Central Bank of Nigeria has said it will intervene to resolve issues around the new charges adopted by Point of Sale operators in Nigeria.
Elegbede explained that every state will not adopt Lagos’s rate but will tailor theirs to prevailing peculiarities. “Many of the states are having meetings with stakeholders as we speak. Many of our members are in communities where there are stakeholders. Many of them are having engagements with these stakeholders. They are setting up committees to ensure that it is something that is well adopted and accepted by all.
He added, “Some other states have kicked off with the new rates. Lagos is only getting most of the attention because of its economic status. Ogun has set up its price list. Edo has also started theirs and is coming up with its announcement soon. A couple of other states are also on it. We would be getting a couple of announcements state by state soon.
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