The Point of Sale (POS) Traders Association has highlighted the need for a repositioning of the sub-sector. The association made the announcement when the group’s leadership visited the Chair of the Abuja Branch of the Chartered Institute of Bankers of Nigeria, Prof. Uche Uwaleke.
In a statement from the chairman of the association’s Board of Trustees, Alhaji Ibrahim Abdullahi, the association said the visit was to discuss key issues on how to move the sub-sector forward.
Abdullahi said the visit is part of a series of visits to stakeholders in the POS business that are now being well received across the country.
He noted that the Association of Point Of Sales Users (POS) in Nigeria (APOSUN) is fully registered with CAC under Part C of the CAMA, 1990, adding that the Association aims to create jobs for the teeming unemployed youth to minimize crime and insecurity, create a culture of austerity among the teeming population, and instill positive moral behaviors among youth. He pointed out that one of their goals is to make POS business safer and contribute to the socio-economic growth of FCT in particular and Nigeria in general.
Announcing that there were over 167,000 POS machines in Nigeria as of March 2021, he said that APOSUN is committed to ensuring the welfare, addressing the challenges and concerns of all members.
“APOSUN believes that information management is a living ecosystem that includes end users, suppliers, consultants, analytics firms, business functions and enterprises. Our association is uniquely positioned to ensure secure POS business in a challenging digital age with unpredictable risks,” he said.
He also announced that the federation plans to hold a launch in FCT very soon and that the date for the event will be shared with the public. He added that the association is interested in collaborating with the Chartered Institute of Bankers of Nigeria in many areas, including reducing crime among POS operators, the banking industry and other financial institutions.
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