• About
  • Contact Us
Tuesday, March 21, 2023
The Gist Day
No Result
View All Result
  • Login
  • News
    • All
    • National
    Meet Aisha Yesufu, The Activist At The Forefront Of The #ENDSARS Movement

    Aisha Yesufu drags Bashir El-Rufai after he called her a “demented goat”

    EFCC Seeks To Set Aside Committal Order Against Chairman

    EFCC arrests 65 suspects over alleged voter inducement

    We are ready to meet Obi, Labour Party in court, says APC

    Lagos APC urges LP’s Rhodes-Vivour to embrace peace, sportsmanship

    2023 polls: most credible, transparent – Lai Mohammed

    2023 polls: most credible, transparent – Lai Mohammed

    Pandemonium as thugs scatter ballot boxes in Lagos

    Pandemonium as thugs scatter ballot boxes in Lagos

    Nigeria Army Holds Range Classification Exercise In Imo

    Video of Ado Doguwa firing AK-47 was in Falgore forest – DHQ

    Trending Tags

    • Commentary
    • Featured
    • Event
    • Editorial
  • Business
  • National
  • Politics
  • Opinion
  • Tech
  • Gist & Jabs
  • Lifestyle
  • Entertainment
  • Health
  • Travel
  • News
    • All
    • National
    Meet Aisha Yesufu, The Activist At The Forefront Of The #ENDSARS Movement

    Aisha Yesufu drags Bashir El-Rufai after he called her a “demented goat”

    EFCC Seeks To Set Aside Committal Order Against Chairman

    EFCC arrests 65 suspects over alleged voter inducement

    We are ready to meet Obi, Labour Party in court, says APC

    Lagos APC urges LP’s Rhodes-Vivour to embrace peace, sportsmanship

    2023 polls: most credible, transparent – Lai Mohammed

    2023 polls: most credible, transparent – Lai Mohammed

    Pandemonium as thugs scatter ballot boxes in Lagos

    Pandemonium as thugs scatter ballot boxes in Lagos

    Nigeria Army Holds Range Classification Exercise In Imo

    Video of Ado Doguwa firing AK-47 was in Falgore forest – DHQ

    Trending Tags

    • Commentary
    • Featured
    • Event
    • Editorial
  • Business
  • National
  • Politics
  • Opinion
  • Tech
  • Gist & Jabs
  • Lifestyle
  • Entertainment
  • Health
  • Travel
No Result
View All Result
Morning News
No Result
View All Result
Home News National

FG To Sanctions Fuel Marketers Rejecting PoS, Transfers

Boluwatife Oshadiya by Boluwatife Oshadiya
February 10, 2023
in National
0
Fuel Subsidy Surpasses Health, Education, Other Budgets
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

In order to enforce the usage of Point of Sale devices and the acceptance of bank transfers at the various outlets, the Federal Government started deploying security agents to gas stations around the nation on Thursday.

It pledged to deal with gasoline marketers who refuse consumer bank transfers or PoS machines, stating that the action was necessary in light of reports that some gas stations were responsible for this development despite the severe cash constraint that the country was experiencing.

READ ALSO

Aisha Yesufu drags Bashir El-Rufai after he called her a “demented goat”

Lagos guber: Jandor’s campaign DG dumps him hours to election

The cash shortage has, however, hampered the oil marketers’ business in a variety of ways, preventing them from being able to resupply in some cases, they said our correspondent.

The government’s directive to marketers came through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, in a statement issued in Abuja by the agency’s General Manager, Corporate Communications and Stakeholders Management, Kimchi Apollo.

The statement read in part, “It has come to the attention of the NMDPRA that some retail outlets are not accepting the use of Point of Sale machines at their filling stations due to the recent cash crunch brought about by the new naira design.

“The authority frowns at this recent behaviour 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.

“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 NMDPRA said it would work with law enforcement agencies to enforce the use of POS machines and acceptance of cash transfers at retail outlets, stressing that oil marketers who flout the directive would be dealt with.

“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,” it stated.

But the Secretary, Independent Petroleum Marketers Association of Nigeria, Abuja-Suleja, Mohammed Shuaibu, told our correspondent that cash crunch was also affecting marketers.

“This naira scarcity could also be a factor contributing to the queues in many filling stations. If there was enough naira, the service to customers in retail outlets would be faster, but people hardly get money to go to the market, not to talk of filling stations,” he stated.

He added, “And it is important to state that the cash crunch is affecting both the oil marketer and the customers of our products. There is no cash, you can’t travel to perfect some transactions, even the Internet services are not functioning as expected. You encounter difficulties when trying to make transfers.”

Debo Ahmed, the National President of IPMAN, had stated on Wednesday that efforts were being made to reduce line-ups around the nation.

Following a meeting between the National Executive Council of the organization and the Managing Director of NNPC Retail Limited on February 7, 2023, the national oil company pledged to put aside 140 million liters of PMS for independent marketers, according to a note he sent to IPMAN members.

