Quicktell News
  • Login
  • Home
  • Education
  • Top Stories
  • Celebrity Gist
  • Healthcare
  • Foreign News
No Result
View All Result
  • Home
  • Education
  • Top Stories
  • Celebrity Gist
  • Healthcare
  • Foreign News
No Result
View All Result
Quicktell News
No Result
View All Result
Home Top Stories

Senate Initiates Amendment of Cybercrime Act Amid Rising Financial Losses to Cybercrime; Stakeholders Contribute Insights

ONUAH YVONNE by ONUAH YVONNE
November 23, 2023
in Top Stories
0
Senate Promises Legislation to Mandate Electronic Transmission of Election Results
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

The Nigerian Senate has commenced the amendment process for the Cybercrime Act of 2015, recognizing the escalating financial losses incurred by the country due to cybercrime activities. Senate President Godswill Akpabio, represented by Senate Leader Senator Opeyemi Bamidele, highlighted the detrimental impact of cybercrime on Nigeria’s economy during the opening of a one-day public hearing on the Cybercrime (Prohibition and Prevention) Act (Amendment) Bill, 2023 at the Senate Complex in Abuja on Wednesday.

Akpabio emphasized the necessity of establishing a comprehensive legal framework to effectively deter, investigate, pursue, and prosecute cybercriminals. He underscored the urgency to fortify existing laws on cybercrime prohibition and prevention to keep pace with technological advancements, citing the exploitation of loopholes by certain individuals in the past.

“In this age of rapid technological advancement and widespread internet usage, cybercrime has emerged as a grave menace to our society, economy, and personal security,” Akpabio stated. He pointed out that illegal activities such as hacking, identity theft, fraud, harassment, and cyber terrorism had inflicted significant financial losses on the country, invaded privacy, disrupted critical infrastructure, and eroded trust in digital systems.

The Nigerian Communications Commission (NCC) contributed to the discussion, revealing that Nigeria is losing $500 million annually to various forms of cybercrime, including hacking, identity theft, cyber terrorism, harassment, and internet fraud.

Senator Shuaib Salisu, Chairman of the Senate Committee on ICT and Cyber Security, explained the rationale behind amending the Cybercrime (Prohibition and Prevention) Act (Amendment) Bill, 2023. He emphasized the collaborative effort required among the government, industry, civil society, and academia to effectively tackle the complex and multidimensional challenge of cybersecurity.

During the public hearing, the Nigeria Union of Journalists (NUJ) called for the amendment of Section 24 of the Cybercrime Act, 2015, asserting that its provisions undermine freedom of expression and press freedom. NUJ representatives highlighted instances of harassment, arrest, and detention of journalists using Section 24 and argued that it contradicts the constitutional guarantee of freedom of expression and the press.

Senator Shehu Umar, Chairman of the Senate Committee on National Security and Intelligence, expressed concerns about the escalating threat to cybersecurity across various sectors of the Nigerian economy. As the main sponsor of the bill, Senator Umar stressed the need for urgent amendments to the current cybercrime law, citing its limitations in enabling the Economic and Financial Crimes Commission (EFCC), Independent Corrupt Practices Commission (ICPC), National Information Technology Development Agency (NITDA), Central Bank of Nigeria (CBN), and the Nigeria Police to combat cybercrime effectively.

The one-day public hearing, hosted by the Senate joint committee on ICT & Cybersecurity and National Security & Intelligence, marks a significant step toward fortifying Nigeria’s legal framework to address the evolving challenges posed by cybercrime.

Tags: AbujacbnEFCCnigeria
ONUAH YVONNE

ONUAH YVONNE

Related Posts

Bandits Demand Over ₦100m Ransom For Abducted Islamiya Students In Niger
Top Stories

Bandits Demand Over ₦100m Ransom For Abducted Islamiya Students In Niger

November 5, 2026
2027: ‘Nigerians Are The Problem, Not Tinubu’ – Amaechi Tells Voters
Top Stories

2027: ‘Nigerians Are The Problem, Not Tinubu’ – Amaechi Tells Voters

November 5, 2026
IGP Disu Cracks Down on Unauthorized Social Media Use by Police Officers
Top Stories

2027 Elections: Police Ready To Provide Security Even If Polls Begin Tomorrow – IGP Disu

November 3, 2026
Nnaji Denies Guilt, Says Resignation Meant to Protect Integrity and Government’s Reputation
Top Stories

NYSC Tells Court It Did Not Issue Disputed Discharge Certificate To Ex-Minister Uche Nnaji

