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Fri, Mar

Cashless Policy: FG Deploys Security To Filling Stations To Enforce POS Use

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The Federal Government, on Thursday, commenced the deployment of security agencies to filling stations across the country to enforce the use of Point of Sale (POS) machines and the acceptance of bank transfers at the various outlets. This was made known on Thursday in a statement issued by General Manager, Corporate Communications and Stakeholders Management, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Kimchi Apollo, in Abuja, directing all retail outlets to ensure the free use of POS and bank transfer for the sale of petroleum products to alleviate the suffering of customers at this critical time.


NMDPRA in a statement said that the move became necessary following reports that some filling stations were rejecting POS machines and bank transfers from customers despite the severe cash crunch currently nationwide.

“It has come to the attention of the NMDPRA that some retail outlets are not accepting the use of Point of Sale machines at their filling stations due to the recent cash crunch brought about by the new naira design. “The authority frowns at this recent behaviour which is causing untold hardship for Nigerians at a time when all hands should be on deck to assist the government in the transition to the new naira.

“All retail outlets are directed to ensure the free use of POS and bank transfer for the sale of petroleum products to alleviate the suffering of customers at this critical time.”

“The authority and security agencies will be at retail outlets to ensure compliance with this directive, and any filling station violating this directive will be duly sanctioned. “We assure the general public of our commitment to ensuring good quality service in the sale and distribution of petroleum products nationwide.”

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