Sen. Shuaib A. Salisu, Chairman of the Senate Committee on ICT & Cybercrime, clarified that the recent cybersecurity levy imposed by the Central Bank of Nigeria (CBN) targets financial institutions and telecoms, not individuals.

Sen. Salisu, speaking on Channel TV’s Morning Brief, emphasized the levy’s focus on enhancing cybersecurity in vulnerable sectors. He highlighted the clarity in the Cybercrime Act regarding levy payment responsibilities.

The amendment bill aims to bolster cybersecurity measures and national security, particularly in sectors prone to financial crimes and cyber fraud. Sen. Salisu stressed the importance of these measures to safeguard critical infrastructure and protect consumers.

More details to follow as the story develops.