Tinubu Suspends FAAN Cashless Policy

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Tinubu to Visit Adamawa for Project Inaugurations. Credit: Channels TV

President Bola Tinubu has suspended the Federal Airport Authority of Nigeria (FAAN)’s recently implemented cashless payment system at airport toll gates.

The Minister of Aviation and Aerospace Development, Festus Keyamo, announced the suspension on Wednesday following the Federal Executive Council meeting at the State House in Abuja.

“Mr. President was very concerned about the welfare of Nigerians and the fact that most Nigerians were losing their flights, missing their flights,” said Keyamo.

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“So Mr. President, out of empathy, directed today that we should suspend the present system because it creates a lot of gridlock, and Nigerians are suffering as a result of it.”

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Festus Keyamo. Credit: Guardian.

FAAN eliminated all cash transactions at airport access gates, car parks, and executive lounges nationwide, requiring digital payments only under its “Go Cashless” initiative, causing gridlock at tollgates at Lagos and Abuja airports.

According to Keyamo, the suspension was to eliminate gridlock at the Lagos and Abuja airport toll gates.

“The major reason why Mr. President took this decision is to eliminate the present gridlock that we are experiencing, especially at both the Lagos and Abuja toll gates leading to the airport,” he added.

“That’s the major reason, not that the President is happy with the cash system.”

Keyamo added that Tinubu has instructed the agency to perfect the system, adding that a hybrid system would be implemented temporarily.

“We are going to do a hybrid system whereby we can collect cash temporarily and, of course, use the cards that they have collected temporarily for now,” Keyamo said.

 

Author

  • Olayide Oluwafunmilayo Soaga is a Nigerian journalist with four years of professional experience. She reports on health, gender, education and development, with a focus on impact-driven storytelling.

    She was runner-up for the Centre for Journalism Innovation and Development (CJID) Best Solutions Journalism Award in West Africa in 2024 and a finalist for the 2025 West Africa Media Excellence Awards.

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