Leadership plays a critical role in the development of any system.
On May 13, 2024, a significant policy reversal caught the attention of Nigeria and its citizens. President Bola Tinubu, responding to widespread criticism and public outcry, suspended the implementation of the newly introduced 0.5% cybersecurity levy. This levy, initially mandated by the Central Bank of Nigeria (CBN), was intended to bolster national cybersecurity efforts by funding the National Cybersecurity Fund (NCF) but faced fierce opposition from various sectors of society.
Senator Ali Ndume, speaking with Arise Television, praised President Tinubu for his responsiveness to public sentiment, describing him as a “listening, responsive, and reactive person” who cares deeply about the welfare of the citizens. This move by the President was seen as an attempt to ease the economic burden on Nigerians, who are already facing numerous financial challenges.
The levy, as detailed by the CBN, was to be deducted from all electronic transactions, excluding certain types like salary payments and intra-bank transfers, to ensure that the financial load was not passed on to individual citizens but was borne by larger financial and telecommunication entities. Despite these measures, the public perceived the levy as an additional financial burden, leading to widespread discontent.
This scenario highlights the delicate balance leaders must maintain between implementing necessary policies and responding to public opinion. It also underscores the importance of clear communication and public engagement in policy-making, aspects that were initially overlooked when the levy was announced.
Biblical Reflections on Leadership and Governance
The Principle of Wise Counsel
Solomon, known for his wisdom, highlighted the importance of counsel in leadership: “Plans fail for lack of counsel, but with many advisers they succeed” (Proverbs 15:22). President Tinubu’s decision to suspend the cybersecurity levy illustrates the application of this principle. By listening to the public’s feedback and consulting with advisors, he demonstrated prudent leadership that aligns with biblical wisdom.
The Role of a Leader in Bearing Burdens
The Scriptures teach that true leadership is servanthood. Jesus said,
“Whoever wants to become great among you must be your servant” (Matthew 20:26).
In suspending the levy, President Tinubu took a step back from a policy that, while potentially beneficial in the long run, imposed immediate hardships on the people, thus embodying the servant-leader model advocated in the Bible.
Justice and Fairness in Governance
The Bible emphasizes justice and fairness, especially in governance.
“Follow justice and justice alone, so that you may live and possess the land the Lord your God is giving you” (Deuteronomy 16:20).
The initial oversight in the cybersecurity levy could be seen as a lapse in ensuring fairness, which the suspension seeks to correct.
Other Notable News from Nigeria
- Digital Economy Initiatives: Nigeria seeks an alliance with Sweden to strengthen its digital economy, aiming to enhance technological advancements and economic growth.
- Financial Sector Developments: The CBN’s recent actions, including the sacking of staff and directives to fintechs, reflect ongoing efforts to stabilize and sanitize Nigeria’s financial landscape.
- International Relations and Security: The IMF highlights rising cyber threats as a serious concern for global financial stability, underscoring the relevance of Nigeria’s focus on cybersecurity.
Conclusion
The suspension of the cybersecurity levy by President Tinubu not only reflects a responsive and adaptive leadership but also serves as a case study in the balance between governance and public opinion. As we navigate through the complexities of modern governance, the biblical principles of wisdom, servanthood, and justice remain ever relevant, guiding leaders and citizens towards a more equitable society.
Daily Christian Quote
“Leadership is not about being in charge. It is about taking care of those in your charge.” – Simon Sinek