Some residents of the Federal Capital Territory (FCT) have decried the scarcity of the new naira notes and high charges by POS operators in the territory.
The News Agency of Nigeria, NAN reports that residents in Gwagwalada, Kuje and Abaji Area Councils said customers paid more than 10 per cent on every withdrawal.
A building engineer in Gwagwalada, Abraham Gado, who expressed unhappiness with the development, said that the exploitation strategy adopted by POS operators was not in the interest of the masses. Mr Emmanuel Nonso, a trader in the Abaji market, said POS operators were charging N1,000 for every N10,000 transaction.
A resident of Kuje Area Council, Mrs Eunice Madaki, said the new notes were not in circulation in the area, adding that the queues at ATM points were worrisome.
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