 

Tags: FUEL MARKETERSPOS Operators

Related Posts

Meet Aisha Yesufu, The Activist At The Forefront Of The #ENDSARS Movement
National

Aisha Yesufu drags Bashir El-Rufai after he called her a “demented goat”

March 20, 2023
Lagos guber: Jandor’s campaign DG dumps him hours to election
National

Lagos guber: Jandor’s campaign DG dumps him hours to election

March 17, 2023
MC Oluomo warns non-APC voters in Lagos to stay home on election day
National

‘Call your th*gs to order’ Ify Rhodes-Vivour calls out Governor Sanwo-Olu over MC Oluomo’s speech

March 17, 2023
MC Oluomo warns non-APC voters in Lagos to stay home on election day
National

MC Oluomo warns non-APC voters in Lagos to stay home on election day

March 17, 2023
Your Future Is Bright But Sanwo-Olu Will Win – Oba Of Lagos Tells LP Candidate, GRV During Visit
National

Your Future Is Bright But Sanwo-Olu Will Win – Oba Of Lagos Tells LP Candidate, GRV During Visit

March 17, 2023
I take Sanwo-Olu’s silence to mean he approves the violence — GRV reacts to attack on LP HOA candidate Olumide Oworu and his team
National

I take Sanwo-Olu’s silence to mean he approves the violence — GRV reacts to attack on LP HOA candidate Olumide Oworu and his team

March 17, 2023

glo
app




app
GTBank ADs GTBank ADs GTBank ADs

LATEST NEWS

Dollar To Naira Black Market Exchange Rate Today 23rd December 2022

Dollar To Naira Black Market Exchange Rate Today 21st March 2023

March 21, 2023
I Will D!e Soon, My Time Is Near — Prophet Odumeje

I Will D!e Soon, My Time Is Near — Prophet Odumeje

March 21, 2023
BBNaija’s Liquorose breaks the internet with beautiful photos days before her birthday

BBNaija’s Liquorose breaks the internet with beautiful photos days before her birthday

March 21, 2023
Korra Obidi speaks for the first time following divorce announcement (video)

Trouble looms for Korra Obidi as she mistakenly captures her daughter on IG live despite court ban (Video)

March 21, 2023
The Seven Seals IV - By Pastor E.A Adeboye

The Seven Seals IV – By Pastor E.A Adeboye

May 22, 2022

EDITOR'S PICK

Court Orders Forfeiture Of Property Linked To Son Of Former NSA, Sambo Dasuki

Court Orders Forfeiture Of Property Linked To Son Of Former NSA, Sambo Dasuki

June 22, 2022
Emefiele NNPC

Leave Emefiele Out Of Politics, Economists Warn Propagandists

February 10, 2022
Twitter Hack Suspect Arrest Graham Clark

Police Arrest Suspected Master Of Largest Twitter Hack In History

August 1, 2020
Fans Gift Dorathy Brand New Mercedes Benz On Her 25th Birthday

Dorathy Slams Troll Who Reminded Her That She Didn’t Win The BBNaija Reality Show

February 13, 2021

About

We bring you the stories that perfect for news, finance, politics etc. Check our landing page for details.

Follow us

Categories

  • A Call to Prayer
  • Agriculture
  • Appointments
  • Business
  • Celebrities
  • Coronavirus
  • Corporate Amazon
  • Economy
  • Education
  • Entertainment
  • Environment
  • Fashion
  • Financial Literacy
  • From the Kaaba
  • From the Pulpit
  • Gist & Jabs
  • Health
  • Jobmart
  • Lifestyle
  • Living
  • Metro Gist
  • National
  • News
  • Op-Ed
  • Opinion
  • Politics
  • Press Release
  • Religion
  • Sport
  • State News
  • Tech
  • Tourism
  • Travel
  • Uncategorized
  • World News

Recent Posts

  • I Will D!e Soon, My Time Is Near — Prophet Odumeje
  • GTCO Food & Drink Festival 2023… A Celebration of Food!
  • “Election Budget Should Have Been Used To Fix Hospitals, Schools” – Singer Simi
  • BBNaija’s Liquorose breaks the internet with beautiful photos days before her birthday
  • Disclaimer
  • Google Adsense
  • Home 2
  • Ikoyi building collapse: Corper who redeployed from Borno to Lagos, confirmed dead
  • Leaked Conversation: There Will Know Peace Until Hope Uzodimma Leaves Government House – Emeka Ihedioha
  • MAN Condemns Invasion Of Dangote Cement Plant By Kogi State Govt
  • Privacy Policy
  • Sample Page
  • TheGistDay
  • Whitemoney And New Lady Spotted Stepping Out Of Hotel Together (Video)

© 2022 TheGistDay.

No Result
View All Result
  • News
  • Business
  • National
  • Politics
  • Opinion
  • Tech
  • Gist & Jabs
  • Lifestyle
  • Entertainment
  • Health
  • Travel

© 2022 TheGistDay.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In