POS: Fuel Stations To Charge N50 On Product Sales From December 1

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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.

Davido Reveals Why His Dad Once Arrested His Fans
Nigerian afrobeats superstar, David Adeleke, aka Davido, has recounted how his billionaire dad, Chief Adedeji Adeleke once arrested him, show promoters and fans who attended an event he was billed to perform.

Davido Reveals Why His Dad Once Arrested His Fans

He said his dad arrested everybody at the event because he absconded from school to do music against his father’s wishes.

The ‘Omo Baba Olowo’ crooner said the incident happened in the early days of his career.

He stated this on Friday night while making his UK debut on The lateish Show with Mo Gilligan on Channel4.

Davido said,

“I come from a family where it’s like, education, education, business…Overtime [my decision to do music] was like a beef.

“Any show he [my dad] hear I’m performing at, he sends the police. He arrests the fans, promoters. He has a camera watching where I go to.”

The singer performed his hit song ‘Unavailable’ on The lateish Show.
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