PlayMaker14:
I support the CBN on this one.... They should not just withdraw their license, but also throw some of them into prison and use them as a scapegoat.

Country Bad, Country Bad, but you still dey press your fellow citizen for neck, looking for ways to extort each other.

If you check those POS agents giving this ridiculous charges, they always look unkempt, lack courtsey and look stupid.

Anybody way support this , should be arrested and fined 💯

High time

PlayMaker14:
We really ate our problem my brother.

CBN trying to scapegoat POS operators having failed woefully.

Any scarce commodity/item etc attracts a premium. The simple economic principle of demand and supply

The high charge issue isn't solely on POS operators, the issue is from people giving them cash whether from banks or individuals they now sale the cash to them at 10/15% charge, and as a business person their sole earn is to make profit making the charge 15/20% charge to the customers

Helpfromabove1:
Were they given license in the first place


So if you did not give it what do U want to withdraw

Anybody can get pos for his or her business and they pos can also be use for pos business

Yes, they were given licences.

Every single umbrella or stand you see with a POS sign is registered to a super agent who operates with a licence from the banking institution. All the CBN has to do is withdraw PayCom's operational licence and every POS stand with an Opay machine is going to cease operations. That's how it works.

You don't just wake up and randomly acquire a Pos machine and umbrella and you feel that's all the requirement for the business.

Yu no dey reason

emmanuelbrown26:
CBN has told d masses to bear with them
Bubu has told d masses that d fight is not against d masses, rather d corrupt politicians, terrorism and banditry.
Politicians are telling d masses that d fight is against d masses.
For d very first time politicians are fighting and d masses felt d fight is for them. Our mumu never do?
Of recent, u hardly hear about kidnapping
Of recent, no more massive crowd in rallies
Of recent, d rate of begging has reduced
Of recent, d rate of Owo mi da has reduced
Of recent, no more "Oga anything for boys"
Does it mean that we hv too many idiots that can't reason objectively in dis kantri?

POS have license?

Spirit04:
Always doing the wrong things
POS people are buying money, what did you expect them to do?
Over 20 POS kiosks in my street have all closed shops because they can't access cash

It’s either the POS people are lying about the bankers charging them lots of money or CBN are just manipulating the situation

How CBN would just decide to create chaos for no reason...now forming like they are solving problems.....wetin do the old naira before?

Well na Buhari wey give Emefiele power to oppress citizens with the most senseless policy ever

Moh247:
CBN and gragra

Anything to make life easier, I support it..

Don't deflect anything to CBN. The hardship in the country is APC's doing. APC and APC alone.

Who ho arrest CBN ? No be dem plung us into this disaster..
Arrest Emefiele first

PlayMaker14:
I support the CBN on this one.... They should not just withdraw their license, but also throw some of them into prison and use them as a scapegoat.

Country Bad, Country Bad, but you still dey press your fellow citizen for neck, looking for ways to extort each other.

If you check those POS agents giving this ridiculous charges, they always look unkempt, lack courtsey and look stupid.

Do u know how they suffer to get the cash to give u?
Y not go to bank ATM and withdraw

Rexnegro:
It's well for those who charges extremely high see what they have caused us that don't

They won't ban POS bro

CBN should face commercial banks and not POS agents, do POS agents even have license? If CBN claimed they have distributed money to commercial banks and commercial banks could not give account of these money from CBN, then there is a problem. We have heard stories of some bank managers hoarding the new naira notes, why can't CBN withdraw the license of any commercial bank involved to serve as a deterrent to others.

SouthSouth1914:
Laughable, how can they coordinate this fisherman style policy? Do they even have an idea how many POS agents only in Abuja, not to talk of the 36 states!

Make money available Dunce CBN stooge!

.

Only in Nigeria you'll find an actual dunce calling a more enlightened person a dunce.

This donkey does not even know that it won't take up to 48hours for the detailed records of all POS stands in Nigeria to be on Emefiele's office table.

Sometimes it's best to shut your mouth if you're not very informed on a particular issue. You mustn't always have an opinion.

dedonfranco:
I have never seen CBN so useless like this before in my life.

How many POS operators have licence?

If they all have a licence will they be so many?

