Public Outrage as FG Slaps 7.5% VAT on Mobile Bank Transfers, USSD Payments from January 19
Public anger is mounting across Nigeria following confirmation that a 7.5 per cent Value Added Tax (VAT) will be imposed on mobile bank transfers and USSD transactions starting January 19, 2026, a move many Nigerians say will deepen the cost-of-living crisis and punish the poor who rely heavily on digital banking for daily survival. The…