• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Saturday, June 28, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Business owners in FCT decry low patronage

Business

The Matters Press by The Matters Press
April 12, 2023
Reading Time: 2 mins read
0
Fair exhibitors adopt strategies to boost sales

Trade

Some business owners in the Federal Capital Territory (FCT) have decried low patronage and high cost of purchasing products.

RELATED POSTS

Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

N1.5trn recapitalisation of Agric bank will herald food security – TMV

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

The business owners during a market survey on Wednesday in Abuja said that business had been dull.

Mr Aliyu Isa, a meat seller at the Wuse market described the low patronage as worrisome.

“ I have been coming here to sell cow meat on a daily basis, but the turn up has not been encouraging so I decided to stay at home for some days.

“In spite the holidays are over, business has not been very good, things are yet to pick up,” he said.

Malam Bello Bello, a vegetable seller, said the low patronage was witnessed even during the Easter holiday which ordinarily should attract high patronage.

“Vegetables are not goods you can keep for long and they are supposed to be consumed fresh.

“ Some customers still complain of lack of cash and high charges in accessing cash from Point of Sale (PoS) operators, making it difficult for them to patronize me,” Bello said.

A customer, Mrs Elizabeth Smith, said that she was at the market on Tuesday for to do some shopping but was not able to shop due to poor network on her bank app.

Smith said besides poor e-transaction, high PoS charges was responsible for low patronage from customers.

“ I could not buy anything in the market because the PoS charges were too high for me,”she said.

She urged the Federal Government to look into the excesses of the POS operators and call them to order.

Another customer, Angela Agbo reiterated the need for relevant authorities to check the activities of POS operators and also make cash readily available to Nigerians.

“ I know that the Central Bank of Nigeria (CBN) has given directive to PoS operators to return to their normal charges.

“However, some of them still take advantage of the cash limitations,” she said.

Agbo also lamented the high cost of food items which is responsible for consumers’ inability to purchase the products.

” When we had cash issues, most goods went high especially when you want to make a transfer to a vendor, we expected that things should go back to normal after the pronouncement by the CBN.

” For example, meat sellers increased their price from N2,000 to N3,000 per kilogramme with the excuse of lack of cash,” she said.

A PoS operator in the market who pleaded anonymity, said the high cost was as a result of their inability to access cash from the banks.

“ I believe that if the CBN can provide enough money for PoS operators, everything will be fine again,” the operator said.

Tags: Business
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

$2.5 billion JBS investment, a big economic victory for Nigeria –  TDF
Economy/Technology

Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

June 27, 2025
ActionAid, SWOFON call for urgent completion of BOA recapitalisation
Agriculture

N1.5trn recapitalisation of Agric bank will herald food security – TMV

June 26, 2025
Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF
Energy

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

June 25, 2025
Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope
News

Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope

June 25, 2025
79 candidates for presidential election
News

Tinubu’s new INEC building: A consolidation of democratic institutions, legacy in Nigeria – TDF

June 23, 2025
Gombe: Troops take over to enforce peace
News

Nigerian Army kills 6,260 terrorists, rescues 5,365 civilians in 2 years

June 20, 2025
Next Post
CPC advises customers with faulty HP computers

China makes solid progress in developing computing power

Nigeria floats $4bn Eurobonds

DMO re-opens 4 FGN bonds valued at N360bn for subscription

Recommended Stories

Corruption caused Nigeria’s poor resource management

Osinbajo urges Africa to deepen cooperation with the world to attain development

June 13, 2022
AIICO Insurance pays N47.3bn claims

AIICO Insurance pays N47.3bn claims

April 14, 2022
Tinubu emerges new ECOWAS Chairman

Tinubu’s emergence as ECOWAS chair cements Nigeria’s economic leadership in Africa

July 10, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group
  • N1.5trn recapitalisation of Agric bank will herald food security – TMV
  • Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us