By Adekunle Sulaimon


The Central Bank of Nigeria has released emergency telephone numbers where Nigerians could report Point of Sales agents selling new naira notes or charging above N200 for withdrawal of amounts up to N10,000.

The Director, CBN Governor’s Department, Mr Joseph Omayuku, made this known during a briefing with journalists in Yenagoa, Bayelsa State capital on Tuesday.

While warning syndicates engaging in illegal practices to desist forthwith, Omayuku advised members of the public to report erring PoS agents by reaching out to the CBN contact centre on 07002255226; Telephone Ext: 711025 – 7; contactcbn@cbn.gov.ng and its social media handles.

The scarcity of the new naira notes has been biting Nigerians so hard, with many rejecting the old notes as legal tender, while some state governors have resolved to sue the Federal Government for the challenges experienced in their respective states.

Despite the hardship with the redesign policy, there are still complaints of hitches in online payment platforms of banks leading to failed transactions.

Observers said the hitches occur because digital platforms are not strong enough to accommodate the surge of electronic transactions in recent times as people resort to online payments in response to the scarcity of cash.

Those who reject online payments cite challenges associated with it as reasons.

The CBN official, however, countered the analogy, saying it is “not as bad as to warrant rejection of transfer payments.”

https://punchng.com/how-to-report-pos-operators-charging-above-n200-cbn/?amp

Previous thread:
CBN To Withdraw POS Operators License Over High Charges

Nlfpmod

Coming from the same CBN that disobeyed the supreme court order

They go through alot of stress to acquire these notes and pay very high for them, ATMS dispensing N20,000 and you expect them to charge you N50 after all the stress they have to go through to acquire this cash? The CBN and the people supporting this policy must be really dumb.

crazy country

God1000:
Coming from the same CBN that disobeyed the supreme court order

It's never been this bad. There's no justifying this. Some almost 90% of Nigerians don't have a car or a motorcycle and they have to board tricycles, buses everyday to- and- fro their places of work, school. How do you start paying N70 naira or N100 naira to okada to take you to your desired location? When you point this out some people without a brain wil tell you to do transfer. Transfer 50 naira to okada

The CBN leadership no get sense at all

On what ground will the POS agents be charge to court?

So a Business Man should run his business at a loss because of what?

Nah so this Mugu went after Aboki FX blaiming them for the Naira woeful performance

He also said closing the Boarders will make security in Nigeria improve

In all this, nah that Finance Minister I no dey understand

You will hardly hear anything from the Minister Of Finance, I doubt she is really in charge of anything.

How can people in the villages report?They exploit people there mostly.

burp18:
They go through alot of stress to acquire these notes and pay very high for them, ATMS dispensing N20,000 and you expect them to charge you N50 after all the stress they have to go through to acquire this cash? The CBN and the people supporting this policy must be really dumb.

I know a pos operator who bought the new #100k notes from a bank.

So you actually believe the CBN has the time to be chasing POS operators around?

Better stop deceiving yourself, if you;re not ready to pay the charges of the POS operators then be ready to wake up at 4am to go and queue up at the ATM of a bank you're sure will dispense cash

From the feedback i got recently, filling stations started rejecting old money, but they stationed pos operators to pay on their behalf if you dont have atm, then you give the pos the cash. And then, the filling stations attendants or management take commissions and then later if you need cash, you go pos and pay high rates and the circle continues.
Nigerians are very cunny and smart at the same time but with stupid leadership. Instaef of them to look for way out to ease pains and spoil businesses for the pos guys, they are taking rubbish.
To make many things easy now, they should have inject the 200 naira back to the syatem and pay over the bank counter while withholding 500 and 1000. It will ease the small small urgent cash transactions that are really needed daily.

Candidlady:



crazy country

The future is crazy

Cc Nlfpmod


Let people know how to complain about the exorbitant charges this Pos are reaping off them