FAAN Bans Cash Transaction At Airport From March One

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NIGERIA, ABUJA – The Federal Airports Authority of Nigeria (FAAN) has announced that cash will no longer be accepted at any of its pay points, including access gates, car parks, and executive lounges, starting Sunday, March 1.


The disclosure was contained in a statement from FAAN on Friday.

The move forms part of FAAN’s “Go Cashless” initiative, which aims to make all airport transactions faster, safer, and fully digital.

According to the statement, gathered by truth live media, all passengers and airport visitors are required to make payments digitally at FAAN-controlled airports.

This includes entry through access gates, parking fees at car parks, and charges for executive and VIP lounge services.

FAAN emphasized that the initiative aligns with the directive of the Central Bank of Nigeria (CBN) to encourage cashless transactions across public services.

“In line with the directive of the Central Bank of Nigeria, effective March 1st, 2026, cash will no longer be accepted at any FAAN pay point.

That means at all our international and local airports, from access gates to car parks, and executive lounge entries, every transaction must be digital,” the statement read in part.

The new model of payment, tagged “Operation Go Cashless,” is in partnership with Paystack, a leading digital payments company in Nigeria, whose track records has seen them ensuring safer payments digitally.

According to FAAN, the partnership with Paystack provided contactless terminals at access gates, car parks, and lounges, with payments processed instantly via NFC-enabled cards.

The Airport authorities feel the system eliminates human handling of cash, reducing opportunities for leakages and speeding up passenger flow across all airports in the couny

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