The NESG predicted if this policy persists, many Nigerians may opt out of electronic fund transfers, which could lead to revenue loss for the government. The Nigerian Economic Summit Group (NESG) has criticized the timing of the Central Bank of Nigeria’s (CBN) recent introduction of a 0.5% cybersecurity levy on electronic transactions.NESG, in a statement issued on Thursday, May 9, empathetically urged the Federal Government to reconsider this levy. Understanding the challenges the government faces, NESG expressed concerns about the burden it places on Nigerians who are already facing multiple…