FG Has Directed Oil Marketers To Accept The Use Of P.O.S And bank Transfers As Means Of Payment | Duduspree FM RadioFG Has Directed Oil Marketers To Accept The Use Of P.O.S And Bank Transfers As Means Of Payment
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The Federal Government has directed oil marketers to accept the use of Point of Sale machines and bank transfers as means of payment at various fuel outlets.

By Cypher Ilerioluwa
Duduspree News, Texas

To enforce this, the federal government on Thursday commenced the deployment of security agencies to filling stations across the country.

It said the move became vital following reports that some filling stations were rejecting POS machines and bank transfers from customers despite the severe cash crunch currently nationwide.


The government disclosed this through its Nigerian Midstream and Downstream Petroleum Regulatory Authority, in a statement issued in Abuja by the agency’s General Manager, Corporate Communications and Stakeholders Management, Kimchi Apollo.

The statement read in part, “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 statement said.

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Cypher Ilerioluwa is a skilled and experienced professional in social media management, blogging, content creation, animation and web design.

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