x

Amidst Naira Crunch, NRC Rejects Bank Transfer

Despite the adoption of cashless payment systems across different segments of the country, the Nigerian Railway Corporation has insisted on cash payment for its transactions, especially for fares along its Lagos-Ibadan route.

While other businesses are exploring the Point of Sale and online banking services, it was observed that officials of the NRC were not accepting bank transfers, neither were they using the PoS service.

Also, at the Mobolaji Johnson Station in Lagos, it was discovered that ticket officials were only accepting new naira notes. Also, a visit to the Babatunde Fashola Station showed that the ticketing officials accepted only new notes.

One of the officials said the management does not allow bank transfers nor deploy the use of PoS machines, stating it was against their policy.

A passenger who gave his name as Mr. Ahmed Ogunsanya said he had to pay with the little new notes he had on him with a mixture of N100 notes to gain access to the train, pointing out that ticket officials rejected the old notes.

“I paid with the little new notes I had on me and added N100 notes to it too. The ticket man refused to collect old notes from me. Now I don’t even know if ‘danfo’ will collect it from me.”

Speaking on the development, District Manager for Lagos, NRC, Augustine Arisa, said there was no cash anywhere, saying “everybody is faced with the challenge.”

He confirmed that the NRC was collecting only new notes.

He said, “We are not using PoS. If it is not e-ticketing, you pay cash. Until when we are given the go-ahead on e-ticketing. The implication of this is that people who don’t have the new notes won’t be able to use the facility.”

Another passenger said, “The decision of the management of the corporation to introduce a collection of tickets with new naira notes is impromptu, ill-timed and embarrassing.”

Hot this week

Wike Seeks Politics of Transformational Governance in Africa

By Joyce Remi-BabayejuThe Minister of the Federal Capital...

Security Operatives Question NDDC MD Over Alleged Coup Financing

By our correspondentThere is palpable tension at the headquarters...

FCT Fights Non- Compliance of Vaccination of Children

... Targets 2. 6 M children in FCT...

BAVCCA urges Nigerians to defend Dangote Refinery

President of the Bloggers and Vloggers, Content Creators Association...

INSPIRATION: The Family: The Forgotten Powerhouse of Civilization

By Mary EwaFamily — the smallest yet most powerful...

INSPIRATION: Seeing Myself in the Light of Now

By Mary EwaTechnology is the wealth of the twenty-first...

PenCom mulls reintroduction of gratuity as pension assets hit N25trillion

By Ogenyi Ogenyi, UyoThe National Pension Commission, PenCom, has...

Security Operatives Question NDDC MD Over Alleged Coup Financing

By our correspondentThere is palpable tension at the headquarters...

ALSTDI Commends President Tinubu for Extending Adebomehin’s Tenure, Hails Progress in Geospatial Intelligence and National Mapping Reforms

….Says extension reflects confidence in performance and continuity….Urges Surveyor-General...

ALSTDI Commends Tinubu for Extending Adebomehin’s Tenure, Praises Geospatial and Mapping Reforms

….Says extension reflects confidence in performance and continuity….Urges Surveyor-General...

Related Articles

Popular Categories

spot_imgspot_img