Why Federak Government want to use PoS operators to transfer N368 billion to Nigerians in 2023

  • The Nigerian government has stated that it intends to deploy the services of PoS operators for its social intervention scheme
  • The scheme will involve the transfer of $800 million to poor and vulnerable Nigerians
  • Zainab Ahmed, Minister of Finance, Budget and National Planning said the scheme will take off after approval from the National Assembly

The Nigerian government plans to deploy the services of Point of Sale Operators popularly called PoS agents for cash transfers during the National Safety Net Programme Scale Up.

This was disclosed in Abuja by the Minister of Finance, Budget and National Planning, Zainab Ahmed while hosting the Executive Director, Angola, Nigeria, South Africa Constituency of the World Cup, Ayanda Dlodlo.