A video showing the moment a group of angry Nigerians attacked and dismantled the stand of a Point of Sale (POS) vendor for charging exorbitantly has surfaced on social media.
Naija News reports that transaction charges in most POS points across the country have jumped to 400 per cent following the Central Bank of Nigeria’s naira redesign policy that has brought about the scarcity of new notes.
The impact of the CBN policy has led many frustrated Nigerians to be dependent on these vendors to receive cash and make payments.
In the video that surfaced, the vendor who was surrounded by aggrieved Nigerians escaped being beaten after charging four thousand Naira for a ten thousand transaction.
Nigerians could be seen vandalizing the POS stand afterwards to express their anger.
Watch the video below