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NLC, SERAP Reject Nigeria’s Cybersecurity Levy

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NLC protests in Abuja

By Adedapo Adesanya

The Nigeria Labour Congress (NLC) has described the planned cybersecurity levy introduced by the Central Bank of Nigeria (CBN) on all electronic transactions as another burden on Nigerians.

According to a circular issued to various financial institutions, including commercial, merchant, non-interest, and payment service banks, a 0.5 per cent cybersecurity levy would come into effect from May 20.

The fee’s introduction has sparked widespread criticism among Nigerians and civil society organisations, including NLC and the Socio-Economic Rights and Accountability Project (SERAP).

Rejecting the policy, the NLC President, Mr Joe Ajaero, said such deductions directly affect the disposable income of workers and further diminish the purchasing power of the common citizens.

He said the directive by the apex bank is another gang up by the ruling elite to continue its extortion and exploitation of helpless workers and the masses.

“The Nigeria Labour Congress recognises the importance of cybersecurity in today’s digital age,” the labour leader admitted.

“However, imposing such a levy on electronic transactions without consideration for its implications on workers and vulnerable segments of society is unjustifiable.

“This levy stands as another tax that is too much for Nigerians, burdening them with additional financial responsibilities.

“We see this levy as another gang-up by the ruling elite to continue its extortion and exploitation of hapless and helpless workers and the masses,” he said.

Also, SERAP urged President Bola Tinubu to use his “good offices to immediately direct the Central Bank of Nigeria (CBN) to withdraw the cybersecurity levy on Nigerians as it patently violates the provisions of the Nigerian Constitution 1999 [as amended] and the country’s international human rights obligations and commitments.”

It asked Mr Tinubu “to stop Mr Nuhu Ribadu and the office of the National Security Adviser (NSA) from implementing section 44 and other repressive provisions of the Cybercrimes Act 2024 as it flagrantly violates the provisions of the Nigerian Constitution and the African Charter on Human and Peoples’ Rights and International Covenant on Civil and Political Rights to which Nigeria is a state party.”

The organisation appealed to the President “to direct the Attorney General of the Federation and Minister of Justice, Mr Lateef Fagbemi (SAN) to immediately prepare and present a bill to amend section 44 and other repressive provisions of the Cybercrimes Act 2024 to the National Assembly so that those provisions can be brought in line with the Nigerian Constitution and the country’s international human rights obligations.”

In the statement signed by SERAP deputy director, Mr Kolawole Oluwadare, the group said: “The Tinubu administration must within 48 hours withdraw the patently arbitrary and unlawful CBN directive purportedly imposing cybersecurity levy on Nigerians.

“Section 44(8) criminalizing the non-payment of the cybersecurity levy by Nigerians is grossly unlawful and constitutional,” noting that it was already preparing the necessary court papers should the administration fail or neglect to act as recommended.

“The administration must urgently take concrete and effective measures to ensure the repeal of section 44 and other repressive provisions of the Cybercrimes Act 2024.”

“If the unlawful CBN directive is not withdrawn and appropriate steps are not taken to amend the repressive provisions of the Cybercrimes Act within 48 hours, SERAP shall consider appropriate legal actions to compel the Tinubu administration to comply with our request in the public interest,” it said.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Eyesan Promises Enhanced Transparency, Digital Transformation at NUPRC

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NUPRC

By Adedapo Adesanya

The chief executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs Oritsemeyiwa Eyesan, has promised to enhance transparency and ensure that the NUPRC’s internal communications are fully digital.

Mrs Eyesan said this when the Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), Mr Musa Adar, visited the commission’s corporate headquarters in Abuja.

“We have set for ourselves a 60-day programme to digitise our interactions and communications within the commission. I can assure you that once we get to day 60, there will be no paper trail within the Commission. All our transmissions will be electronic, which also means speed is assured. It means we will be able to trace where we have hiccups,” Mr Eyesan said.

The NUPRC boss said digitising processes often leads to better results, like the enforcement of payments of royalties.

“I can tell you without a shadow of doubt that for royalty payments, the default rate was enormous prior to 2025 when the Commission went live on the system. Now, compliance has improved,” Mrs Eyesan said.

The NUPRC boss sought a deepened relationship with NEITI, which will foster transparency, especially amid the 2025 Licensing Round.

In his remarks, the NEITI’s scribe said there was a need for the NUPRC to carry the agency along in its operations as this would not only enhance transparency but also deepen investor confidence.

