In a statement released by the NEF’s Director of Publicity and Advocacy, Abdul-Azeez Suleiman, the forum expressed its dissatisfaction with the policy, citing the escalating costs associated with banking transactions as a result of multiple charges. The NEF called on the government to reconsider the policy and explore alternative measures to ease the financial strain on individuals while still promoting the use of electronic payments.
While acknowledging the importance of cybersecurity in safeguarding electronic transactions, the NEF emphasized the need for a more balanced approach that ensures the costs of security measures are reasonable and do not excessively burden bank customers. The NEF urged the government to find a sustainable solution that creates a fair balance between enhancing cybersecurity and alleviating the financial strain on Nigerians.
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Source: NigeriaNewsdesk - 🏆 10. / 63 Read more »