PoS Operators Deny Selling Naira Notes as Lagos Cautions About High Charges
- Lagos State government has said it would prosecute PoS operators who make life difficult for Nigerians as they try to get cash
- The state’s attorney general and commissioner for Justice, Moyosore Onibanjo said this during a TV show
- PoS operators, however, denied engaging in naira racketeering and warmed its members to desist from such activities
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Lagos State Attorney General and Commissioner for Justice, Moyosore Onibanjo, has decried the activities of Point of Sale Operators who are causing hardship for Nigerians.
He warned that Lagos state would sanction transporters, PoS agents, and petrol station managers who reject old naira notes across the state.
Source: Getty Images
Lagos AGF sounds warning to PoS agents
He criticised the Nigerian government by saying hungry people do not care about the macroeconomic policy or its short or long-term gains.
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The Punch reports that the Lagos chief law officer advised Lagos residents affected by the current cash crisis to seek redress in a court of law.
Moyosore spoke on TVC's Business Morning programme in Lagos.
Meanwhile, the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) has denied that its members are involved in buying and selling naira notes.
PoS agents warn members against selling and buying naira
A Vanguard report states that AMMBAN warned its members to cease such activities capable of putting them into trouble with the government.
Abiodun David, Chairman of AMMBAN in Lagos, stated this yesterday via the group’s public relations officer, Stephen Adeoye.
The group said:
”This is to notify the general public that AMMBAN disassociates itself from PoS operators “buying and selling” the Naira.
“We are also warning members to please desist from any act that may land them in trouble and disgrace. In conjunction with EFCC and DSS, CBN officials are out to fish out culprits.
“Anyone caught will be disowned by AMMBAN and will be left to face the penalty. AMMBAN, as an association, frowns at buying or selling the Naira.”
PoS Operator, 5 petrol station managers arrested in Kano
Legit.ng reported that about five petrol station managers allegedly selling petrol above government-regulated price have been arrested by Kano State Public Complaints and Anti-Corruption Commission.
The acting chairman of the Commission, Balarabe Mahmoud, stated this at a press briefing on Wednesday, February 15, 2023
Mahmoud said that the Commission got complaints from members of the public regarding the issue of new naira notes.
Source: Legit.ng
