Nigerians to Pay 7.5% VAT on Mobile Transfers and USSD from Next Week

The Nigerian government has announced that citizens will be subjected to a 7.5% VAT on mobile transfers and USSD transactions effective from the following week. This move is part of efforts to increase revenue generation and expand the tax base in the country.

The decision has sparked mixed reactions among Nigerians, with concerns raised about the potential impact on the cost of living and financial transactions for the populace.