OAU Students Struggle with POS Cash Withdrawal Limits
Benjamin Oluwakasayo Emmanuel Obafemi Awolowo University (OAU) students are grappling with a severe cash shortage that is disrupting their daily financial activities, with Point of Service (POS) attendants imposing strict withdrawal limits. A Part 2 Sociology student revealed the extent of the financial challenges. "I needed to withdraw ₦5,000 for travel to Ibadan, but POS operators at the Student Union Building (SUB) would only allow ₦3,000," he explained. To complete his withdrawal, he was forced to use multiple POS stands, splitting his transaction between two different points. Another first-year student expressed frustration at being unable to withdraw funds to purchase his SER manual due to the cash restrictions. Similarly, a female student lamented that the ₦3,000 withdrawal limit prevented her from purchasing necessary foodstuffs, stating the amount was insufficient for her market needs. Olorunfemi Emmanuel, a Part 2 Science faculty student, revealed he needed ₦15,000