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Nairaland Forum / Nairaland / General / Business / Pos: Fuel Stations To Charge N50 On Product Sales From Dec 1 (25028 Views)
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Pos: Fuel Stations To Charge N50 On Product Sales From Dec 1 by jarawa: 6:37am On Nov 26, 2019 |
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has announced that beginning from December 1, 2019, a fee of N50 will be charged on all Point of Sale (PoS) transactions from N1,000 at petrol stations. IPMAN, which members own 19,000 out of the 25,000 registered filling stations said this in an advertorial published on Monday, saying it was based on a directive of “the Central Bank of Nigeria (CBN) dated 17th September, 2019, to all commercial banks that charges of taxes and duties be imposed on all electronic transactions. “In view of the foregoing, the general public should please note that this additional charge shall be deducted at source by the commercial banks in compliance with the directive above. Therefore, IPMAN is in no way beneficiary to it,” IPMAN noted. However, President of IPMAN, Chinedu Okoronkwo told Daily Trust that he did not sign the notice and was unaware of it. Loading.. Copy video url Play / Pause Mute / Unmute Report a problem Language Mox Player “It is not true. (The public notice has) no address and was not signed,” and added that the notice could be the work of fraudsters and did not emanate from IPMAN. Daily Trust reports that CBN in September, 2019 directed banks to charge N50 Stamp Duty on individual transactions that occur on PoS. Read more: https://www.dailytrust.com.ng/pos-fuel-stations-to-charge-n50-on-product-sales-from-dec-1.html
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Re: Pos: Fuel Stations To Charge N50 On Product Sales From Dec 1 by Nobody: 6:53am On Nov 26, 2019 |
Hehehe, wetin dem no go tax 34 Likes 3 Shares
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Re: Pos: Fuel Stations To Charge N50 On Product Sales From Dec 1 by edoairways: 7:14am On Nov 26, 2019 |
Then I pay cash instead of POS. CBN coming up with useless policy that can be circumvented 123 Likes 8 Shares |
Re: Pos: Fuel Stations To Charge N50 On Product Sales From Dec 1 by edo3(m): 7:40am On Nov 26, 2019 |
Anybody experiencing bet9ja network failure? because i wan injure dem 2day o. As for d fuel,, no amount of talk can change anything because ds people ruling us know say Nigerians are cowards..Do anything to us,, one week too far everything dies down. Abeg who go help me beg UBA?? Yesterday dem just remove like 500naira for my account.. The money i wan use drink beer to help my BP so that I no go just die like that.. 109 Likes 6 Shares |
Re: Pos: Fuel Stations To Charge N50 On Product Sales From Dec 1 by Mycartoonpic(m): 7:41am On Nov 26, 2019 |
P. O. S and charges.. |
Re: Pos: Fuel Stations To Charge N50 On Product Sales From Dec 1 by nauto: 7:41am On Nov 26, 2019 |
Back to cash payment. In Physics, Nigeria is a scalar quantity We have magnitude but No direction. 116 Likes 8 Shares |
Re: Pos: Fuel Stations To Charge N50 On Product Sales From Dec 1 by chibu4u2(m): 7:41am On Nov 26, 2019 |
CBN and their policies.........well this is Nigeria where those at the helm of affairs dont really care about the masses. 11 Likes 3 Shares |
Re: Pos: Fuel Stations To Charge N50 On Product Sales From Dec 1 by legalwealth(m): 7:41am On Nov 26, 2019 |
They have been charging it 55 Likes 5 Shares |
Re: Pos: Fuel Stations To Charge N50 On Product Sales From Dec 1 by benisaac67(m): 7:41am On Nov 26, 2019 |
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Re: Pos: Fuel Stations To Charge N50 On Product Sales From Dec 1 by SlimBrawnie(f): 7:41am On Nov 26, 2019 |
They've already started charging me since on Saturday. Is this how they want to encourage the whole cashless society thing? The charges are becoming something else and soon a lot of people may just have to move around with cash to make transactions. 39 Likes 3 Shares |
Re: Pos: Fuel Stations To Charge N50 On Product Sales From Dec 1 by AntiWailer: 7:41am On Nov 26, 2019 |
They av started since. All the fuel I bought in the past 3weeks had 50 naira charge 43 Likes 4 Shares |
