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.
Plus234Feed summary based on reporting from Daily Trust. Read the original report below.
Read full article
Continue on Daily Trust
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories

Nigerians to Pay 7.5% VAT on Bank Transfers and USSD Transactions from January 19, 2026

Nigeria Introduces New VAT, Stamp Duty, and Bank Fees in 2026

Nigerians to Face Higher Bank Transfer Charges from 2026 Due to New Tax Framework
Nigerian Customers Cry Out Against Bank Exploitation Over 7.5% VAT Charges
Nigerian Revenue Service Clarifies 7.5% VAT on Banking Services

Nigerian Banks Deduct 7.5% VAT on Card Maintenance Fees, Impacting Customers
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.






