Due to the shortage of Naira, a pure water vendor has switched to POS sales.

Due to the shortage of Naira, a pure water vendor has switched to POS sales.

A pure water vendor has gained increasing attention online after switching to a cashless system of sales as the new Naira note shortage continues to hurt many Nigerians.
According to The Site News, the country has been suffering from a lack of the freshly redesigned N1,000, N200, and N500 notes.

A viral photo online captured a young lady hawking a sachet of water in a bowl while holding a Point of Sale machine.

Recall that last week the Central Bank of Nigeria (CBN) reshared a video showing a sugarcane seller positioning a POS machine on his wheelbarrow saying “There are no boundaries to going cashless!”

CBN To Prosecute Sellers, Abusers Of Naira
Meanwhile, the Central Bank of Nigeria (CBN) has vowed to prosecute Nigerians selling, spraying, and abusing the naira.

The Site News reports that the apex bank made this known in a statement issued by its spokesman, Osita Nwanisobi, in Abuja on Thursday.

The CBN warned Nigerians against selling, and abusing the naira, stating that the warning was necessitated by the activities of persons who sell the new notes and those who abuse the currency at social functions.

According to the apex bank, it would begin to prosecute abusers of the naira in collaboration with other regulatory and law enforcement agencies such as the Nigeria Police Force (NPF), Federal Inland Revenue Service (FIRS), the Economic and Financial Crimes Commission (EFCC) and the Nigerian Financial Intelligence Unit (NFIU).

About Izuchukwu E.N

The Site News is online top world valuable news website, We bringing you News in Entertainment, Politics, Sports, Education, Health,Tech & Lifestyle.

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