Point of Sales, POS, operators in Jos Plateau state have increased their commission on money withdrawn as the scarcity of new notes worsened in the state.
Although several POS operators have locked their business outlets following the scarcity of new notes, the few ones operating charged higher commissions as they only allowed customers to withdraw a maximum of N5,000.
According to Sarah Simon, a POS operator along the popular Old Airport Junction Road, “I charge N400 Naira on N5,000 withdrawal.”
According to her, she took a loan from traders since banks and ATMs were not ready to dispense money, adding that the amount charged included the money borrowed.
Also, Mallam Aminu, who operates in Dadin Kowa, said customers pay between N200 and N300 on withdrawals between N2000, N3,000, adding that it was due to the long hours he had to endure to get the money.
According to him, the banks are not ready to give out new notes as the scarcity persists.
Meanwhile, customers flooded ATMs across the Jos metropolis, waiting and expecting new currency, just as those who were frustrated looked for POS operators to make urgent withdrawals.