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Cybersecurity levy is unconstitutional —Agbakoba
Mr Olisa Agbakoba has reacted to the controversial cybersecurity levy imposed on Nigerians by the Central Bank of Nigeria, CBN.
Agbakoba described the imposition of the levy as unconstitutional and not a “good idea”.
Speaking with TheCable, the former NBA President said: “It is not a good idea at all. I believe it is a good idea to have a cybersecurity act so that we can deal with cybercrime. However, it is not a good idea to create a fund for which the national security adviser will be entitled to deploy when that is contrary to what the constitution prescribes,” he said.
“So, I am going to court to challenge the imposition by the CBN on levies on the banks which will amount to the banks paying about N3 trillion a year.
“That is unconstitutional because what the constitution says is that everything concerning revenue, whether it is tax or non-tax revenue such as the levy in the cybersecurity act, must pass through the federation account for it to now be appropriated by the National Assembly.
“So, if the same National Assembly makes a law bypassing the appropriation process and putting money in the hands of an agency, that is unconstitutional.”
No fewer than 24 people were killed and more than 40 injured in a bomb blast at a railway station in Quetta in southwestern Pakistan on Saturday, police and other officials told Reuters.
Pakistan is grappling with a surge in strikes by separatist ethnic militants in the south and Islamist militants in its northwest.
Inspector general of police for Balochistan, Mouzzam Jah Ansari, said 24 people have died from the blast so far.
The target was army personnel from the Infantry School,” he said, with many of the injured in critical condition.
“So far 44 injured people have been brought to civil hospital,” Dr. Wasim Baig, a hospital spokesman, told Reuters.
Senior superintendent of police operations, Muhammad Baloch, said the blast seemed to be a suicide bomb and that investigations were underway for more information.
“The blast took place inside the railway station when the Peshawar-bound express was about to leave for its destination,” Baloch said.
No group has claimed responsibility for the blast at Quetta’s main railway station, which is usually busy early in the day.
In August, at least 73 people were killed in Balochistan province after separatist militants attacked police stations, railway lines and highways.
The assaults in August were the most widespread in years by militants fighting a decades-long insurgency to win secession of the resource-rich southwestern province, home to major China-led projects such as a port and a gold and copper mine.
Operatives of the Enugu Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, have arrested two Chinese siblings: Wang Jiang and Wang Richard for allegedly making efforts to export some solid minerals without requisite permit.
While Jiang was arrested at the Akanu Ibiam International Airport ,Enugu, the rest, including two Nigerians, Donatus Agupusi and Michael Benneth Agu, were arrested at the Enugu Zonal Directorate of the EFCC.
Their arrest followed an intelligence received by the Commission through the Federal Airport Authority of Nigeria, FAAN on November 3, 2024 involving Jiang who was intercepted at the hold baggage screening point, where unidentified suspicious stones believed to be solid minerals wrapped in three different pieces were discovered in his luggage.
Preliminary investigations into the matter revealed that Agupusi, owner of Great Wall Construction Limited, is the employer of the remaining suspects. Investigation also revealed that Jiang was attempting to travel out of the country with the solid minerals in order to carry out some tests on them in China.
Investigations further revealed that none of the four suspects had a permit to export the solid minerals to China.
The suspects will be charged to court as soon as investigations are concluded.
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