Re: Pos: Fuel Stations To Charge N50 On Product Sales From Dec 1 by Nathdoug201: 7:42am On Nov 26, 2019 |
Them wan finish us with charges for this failed country 13 Likes 1 Share |
Re: Pos: Fuel Stations To Charge N50 On Product Sales From Dec 1 by QuickStandard: 7:42am On Nov 26, 2019 |
Mehn, 9ja don cast. Very soon we might be paying for God's given free air in this country. Next level everything. Who will save us from this tyranny?? 16 Likes 2 Shares |
Re: Pos: Fuel Stations To Charge N50 On Product Sales From Dec 1 by thesicilian: 7:42am On Nov 26, 2019 |
We don't care again. They should charge whatever they want, we'll just make more money and get out of this hellhole as soon as we can. 16 Likes 2 Shares |
Re: Pos: Fuel Stations To Charge N50 On Product Sales From Dec 1 by NuraSambo: 7:42am On Nov 26, 2019 |
I am beginning to think that all these anti-people policy this government is implementing are deliberate moves to frustrate and impoverish Nigerians 24 Likes 3 Shares |
Re: Pos: Fuel Stations To Charge N50 On Product Sales From Dec 1 by omocalabar(m): 7:42am On Nov 26, 2019 |
Chai baba 4+4+4 4 Likes |
Re: Pos: Fuel Stations To Charge N50 On Product Sales From Dec 1 by Sunijacks(m): 7:42am On Nov 26, 2019 |
They've started it already the stickers are everywhere. I'll prefer buying with cash 9 Likes 1 Share |
Re: Pos: Fuel Stations To Charge N50 On Product Sales From Dec 1 by Switruth: 7:42am On Nov 26, 2019 |
The next level is real. Operation pay your own subsidy. 7 Likes |
Re: Pos: Fuel Stations To Charge N50 On Product Sales From Dec 1 by davillian(m): 7:42am On Nov 26, 2019 |
More tax coming Nigerians will complain and still pay it. 7 Likes 1 Share |
Re: Pos: Fuel Stations To Charge N50 On Product Sales From Dec 1 by ednut1(m): 7:42am On Nov 26, 2019 |
What has govt done with the stamp duties ![]() 3 Likes 1 Share |
Re: Pos: Fuel Stations To Charge N50 On Product Sales From Dec 1 by Korllami007: 7:42am On Nov 26, 2019 |
Nigeria is the headquarter of poverty in the world but still, the government want to tax the citizens to death and increase the number of poor people in the country. 13 Likes 3 Shares |
Re: Pos: Fuel Stations To Charge N50 On Product Sales From Dec 1 by samyyoung1(m): 7:42am On Nov 26, 2019 |
Since when |
Re: Pos: Fuel Stations To Charge N50 On Product Sales From Dec 1 by adesegun121(m): 7:42am On Nov 26, 2019 |
Ok |
Re: Pos: Fuel Stations To Charge N50 On Product Sales From Dec 1 by okomile(f): 7:43am On Nov 26, 2019 |
Will go to filling station with cash! Lobatan Soon, govt will tax the air we breathe in. Zoogeria 3 Likes 1 Share |
Re: Pos: Fuel Stations To Charge N50 On Product Sales From Dec 1 by SOFTENGR: 7:43am On Nov 26, 2019 |
I use NNPC E no concern me |
Re: Pos: Fuel Stations To Charge N50 On Product Sales From Dec 1 by tuoyoojo(m): 7:43am On Nov 26, 2019 |
The cashless policy was meant to get people to start paying tax. Trust Nigerians, they would circumvent this and start using cash because this tax is getting too much 5 Likes 2 Shares |
Re: Pos: Fuel Stations To Charge N50 On Product Sales From Dec 1 by maxzzo1(m): 7:43am On Nov 26, 2019 |
They have already started charging since last month 4 Likes |
Re: Pos: Fuel Stations To Charge N50 On Product Sales From Dec 1 by NOETHNICITY(m): 7:43am On Nov 26, 2019 |
Nobody is eating my 50 bucks for nothing I've since stopped using any pos for transactions 6 Likes 2 Shares |
Re: Pos: Fuel Stations To Charge N50 On Product Sales From Dec 1 by bigstan11787(m): 7:43am On Nov 26, 2019 |
Its always about how they can take from the masses and never how to add to the masses 2 Likes 1 Share |
Re: Pos: Fuel Stations To Charge N50 On Product Sales From Dec 1 by Slymonster(m): 7:44am On Nov 26, 2019 |
Something they have been charging right from the day CBN brought it up.. funny country indeed 4 Likes 2 Shares |
Re: Pos: Fuel Stations To Charge N50 On Product Sales From Dec 1 by Young03(m): 7:44am On Nov 26, 2019 |
K-ultra don already past am for their office sef 1 Like |
Re: Pos: Fuel Stations To Charge N50 On Product Sales From Dec 1 by AsomArchitectNG(m): 7:44am On Nov 26, 2019 |
Nigeria is turning into something else 4 Likes |
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