Mr Adar also urged the commission to be firm on oil companies that run afoul of the Petroleum Industry Act.

Speaking on the Extractive Industries Transparency Initiative, Mr Adar asked that the NUPRC actively participate in the 2026 EITI flagship conference, which will provide the Commission with better insights into the standards that guide EITI implementation.

The NEITI boss also sought support from the Commission in the area of data sharing, which will enhance the operations of the agency.

“We are here to seek understanding, and we must collaborate,” Mr Adar said.

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Tinubu Tasks Acting IGP Disu to Restore Peace, Strengthen Security Nationwide

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Tunji Disu decorated IGP rank

By Modupe Gbadeyanka

The acting Inspector-General of Police (IGP), Mr Tunji Disu, has been charged to do everything within his powers to restore peace and strengthen security across the nation.

This task was given to the new police chief by President Bola Tinubu after being decorated at the State House in Abuja on Wednesday.

Mr Disu was chosen to succeed Mr Kayode Egbetokun on Tuesday. His appointment is expected to be approved by the Nigeria Police Council and confirmed by the Senate next week.

President Tinubu described Mr Disu’s appointment as coming at a critical moment, urging him to rebuild public confidence in the police’s capacity to do their job in collaboration with other security forces.

“I made this decision for you to assume this responsibility. I know your record. I saw the dedication you exhibited while you were in Lagos when I was governor,” the President said.

“Lead firmly but fairly, demand professionalism at every level and ensure that the safety of lives and property remains our highest priority. It’s a daunting challenge. I know you can do it. You have my word, you have my full support,” he added.

Mr Tinubu urged him to advance the security pillars of his administration’s Renewed Hope Agenda. He expressed confidence in the Acting IGP’s discipline, operational experience and leadership capacity.

“Nigeria is challenged with banditry, terrorism and other criminal activities. You will be part of the thinking and innovation to overcome them,” the President said, reaffirming his belief that Nigeria would prevail under a committed leadership.

The President also paid tribute to Mr Egbetokun, who was present with his spouse, saying, “We are a grateful nation. Nigeria appreciates your contribution to maintaining law and order.”

He urged Egbetokun to be ready to offer useful advice to his successor and wished him and his family peace, good health and success in future endeavours, noting,

“You have not succeeded without a good successor. His success will also be part of your legacy.”

Mr Tinubu urged all security stakeholders to work collectively to safeguard lives and property during this critical period.

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Real Estate Sector Now Safe Haven for Fraudsters—EFCC

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real estate fraud

By Modupe Gbadeyanka

The chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ola Olukoyede, has lamented how “people now defraud the government and individuals and invest in real estate.”

He raised this concern when he received the executives of the Association of Real Estate and Property Managers (AREAPM) in Edo State on Wednesday.

The EFCC chief, represented by the acting Zonal Director and Deputy Commander of the Commission, Mr Sa’ad Hanafi Sa’ad, warned real estate managers against money laundering.

“We have noted with grave concern that fraudsters are laundering money and hiding proceeds of crime through real estate and property. People now defraud the government and individuals and invest in real estate,” he stated.

He noted that the agency would continue to discharge its statutory mandate of bringing those who seek to circumvent the system to book.

“As a commission, we recognise the role of Real Estate and Property Managers. Property Managers are designated non-financial businesses and professions.

“So, we expect them to be professionals and uphold the relevant rules and regulations in the discharge of their duties,” he stated, adding that, “The commission will apply the laws when there is a breach of relevant rules and regulations.”

He assured the AREAPM executives of the organisation’s willingness to collaborate with them in dealing with fraud and criminality in the sector.

“We have a unit, the Land and Property Fraud Section, which attends to issues in that regard. So, when you have challenges, you can report to us,” he stated.

In his remarks, the chairman of AREAPM in Edo State, Mr Akpesiri Michael Egbonoje, stated that the essence of the visit was to seek areas of collaboration with the commission and work out ways of combating real estate financial crimes and fraud in the state.

“Part of our strategy is to familiarise ourselves with law enforcement agencies in the state and seek for collaborative relationships. As a body, we cannot do it alone; we need help in the areas of financial crimes.

“We have tried to sanitise the space, but we realised that your agency is at the apex when it comes to dealing with financial crimes.

“We believe that structured collaboration between AREARM and the EFCC will promote financial transparency, investor confidence, and accountability within the real estate sector.”

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