Federal Government To Imprison POS Agents Over Fixing Service Charge

The federal government has dished out stern warnings to Point of Sale, (PoS agents), placing a fine of up to N10 million or three months prison sentence should anyone found wanting in fixing service charge.

According to the Federal Competition & Consumer Protection Commission in a statement signed by its Executive Vice Chairman, Babatunde Irukera, stated that, “the FCCPA provides the Commission with statutory tools to ensure compliance and penalise law violations. As previously noted, some of these penalties are stiff.

“The Commission advises PoS operators that violation of an order of the Commission attracts additional consequences apart from the underlying illegal conduct that is the subject of the order such as up to N10,000,000 for corporate entities; and N1,000,000 and or a prison sentence of up to three months for individuals”.

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