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Cybersecurity levy: Tinubu govt only interested in milking a dying economy – Peter Obi
Peter Obi, former presidential candidate of the Labour Party (LP), has criticized President Bola Tinubu’s administration for imposing a cybersecurity levy on Nigerians, alleging that the government is focused on extracting resources from a struggling economy rather than nurturing its recovery and development.
Obi accused the government of implementing policies that not only exacerbate citizens’ impoverishment but also undermine the country’s economic competitiveness. He argued that the imposition of a Cybersecurity Levy on Nigerians would further diminish their capital, especially considering the impact of Naira devaluation and high inflation rates.
Taking to his social media platform on Wednesday, Obi questioned the transformation of the Office of the National Security Adviser (NSA) into a revenue-generating entity. He expressed disbelief at the expectation that Nigerian citizens, already grappling with economic hardship, would single-handedly finance all government activities.
In his statement, Obi remarked, “Introducing another tax, such as the Cybersecurity Levy, on Nigerians who are already experiencing severe economic hardships, demonstrates the government’s preference for extracting resources from a faltering economy rather than nurturing its recovery and growth.”
He further criticized the levy, noting its imposition on business trading capital, which would further deplete their resources. Obi highlighted the incongruity of introducing new taxes at a time when the government should be reducing taxes to mitigate inflation.
Lastly, he questioned the role of the NSA’s office in revenue collection and raised concerns about the lack of clarity regarding the allocation of returns from the cybersecurity levy.
Dangote Refinery has announced that it will need to export 95-97 percent of its Premium Motor Spirit (petrol) due to low interest from Nigerian marketers. The refinery, which processes 650,000 barrels per day, revealed that only 3 to 5 percent of petrol marketers are purchasing its fuel.
Devakumar Edwin, Vice President of Oil and Gas at Dangote Industries Limited, shared these details during an X Space session hosted by Nairametrics on Wednesday. He highlighted the challenges facing both the Dangote Refinery and Nigeria’s oil and gas sector.
Edwin explained, “I’m selling 2 to 3 percent to small traders who are willing to buy, while the remaining 95 to 97 percent has to be exported,” referring to the local sales of the refinery’s products.
This situation arises as the NNPCL’s deadline for adjusting the Dangote Refinery’s fuel distribution approaches without a clear plan in sight. It is worth noting that while Aliko Dangote, President of Dangote Group, has announced the refinery’s initial petrol rollout, its distribution to marketers is contingent upon NNPCL’s decisions.
The final sixteen teams for the 2024 FIFA U-20 Women’s World Cup in Colombia have been determined following the conclusion of the group stage.
In recent matches, Ghana triumphed over New Zealand with a score of 3-1, and Japan secured a 2-0 victory against Austria.
As a result, Japan has advanced to the Round of 16, joining the other 15 teams in this knockout stage.
The Round of 16 matches are scheduled for Wednesday, Thursday, and Friday.
The full lineup for the Round of 16 is as follows:
- Spain vs Canada
- Brazil vs Cameroon
- Colombia vs South Korea
- Mexico vs USA
- North Korea vs Austria
- Germany vs Argentina
- Netherlands vs France
- Japan vs Nigeria
The Nigerian Army has refuted claims of widespread resignations among its soldiers due to issues like corruption and low morale.
In a statement, Major General Onyema Nwachukwu, Director of Army Public Relations, dismissed these reports as unfounded.
A news outlet had alleged that numerous Nigerian soldiers were resigning because of corruption and low morale. However, the statement condemned these allegations as misleading and a deliberate attempt to create discontent and undermine the Nigerian Army’s reputation and the dedication of its personnel.
Major General Nwachukwu clarified that, similar to other military organizations worldwide, service in the Nigerian Army is voluntary rather than mandatory. This means that personnel have the freedom to resign following established procedures.
He explained that the resignation process allows personnel to prepare and manage their entitlements, including pensions and gratuities, as outlined in the Harmonized Terms and Conditions of Service (Officers/Soldiers).
Contrary to the report’s implications, the statement emphasized that Nigerian Army personnel are highly motivated, and their welfare is a priority under the leadership of Chief of Army Staff, Lieutenant General Taoreed Lagbaja.
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