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From Uche Usim, (Abuja) and Adewale Sanyaolu
Recalcitrant oil marketers who refuse to accept payments through Point of Sales (POS) and mobile transfers from motorists have been warned to desist from such practices capable of derailing the cashless policy objectives.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) which gave the warning in a statement, warned that on no account should petrol retailers insist on cash payments as they are leveraging the cash crunch to prey on consumers.
The Authority, while frowning at the ugly development said it was causing untold hardship for Nigerians at a time when all hands oughtto be on deck to assist the Federal Government transition into to the new Naira.
“All retail outlets are directed to ensure the free use of PoS and bank transfers for 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 found violating this directive will be duly sanctioned”.
Many filling stations in Abuja have refused to accept electronic payments but insist on cash which they sell to POS operators at exorbitant prices.
