The Governor of the Central Bank of Nigeria (CBN) has warned
that Point of Sale (PoS) operators who charge above N200 for the cash swap
programme will be arrested and jailed if caught.
The Director, Governor’s Department, CBN, Joseph Omayuku,
stated this while briefing journalists in Yenagoa, Bayelsa State.
Omayuku said the PoS operators sell naira notes for naira
notes to buyers.
This is amidst the rejection of online payments by some business operators, including petrol stations and supermarkets.
“The operational arrangement for payment agents is that they
take a commission for transactions and this commission is not more than N100 or
N200 for transactions of up to N10,000.
“But we have heard of cases where people are being charged
N1,000 or N2,000.
“This is certainly fraudulent; this is a rogue operation.
“So, the security agencies will be very active this week,
going forward,” Omayuku said.
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