I got an email from one of the commercial banks stating their readiness to further impoverish the populace and take the last lifeline of the cashless policy which is already struggling to survive the 50NGN stamp duty charges with the imposition of 5% VAT on every card related services include ATM withdrawal.

Almost all the available commercial banks' mobile apps are tied to a debit/credits cards, this may mean that for every airtime purchase, bill payments and funds transfer via the app would be subjected to VAT.

Anyone got similar email?