According to the Daily Trust, POS operators in the state charge between N1000, N1500, and N2000 for every N5000 and N10,000 a consumer withdraws, and N300 for every N1000.
Director, CBN Risk Management department, Blaise Ijebor, disclosed this yesterday while speaking with journalists on efforts of the apex bank and state government on ensuring the availability of cash in circulation.
According to him, the approved charge for every N5,000 is N100 and anything done contrary to the approved charges by the agents due to the current cash crisis is tantamount to punishing their fellow citizens.