News
Cybersecurity levy: You can’t tax Nigerians that are already economically distressed – Peter Obi blasts Tinubu
Peter Obi, the presidential candidate of the Labour Party in 2023 general election has hammered the Federal government over the proposed Cybersecurity Levy on bank transactions, NewsWeek Nigeria reports.
Reacting, Obi in a statement issued on his verified X account, faulted the Federal government decision, stressing that, the introduction of Cybersecurity Levy on Nigerians who are already suffering severe economic distress is further proof that the government is more interested in milking a dying economy.
Peter Obi wrote:
“The introduction of yet another tax, in the form of Cybersecurity Levy, on Nigerians who are already suffering severe economic distress is further proof that the government is more interested in milking a dying economy instead of nurturing it to recovery and growth.”
CBN bans Moniepoint, Opay, Kuda, others from doing this
“This does not only amount to multiple taxation on banking transactions, which are already subject to various other taxes including stamp duties but negates the Government’s avowed commitment to reduce the number of taxes and streamline the tax system.”
“The imposition of a Cybersecurity Levy on bank transactions is particularly sad given that the tax is on the trading capital of businesses and not on their profit hence will further erode whatever is left of their remaining capital, after the impact of the Naira devaluation and high inflation rate.
It is inconceivable to expect the suffering citizens of Nigeria to separately fund all activities of the government. Policies such as this not only impoverish the citizens but make the country’s economic environment less competitive.”
“At a time when the government should be reducing taxes to curb inflation, the government is instead introducing new taxes.
And when did the office of the NSA become a revenue collecting centre?” “And why should that purely national security office receive returns on a specific tax as stated in the new cybersecurity law? -PO” The CBN in a circular issued on Monday ordered banks operating in the country to start charging a cybersecurity levy on transactions in two weeks from the date of the issuance of the circular.
The apex bank referenced earlier circular and letter to all banks dated June 25, 2018 (Ref: BPS/DIR/GEN/CIR/05/008) and October 5, 2018 (Ref: BSD/DIR/GEN/LAB/11/023), respectively, on compliance with the Cybercrimes (Prohibition, Prevention, etc.) Act 2015 and the recent call by the National Security Adviser office for the full enforcement of Nigeria’s amended cybercrime law.
News
Just in; Chief of Staff to Kwara Gov is dead
Prince AbdulKadir Mahe, the Chief of Staff to Kwara State Governor AbdulRahman AbdulRasaq, is dead.
He passed away on Saturday morning, December 28, 2024.
He will be buried today at his home on Moro Street, Adewole Estate, Ilorin, after the Asr prayer.
The governor and others have sent their sympathies to his family and loved ones.
The Chief Press Secretary to the Governor, Rafiu Ajakaye confirmed the development also confirmed in a statement.
The statement said: “In total submission to the will of Allaah, we regret to announce the passing of the Chief of Staff to His Excellency, Prince AbdulKadir Mahe.
“He died this morning, December 28, 2024, as has been destined by Allaah.
“The late CoS will be buried today at his residence on Moro Street, Adewole Estate, Ilorin, after the Asr prayer.
His Excellency deeply mourns the death of Prince AbdulKadir Mahe, a perfect gentleman, community leader, urbane public servant, and a statesman.
“The governor commiserates with the Emir of Ilorin, Alh. Ibrahim Sulu-Gambari, the immediate family of Prince AbdulKadir; government establishments; and cabinet members.
“We ask for the understanding of everyone at this mournful period as the government and family mourn the quintessential public servant.
“We pray that Allaah accept his return, ease his accounts, admit him to al-jannah Firdaus, and uphold his family upon goodness
News
BLACKOUT as TCN Announces Power Outage In Abuja
The Transmission Company of Nigeria (TCN) has announced planned power outages in certain areas this weekend to allow for maintenance work on its transmission equipment.
According to a statement by the General Manager of Public Affairs, Mrs. Ndidi Mbah, the exercise is aimed at ensuring better service delivery.
On Saturday, December 28, 2024, from 9:00 a.m. to 1:00 p.m., Gwagwalada and nearby communities will experience a temporary power outage. This is to allow engineers to perform maintenance on a 60MVA transformer and related switchgear at the Gwagwalada Transmission Substation.
Similarly, on Sunday, December 29, 2024, power will be interrupted in several areas, including Wuye, EFCC, Federal Medical Centre, Coca-Cola, Idu Railway Station, Citec, and Life Camp. The outage will occur from 9:00 a.m. to 1:00 p.m. as engineers carry out work on another 60MVA transformer at the Kukwaba Transmission Substation.
In the statement, TCN apologized for the inconvenience caused by the outages and sought the understanding of affected customers. It emphasized the importance of the maintenance work to ensure the power equipment functions optimally. “TCN apologizes for the inconvenience this may cause, especially during the end-of-year season. However, it is important that maintenance is carried out as scheduled for optimal performance of power equipment,” the statement read.
News
BREAKING! Confusion trails free train ride, hundreds of passengers stranded(PHOTOS)
* As train is delayed, NRC officials demand tickets
By Emmanuel Agaji
The much publicised tree train ride for passengers travelling to different destinations along the Itakpe/ Warri route may be a hoax as officials of the Nigeria Railway Corporation (NRC) at Itakpe, Kogi State, demand e-tickets and other evidence of payment for the trip.
Naojablitznews observed that upon arrival at the train station, travellers are accosted by the train operators to show their tickets to confirm their booking for the ride.
When a passenger shows his ticket, he is allowed to move into the Departure Lounge while those who had arrived on the assumption that the train ride was free are shoved aside , told to write down their names on a sheet of paper and stay under a canopy until those who paid for the trip have been allocated seats on the train.
The Federal Government had, a few days ago announced that Nigerians will enjoy free train rides during the Christmas and New Year celebrations.
The government also announced that transportation by road would be subsidised up to fifty per cent. However, these promises appear to have been mere propaganda.
The situation has left many travellers confused and stranded especially as
the train which ought to take off from Itakpe at t 2 pm on Saturday has not shown up at the station as at 3.16 pm.
Hundreds of passengers are currently stranded and waiting under the scorching heat of the sun as officials continue their discriminatory admission of passengers into the Departure Lounge.
There are fears that the train may not hit the station until about 4 pm and many passengers may not have space on it because of the perceived underhand dealings by the train officials.
While the officials of the Itakpe Train Station continue to plead for understanding over the delay of the train, their emphasis has been on how to cater for those who booked online for the trip and very little or no emphasis is made to reassure those who came for the free ride announced by the Federal Government that they were at the right place.
More details later
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