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Home»National»BREAKING: President Tinubu Suspends Controversial 0.5% Cybersecurity Fee On Electronic Banking Transactions
National

BREAKING: President Tinubu Suspends Controversial 0.5% Cybersecurity Fee On Electronic Banking Transactions

Editor FrancisBy Editor FrancisMay 14, 2024No Comments1 Min Read
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President Bola Tinubu has suspended the contentious 0.5% cybersecurity fee on electronic banking transactions.

The suspension order was issued following deliberations by members of the Federal Executive Council (FEC), according to Minister of Information and National Orientation, Mohammed Idris.

Idris announced the decision at the State House in Abuja after the FEC meeting on Tuesday.





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