Cybersecurity levy appropriate, but lacks strategic communication

A former member of the House of Representatives, Recall that the CBN on Tuesday announced that a 0.5 per cent levy shall be applied at the point of electronic transfer origination, then deducted and remitted by the financial institution.

Gebi said, “Nigeria has been postponing the full implementation of these internationally agreed protocols since 2015. You may recall I was in Parliament then in 2015. “There is again no gain in saying the National Security Advisor, as the coordinator of all security agencies in Nigeria, must do the needful.

Gebi said, “We do a poor case of strategic communications, I believe the CBN should have communicated this better. I believe consensus should have been built, advocacy, enlightenment, getting people to understand what their money is going to buy them in the short medium and long term.”

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