₦airaland Forum

The Federal Arports Authority of Nigeria (FAAN) has ordered an immediate end to all cash-based transactions across its operations, with a firm deadline of February 29, 2026.

The directive came through a memorandum signed by FAAN Managing Director Mrs. Olubunmi Kuku, titled Cessation of Cash Collections/Transactions and dated February 3, 2026. The memo was addressed to all directorates within the agency.

Kuku explained that the move follows a Federal Executive Council (FEC) approval requiring government agencies to fully embrace a cashless economy. She instructed all directors to take immediate steps toward compliance, ensuring that approved digital and electronic payment channels are adopted across all official business activities.

“All cash collections or transactions in the conduct of FAAN’s official businesses MUST STOP with effect from February 29, 2026,” the memo stated, adding that failure to comply would attract stiff penalties.

The policy aligns with the Nigerian government’s broader push to reduce reliance on physical currency and deepen the penetration of digital financial systems across public institutions.

bigdammyj:
Noted.

What will be the faith of the professional beggars (Airport Staffs) in the airport?

Thedon22:
This is one way to minimize corruption. Not by bullying people, and using army to beat and arrest . Tinubu knows how to diplomatically fight corruption without making noise not by way of noisemakers and old barbaric means. Tinubu did it in Lagos. Advantage of having a first class accountant as president instead of a 3r class philosophy graduate.

Thedon22:
This is one way to minimize corruption. Not by bullying people, and using army to beat and arrest . Tinubu knows how to diplomatically fight corruption without making noise not by way of noisemakers and old barbaric means. Tinubu did it in Lagos. Advantage of having a first class accountant as president instead of a 3r class philosophy graduate.

ezekins:
The same way electronic transmission of election results will reduce rigging

Peliman:
Let's do electronic transmission of results too 😂 😂

Lanrelagboi:
https://applesbite.com/faan-moves-to-cashless-operations-bans-physical-currency-transactions/

ezekins:
The same way electronic transmission of election results will reduce rigging

Thedon22:
This is one way to minimize corruption. Not by bullying people, and using army to beat and arrest . Tinubu knows how to diplomatically fight corruption without making noise not by way of noisemakers and old barbaric means. Tinubu did it in Lagos. Advantage of having a first class accountant as president instead of a 3r class philosophy graduate.

helinues:
That will reduce corruption and bribery at the airport

Thedon22:
This is one way to minimize corruption. Not by bullying people, and using army to beat and arrest . Tinubu knows how to diplomatically fight corruption without making noise not by way of noisemakers and old barbaric means. Tinubu did it in Lagos. Advantage of having a first class accountant as president instead of a 3r class philosophy graduate.

DatNiggaDaz:


Minimize which corruption. Under APC and the fake certificate holder?

If you want to know if this will stop corruption in Nigeria, check out the TSA the Single treasury Account that was introduced by GEJ and how well it jas fared under APC

Thedon22:
This is one way to minimize corruption. Not by bullying people, and using army to beat and arrest . Tinubu knows how to diplomatically fight corruption without making noise not by way of noisemakers and old barbaric means. Tinubu did it in Lagos. Advantage of having a first class accountant as president instead of a 3r class philosophy graduate.