The Trade Union Congress (TUC) has criticized opposition lawmakers in the National Assembly for their apparent lack of response to the controversial cybersecurity levy. On May 6, the Central Bank of Nigeria (CBN) instructed banks and financial institutions to implement a 0.5 percent cybersecurity levy on electronic transfers......See Full Story>>.....See Full Story>>
This directive has drawn widespread discontent from Nigerians and various groups, who argue that banking transactions are becoming excessively costly due to multiple charges.
During an appearance on Channels Television’s Politics Today, TUC President Festus Usifo questioned why opposition lawmakers in the National Assembly remained silent on the issue. He expressed disappointment that these lawmakers have failed to take a clear stance.
Usifo accused the ruling All Progressives Congress (APC) of exacerbating hardships for Nigerians. He questioned the whereabouts of opposition parties such as the PDP, Labour Party, and NNPP in the National Assembly, emphasizing the need for them to speak out against policies that burden the populace.
He criticized the lack of transparency in the legislative process, highlighting the absence of public hearings or advertisements regarding bills such as the Cybercrime (Prohibition, Prevention, etc) (Amendment) Act 2024. According to Usifo, organized labor was not adequately consulted during the passage of this legislation.