The Federal Airports Authority of Nigeria (FAAN) has officially rolled out a comprehensive cashless policy across all airports in the country, marking a significant milestone in its efforts to modernize airport operations and enhance financial transparency.
Effective from March 1, 2026, FAAN’s new policy mandates the exclusive use of electronic payment systems for all transactions within Nigerian airports. This includes payments at toll gates, parking fees, and other revenue collection points. Cash payments have been completely barred under this policy, requiring motorists, passengers, and airport users to utilize prepaid access cards or other approved electronic payment methods.
This decisive move is part of FAAN’s broader strategy to eliminate revenue leakages that have historically plagued airport operations. By enforcing electronic payments, FAAN aims to ensure that every transaction is accurately recorded, reducing opportunities for fraud, theft, and mismanagement of funds.
Airports Affected
The cashless policy is being enforced nationwide, covering all major airports including:
- Murtala Muhammed International Airport, Lagos
- Nnamdi Azikiwe International Airport, Abuja
- Other regional and domestic airports under FAAN’s jurisdiction
Benefits of the Cashless Policy
- Enhanced Transparency: Electronic payments provide clear audit trails, making it easier to track and verify revenue flows.
- Improved Efficiency: Cashless transactions reduce delays and congestion at payment points, improving the overall passenger experience.
- Revenue Protection: By plugging revenue leakages, FAAN can better fund airport maintenance and development projects.
- Security: Minimizing cash handling reduces risks associated with theft and corruption.
Public Response and Implementation Challenges
Since the policy’s implementation, some airports, particularly Lagos and Abuja, have experienced initial challenges including traffic congestion and public adjustment to the new system. However, FAAN has assured the public that these are temporary issues and that the long-term benefits will far outweigh the initial inconveniences.
What Airport Users Need to Know
- Ensure you have a valid prepaid access card or electronic payment method before arriving at the airport.
- Follow signage and instructions at toll gates and payment points to avoid delays.
- Stay updated with FAAN announcements for any changes or enhancements to the policy.
FAAN’s cashless policy represents a transformative shift in Nigeria’s airport financial management. By embracing technology and enforcing strict electronic payment measures, FAAN is taking a crucial step towards safeguarding airport revenues and improving service delivery for all users.
