi Arabia After Separation Surgery

2025/09/12
Influencers Enioluwa, Tomike Cheer On Hilda Baci At World Record Jollof Attempt
Entertainment

Influencers Enioluwa, Tomike Cheer On Hilda Baci At World Record Jollof Attempt

2025/09/12
Meta Restores FIJ’s Facebook Page, Admits Takedown Was ‘Mistake’
News

Meta Restores FIJ’s Facebook Page, Admits Takedown Was ‘Mistake’

2025/09/12
Davido Explains Reduced Presence On Social Media
Entertainment

Davido Explains Reduced Presence On Social Media

2025/09/12
Leadership Conference advertisement

LATEST

Oyo Pays Gratuities Of 8,545 Pensioners In 6 Years — Commissioner

Extension Of Natasha’s Suspension A Desecration Of Democracy — Akande

Kano Conjoined Twins Return From Saudi Arabia After Separation Surgery

Influencers Enioluwa, Tomike Cheer On Hilda Baci At World Record Jollof Attempt

Meta Restores FIJ’s Facebook Page, Admits Takedown Was ‘Mistake’

Davido Explains Reduced Presence On Social Media

Nigeria’s Lifeblood Crisis

Oyo, UNICEF Seek Diligent Prosecution Of Female Genital Mutilation Cases

JUST-IN: Suspected Killer Of Charlie Kirk In Custody, Says Trump

Nigeria, Angola Strengthen Ties With New Bilateral Agreements

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.