November 3, 2026
FG Suspends Import Duties to Combat Inflation
Top Stories

Customs To Deploy AI To Track Fake News, Identify Social Media Users Spreading False Information

November 2, 2026
CAN Reacts as ICC Ranks Nigeria Among Worst Persecutors of Christians
Top Stories

CAN Raises Concern Over Reported Conviction Of Christian Woman In Borno, Calls For Religious Freedom

October 31, 2026

Stay Connected test

  • Trending
  • Comments
  • Latest
Presidency Debunks Claims of Microsoft’s Shutdown in Nigeria, Accuses Peter Obi of Sensationalism

MURIC Accuses Christian Leaders Of Betraying Tinubu Over US Designation

November 2, 2025
Nigerians in U.S. Gripped by Fear as Trump’s Crackdown on Undocumented Immigrants Intensifies

US Threatens Military Action Against Nigeria Over Christian Safety Concerns

November 2, 2025
Izu Anioma Towns Union Inaugurates Youth and Women Forum to Drive Community Empowerment and Cultural Continuity

Izu Anioma Towns Union Inaugurates Youth and Women Forum to Drive Community Empowerment and Cultural Continuity

July 22, 2026
Tinubu Faces APC Presidential Screening Today

Tinubu Rejects Trump’s ‘Country Of Particular Concern’ Label Over Religious Persecution Claims

November 1, 2025
Big rebound in jobs: America adds 531,000 jobs to the economy in October

Big rebound in jobs: America adds 531,000 jobs to the economy in October

2
Large Voters Turnout As Ekiti Decides Today

Large Voters Turnout As Ekiti Decides Today

2
Lewis Hamilton on being ‘the greatest you can be’ and the lessons he learned

Lewis Hamilton on being ‘the greatest you can be’ and the lessons he learned

0
Federal workers can take paid leave to get their kids vaccinated

Federal workers can take paid leave to get their kids vaccinated

0
FCT Minister, Nyesom Wike

2027: Wike Warns Nigerians Against Electing Atiku, Accuses Him Of Selling National Assets

November 6, 2026
Peter Obi Supporter’s Drags INEC To Court Over Suspension Of Voters Registration

2027 Elections: INEC Raises Alarm Over Plot To Abduct, Intimidate Ad Hoc Staff

November 6, 2026
FCT Resident Doctors Begin Indefinite Strike Over Unpaid Salaries and Poor Working Conditions

Resident Doctors Threaten Nationwide Strike Over Proposed Jail Terms For Emergency Treatment Delays

November 6, 2026
Peter Obi withdraws From Presidential Race, Dumps PDP

2027: Tinubu Takes Fresh Swipe At Peter Obi Over Anambra Erosion

November 6, 2026

Recent News

FCT Minister, Nyesom Wike

2027: Wike Warns Nigerians Against Electing Atiku, Accuses Him Of Selling National Assets

November 6, 2026
Peter Obi Supporter’s Drags INEC To Court Over Suspension Of Voters Registration

2027 Elections: INEC Raises Alarm Over Plot To Abduct, Intimidate Ad Hoc Staff

November 6, 2026
FCT Resident Doctors Begin Indefinite Strike Over Unpaid Salaries and Poor Working Conditions

Resident Doctors Threaten Nationwide Strike Over Proposed Jail Terms For Emergency Treatment Delays

November 6, 2026
Peter Obi withdraws From Presidential Race, Dumps PDP

2027: Tinubu Takes Fresh Swipe At Peter Obi Over Anambra Erosion

November 6, 2026
Quicktell News

Follow Us

Browse by Category

  • Celebrity Gist
  • Education
  • Foreign News
  • Healthcare
  • Interview
  • Opinion
  • Politics
  • Special Features
  • Top Stories

Recent News

FCT Minister, Nyesom Wike

2027: Wike Warns Nigerians Against Electing Atiku, Accuses Him Of Selling National Assets

November 6, 2026
Peter Obi Supporter’s Drags INEC To Court Over Suspension Of Voters Registration

2027 Elections: INEC Raises Alarm Over Plot To Abduct, Intimidate Ad Hoc Staff

November 6, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact
  • Terms Of Service

© 2023 Quicktellnews - Premium newsQuicktellnews.

No Result
View All Result
  • Home
  • Education
  • Top Stories
  • Celebrity Gist
  • Healthcare
  • Foreign News

© 2023 Quicktellnews - Premium newsQuicktellnews.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.