The House of Representatives has directed the Central Bank of Nigeria (CBN) to immediately halt the implementation of the cybercrime levy in compliance with the provisions of the cybercrime Act.
The House, today, said the circular by the CBN was prone to misinterpretation by Nigerians as it negates the spirit and letters of section 44(2a) of the cybercrime Act which specify those who are expected to pay the levy.
It adopted a motion of urgent public importance moved by Minority Leader, Kingsley Chinda (PDP, Rivers) on behalf of the entire lawmakers.
The House asked the Central Bank to immediately withdraw its earlier circular on the implementation of the levy and issue another circular in love with the provisions of the Act.
Vanguard/ Oluwabusayo Oyinloye
