The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) announced on Thursday that it would sanction fuel stations that did not accept bank transfers or POS machines at their outlets, gistpeople reports.
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Kimchi Apollo, NMDPRA’s General Manager, Corporate Communications and Stakeholders Management, stated this in an Abuja statement.
According to Apollo, the retail outlets’ actions were motivated by the recent cash crunch caused by the new Naira design.
“It has come to the attention of the NMDPRA that some retail outlets are not accepting the use of POS machines at their fuelling stations due to the recent cash crunch caused by the new Naira design,” according to the statement.
“The authority is dissatisfied with this recent behavior, 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.”
To alleviate customer suffering, Apollo instructed all retail outlets to ensure the free use of bank transfer and POS for the sale of petroleum products.
The General Manager stated that the authority and security agencies would be present at retail outlets to enforce compliance with the instruction, and that those who did not comply would be sanctioned.
