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 Mr Kimchi Apollo, General Manager, Corporate Communications and Stakeholders Management, NMDPRA, on Thursday in Abuja.
Guardian Newspaper reports that the statement frowned at the act by the retail outlets due to the recent cash crunch brought about by the new Naira design. Apollo therefore directed all retail outlets to ensure the free use of POS and bank transfer for the sale of petroleum products to alleviate the suffering of customers.
He said the authority and security agencies would be at retail outlets to enforce compliance with the directive, warning that defaulters would be sanctioned.
He reiterated the commitment of the Authority towards ensuring quality services in the sale and distribution of petroleum products in the country