In order to put to an end, the
yearly loss of $500 billion
to cybercrime, Nigeria’s
10th Senate Wednesday
resolved to review and amend
the Cybercrime (Prohibition
and Prevention) Act, 2015.
Senate President
Godswill Akpabio
disclosed this Wednesday
at the inauguration of
public hearing on the 2023
Cybercrime (Prohibition
and Prevention) Act
(Amendment) Bill, 2023 at
the Senate Complex, Abuja.
The inauguration was at
the instance of the Chairman,
Senate Committee on
ICT and Cyber Security,
Senator Shuaib Afolabi
Salisu; Chairman, Senate
Committee on National
Security and Intelligence,
Senator Shehu Buba Umar
and all members of their
committees.
In its report, the
Nigerian Communications
Commission (NCC) had
claimed that Nigeria “is
losing $500 million dollars
annually to all forms of
cybercrime including
hacking, identity theft,
cyber terrorism, harassment
and Internet fraud. At the
inauguration of the public
hearing on Wednesday, the
senate president lamented
that certain individuals with
misguided intentions “are
exploited cybercrime laws
by tarnishing the reputation
of Nigeria.”
Represented by the Leader
of the Senate, Senator
Opeyemi Bamidele, he
observed that it was imperative
to establish a comprehensive
legal framework to deter,
investigate, pursue and
prosecute cybercriminals.
According to the senate
president, it is of utmost
national and economic
importance that we
establish a comprehensive
legal framework to deter,
investigate, pursue and
prosecute cybercriminals.