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Federal Arports Authority of Nigeria (FAAN) has ordered an immediate end to all cash-based transactions

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wisdom01

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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.
 
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