To secure the digital space and safeguard national security and economic interests, the Office of the National Security Adviser (ONSA) has directed law enforcement agencies, regulators, businesses and stakeholders to put in place mechanisms for full implementation of the Cybercrimes Act.
Its spokesman, Zakaria Mijinyawa, recalled that on July 6, 2022, Nigeria joined 66 other countries that have signed and ratified the Budapest Convention on Cybercrime to enhance international cooperation, provide common platform and procedural tools for efficient and safe cyberspace according to Section 41(2) (a) of the Cybercrime Act 2015.
In a statement, he said: “Arising from the High-Level African International Counter Terrorism Meeting in Abuja between April 22 and 23, 2024, African leaders stressed the urgent need for the improved deployment of greater support and resources towards strengthening cybersecurity activities in Africa and taking concrete steps to prevent the use of social media and other platforms by terrorists and organised criminal groups.
“Consequently, a levy of 0.5 per cent of all electronic transactions value by the specified businesses in the Second Schedule to the Act shall be paid and credited into the National Cybercrime Fund.”