Economist Marcel Okeke Criticizes CBN’s Introduction of Cybersecurity Levy
Economist Marcel Okeke has condemned the Central Bank of Nigeria’s (CBN) decision to introduce a cybersecurity levy. Okeke, a former Chief Economist for Zenith Bank Plc, expressed his disapproval, stating that the government’s decision shows insensitivity to the current struggles of Nigerians.
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“This is one more tax too many, especially the timing,” Okeke said, echoing the Nigeria Labour Congress’s rejection of the levy.
He elaborated, “Why is it coming now when there is serious outcry in the polity about people suffering? We have a high rate of inflation, we have the Naira battered in the foreign exchange market, we have people going through all sorts of challenges and all that. And here we are hearing that another kind of tax is being introduced.”
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