Report persons, PoS agents selling new naira, over-charging customers – CBN

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The Central Bank of Nigeria (CBN) has released emergency telephone numbers to the public to officially report erring Point of Sales (POS) agents selling new naira notes and that selling charging exorbitantly for withdrawal.

The Director of, the 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 center 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.

READ ALSO:CBN directs banks to pay new naira notes over the counter

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.”

Meanwhile, the Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele on Tuesday told the Diplomatic Corps that an extension of the February 10 deadline for the circulation of the redesigned N200, N500, and N1,000 notes was unnecessary.

He blamed the scarcity of the new notes on the activities of some unscrupulous bankers and members of the society, who were trying to sabotage the policy, warning that such people would be sanctioned along with Point of Sales, POS, and operators imposing heavy charges on customers.

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