What's at play is simply the was of demand and supply?
There is scarcity of Naira notes, certainly, the price will also increase.

CBN should sanction those officials of CBN that formulated this draconian policy

Gospel2Day:
One PoS agent told me that he bought 500k with 30k.
CBN should not expect such agent to charge the usual charges from those patronizing him.
CBN should own their fault and stop passing the blame to others.
However, I do not mean to assert that some greedy PoS agents are not taking undue and unpatriotic advantage of the current cash crunch.

but if he charge 300# per 1k as den dey do, hin go make 150k... Is that not too much?

PlayMaker14:
I support the CBN on this one.... They should not just withdraw their license, but also throw some of them into prison and use them as a scapegoat.

Country Bad, Country Bad, but you still dey press your fellow citizen for neck, looking for ways to extort each other.

If you check those POS agents giving this ridiculous charges, they always look unkempt, lack courtsey and look stupid.

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How many POS are paying out in Villages and rural communities? POS that bought money from Baba Ijebu operators and online game operators or those people that bought money from Park Managers and those that spent hours and money to buy from Banks are now to be used as scape goats? Story Story Story teller. Story Story Story Teller Story Story Story teller. Story Story Story Teller Story Story Story teller. Story Story Story Teller Story Story Story teller. Story Story Story Teller Story Story Story teller. Story Story Story Teller Story Story Story teller. Story Story Story Teller Story Story Story teller. Story Story Story Teller Story Story Story teller. Story Story Story Teller

No single Emefiele's policy or directive has been successful, not 1.

Anchor borrowers
Ban on crypto
Currency change
Cashless policy

All have failed.

PlayMaker14:
I support the CBN on this one.... They should not just withdraw their license, but also throw some of them into prison and use them as a scapegoat.

Country Bad, Country Bad, but you still dey press your fellow citizen for neck, looking for ways to extort each other.

If you check those POS agents giving this ridiculous charges, they always look unkempt, lack courtsey and look stupid.

Who's this one crying over the punishment the cbn impose on all of us.have you ever deem it fit to ask where the pos people get the money they are giving out to customers, abi them force you collect money from their shop.this people are rendering services to humanity to ease stress caused by this unfortunate government.so you and I have a choice either to go and queue in the bank for 24hr or otherwise.

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When most of them have backing from Oga at the top. This one na back of the ear doesn’t penetrate

[quote author=Nostring post=120731732] but if he charge 300# per 1k as den dey do, hin go make 150k... Is that not too much?

Read again my comment, starting from "However..."
Thank you.

Very useless govt

visijo:
So before them get license? Wow

For wia. Na just normal Naija man Tok.

Nice one it's a welcome development

dedonfranco:
I have never seen CBN so useless like this before in my life.

Omo ehh

PlayMaker14:
I support the CBN on this one.... They should not just withdraw their license, but also throw some of them into prison and use them as a scapegoat.

Country Bad, Country Bad, but you still dey press your fellow citizen for neck, looking for ways to extort each other.

If you check those POS agents giving this ridiculous charges, they always look unkempt, lack courtsey and look stupid.

They will...why haven't they all.this while?

CBN under Emefiele has failed woefully

[quote author=Gospel2Day post=120731780][/quote] of cause I saw your however, but however sir which of Dem dey take nothing less than 300# per 1k

PlayMaker14:
I support the CBN on this one.... They should not just withdraw their license, but also throw some of them into prison and use them as a scapegoat.

Country Bad, Country Bad, but you still dey press your fellow citizen for neck, looking for ways to extort each other.

If you check those POS agents giving this ridiculous charges, they always look unkempt, lack courtsey and look stupid.

Lack of simple calculations is disturbing you
You are blaming them but u don't blame the ones that made the cash difficult for them to access. Can you stand under the sun for hours or days and charge 100 naira for something that's very scarce? Have u found urself in a situation where to even see the money is a problem even with the high charge and u needed money desperately? If you can't queue for hours or days with fight just to charge 100 naira why do u think someone should do it for you? Are you not selfish and inconsiderate? Will you blame them? Are you just acting on emotions or you've analysed the issue before typing this

It is long overdue