Dawn to dusk: How naira scarcity helped a PoS merchant become ‘king of cash’ in Abuja suburb

In Nigeria today, cash may be king. But people like Emmanuel Adawa, a point of sale (PoS) operator, who can control the amount and the time many Nigerians have access to the naira, know who the real boss is.

Feb 14, 2023 - 11:19
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Dawn to dusk: How naira scarcity helped a PoS merchant become ‘king of cash’ in Abuja suburb
In Nigeria today, cash may be king. But people like Emmanuel Adawa, a point of sale (PoS) operator, who can control the amount and the time many Nigerians have access to the naira, know who the real boss is.

In Nigeria today, cash may be king. But people like Emmanuel Adawa, a point of sale (PoS) operator, who can control the amount and the time many Nigerians have access to the naira, know who the real boss is.

Not much is needed to run a PoS business in Nigeria. In many cases, all you need is an umbrella, a plastic table and chair, and a logbook. But Emma, as he is fondly called, is not just a regular PoS operator. His “office” is a small musty yellow metal kiosk coated with black imprints of dirt. A green tarpaulin layered with dust hangs off the roof — a weak attempt to shield him from adverse weather conditions. A banner lazily hanging off the erected structure reads ‘EMMA POS AVAILABLE’, but most of the letters are worn out. The dilapidated nature of the structure, perhaps, is proof of Emma’s three rugged years of being in the game.

SOURCE- THE CABLES

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