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POS Business Booms In PH

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In the wake of the Covid-19 crisis, several measures have been devised by the people to obviate the hurdles and other setbacks of the pandemic, especially in fuelling their daily existence. One of the most affected areas in coping with the Covid-19 experience had been in financial transactions, especially with the major financial institutions, shutting their doors, to avoid both structural and institutional infiltration and flaws.
The PH Metro investigations reveal that in recent times, the attitudes of financial institutions, mostly banks, have been that of restraint in services, to guard against unpleasant consequences that are fallouts of the system. There is therefore a routine inconvenience on the part of the people to crowd at various banks branches to propel their daily financial transactions.
But the populace seemed equipped by the Covid-19 experience to create alternative means of easing their financial transactions, addressing social defects and making money.
The Point of Sales (POS) service is now the popular and most regular measure of easing financial transactions.
Presently, almost all the streets of Port Harcourt are dotted with decorated stands and outlets, with intense business activities ongoing in this aspect of mobile banking.
The operator of Henzy POS outlet in Port Harcourt, Nkechi Onyeije, who spoke with The Tide Metro, said the business required authorization from banks to operate.
Onyeije is excited about the business because it opens her eyes to financial propriety.
“I love to do the business because it teaches me how to manage money, and how to render services to the public, I love to see people relieved of their stress and also make money from the process” .
Asked her challenges in the business, she said; “the challenges are mostly that of network, which is common, stamped duty charges by banks and effective capital base.
She explained that every transaction of ten thousand Naira, attracts a fine of two hundred naira, and in some cases three hundred naira.
Another operator of the POS business in Port Harcourt, Mr Gibson Doone, said he got involved in the business because he loved commercial activities.
According to him, “the POS business, needs discipline and patience to attend to people’s needs”. He said he hated to see queues of people at ATM stands in banks, frustrated and unable to do their businesses with ease.
“I am a man that likes to be productive, I found out that many of the people are always stranded at banks and unable to carry out their financial transactions with ease, I also make money from the business so I love it.”
When The Tide Metro interviewed one of the users of the POS services, Mr, Benson Aduma, he said the use of POS to service his utilities has helped him to avoid the stress of carrying out financial transactions through conventional banking services.
He said; “Most of the bank ATM swallow cards, and also fail to dispense cash, to take care of my pressing needs, I have to look for alternative means to survive, the stress of getting money in banks has resulted into fatal consequences, these must be avoided.”
Another regular user of the POS services. Mr Kingsley Obed, called for the liberalization of the POS services to accommodate more service providers.
Mr Obed who was visibly disappoointed with bank services said; “it’s right time banks and other institutions are held responsible for their promises and claims, you see inscriptions such as 24 hour ATM services at banks and when you use the ATM , they are mostly dysfunctional, we are fed up with these irregularities”. The Metro investigation reveals that the major operators of the POS business include; Kudu, Itex, Money Pay, Pam Pay, own money, among others. The service providers operate with these various groups to render their services. The availability of these services is in popular endorsement to have stimulated patronage, as people mostly consider distance, and other personal inconveniences in their choices.

 

By: Taneh Beemene

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Metro

Rivers, A Global Investment Hub

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Nothing could be more elusive and desirous as the special skills and talent of a wand and a midas touch. Dr Freeman O’ Freeman is one the few possessive of this rare gift. He has a penchant for the reorganization of ailing industries, organizations and institutions. The foremost technocrat and consultant was recently spotted by the Port Harcourt Metro at a public function in the Garden city. When his attention was sought for an interview he willingly obliged an the session was a deep insight into his experience especially his years of consultancy services with the Rivers state Government in the  early 1990s. During these period he recalled that 14 parastalals and government agencies including the three state owned media Houses were under his consultancy services for full reorganisation process. “We made the State Electricity Board to be the highest revenue earner after the Ministry of finance, we also made the staffs of Water Board, Super Board, and Rivers Marine to earn their salary after the reorganization processes, some of the moribond companies can still be revived.”  He said Rivers state was deeply blessed with potentials to host the business world through flourishing business activities, nothing that most black Americans business moguls were looking for opportunities of investing their wealth and knowledge. Dr Freeman who is also and author and religious counsellor emphasized the need for proper restructuring of the Nigerian state to address the needs and imperatives of justice in the country. He canvassed for the creation of a state owned insurance company to secure the wealth and investments of  Rivers state. “ Rivers state is global investment hub, their is need to decongest Lagos by tapping into the enormous investment potentials in Rivers state, it’s quite unfortunate that investments of Rivers state government are easing out without full privileges to the state government, despite hosting two federal terminals economic activities in the state is still low. I want the Rivers state government to reap the benefit of insurance before Governor Wike leaves office, it will count for him as one his greatest legacies for Rivers people. Commenting on the prevalence of ethno religious crisis in the country, he pointed out the very custodians of religious faith were the propellers of the evolving Crisis. “it’s very unfortunate that people don’t practice what they preach, the much resources in the hands of the ministers should be redirected for the interest of the followers, the early missionaries gave education virtually free. Ministers should allow their members to have leveraging access to their schools, this will reduced the loads of poor parents and help in producing an informed and better society”. With a deep sense of concern, he urged the federal government to address the growing spate of insecurity in country, particularly the “ incautious activities of herders.

 

By: Taneh Beemene

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Metro

Wife Battery: Man Forced To Undertaken By In-laws

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In a bid to restore the marriage of a certain couple in Port Harcourt, ( names withheld) the family members and parents of the wife has forced the husband to an undertaken that he will no longer used their daughter as a punch bag. The Port Harcourt Metro gathered the parents of the wife are relatively well to do very supportive to the upkeep of their daughters family. Their intervention came as a result of repeated cases of physical and psychological abuses of their daughter by her husband. It was also gathered that the parents of the wife had made moves to terminate the relationship to secure the life of their daughter but she bluffed their moves and stuck to the marriage based on her professed love for the husband. The husband was said to have been invited to an intense family session during which he was asked to sign an undertaken to be of good conduct and act as a responsible man or gets his wife forfeited. The session became dramatic when the repentant husband and in-law was said to have broken down in tears , with confessions that he was always propelled by some incontrollable forces to act the way he did.

 

By: Taneh Beemene

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Metro

Group Plans Grassroots Medical Campaign

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As part of measures of promoting effective medical care at the grassroots, a body under the auspices of Medical  Xray and Imaging Technicians Association of Nigeria says plans has been put in place for mass sensitisation on the need for greater access to medical services at the rural areas. National President of the body, Rev Akiene Nunyor who disclosed this during a chat with newsmen in Port Harcourt, yesterday, said the sensitisation was targeted at rousing the sensitivities of critical stakeholders towards improving health care at the rural areas as well as creating awareness among the rural dwellers. He pointed out that the absence of ultra sound facilities at rural communities was responsible for high mortality among pregnant women in rural communities, as they lacked access to the facilities. Its difficult for women to go for scan exercises for proper medical check at the rural areas. In times of emergencies before they get to the urban areas that have the facilities it becomes late. He called for a synergy between the private sector and government especially in the area of research, training and manpower development in the health sector,  He assured that the body was ready to provide the professional regulatory services for middle manpower development and standards in medical practice. While commending the Rivers state Government for its efforts in promoting care in the state he called for a “ Public/ Private sector  driven “approach in promoting effective health sector delivery.

 

By: Taneh Beemene

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