The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it will sanction fuel stations that reject the use of Point of Sale (POS) machines or bank transfers at their outlets. This is contained in a statement by Kimchi Apollo, General Manager, Corporate Communications and Stakeholders Management, NMDPRA, on Thursday in Abuja. The statement frowned at the act by the retail outlets due to the recent cash crunch brought about by the new Naira design. “It has come to the attention of the NMDPRA that some retail outlets are not accepting…
Read MoreNaira Swap: Oil regulatory authority to sanction Filling Stations rejecting POS, transfer
