The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has threatened to sanction filling stations rejecting bank transfer and use of Point of Sale (POS) machines across the country.
NMDPRA’s directive was contained in a statement issued by its General Manager, Corporate Communications & Stakeholders Management, Kimchi Apollo on Thursday, February 9, 2023.
The regulator said, it was brought to its attention that some retail outlets were not accepting the use of Point of Sale (POS) machines at their filling stations due to the recent cash crunch brought about by the new Naira design.
The Authority said, it frowns at the recent behaviour which was 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.
As a result, it said, “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 Authority and security agencies will be at retail outlets to ensure compliance with this directive and any filling station found violating this directive will be duly sanctioned.
“We reassure the general public of our commitment to ensuring good quality service in the sale and distribution of petroleum products nationwide”, the regulator said.