Gossip • 7h ago
No going back on cashless policy at airports – Keyamo
**No Going Back on Cashless Policy at Airports - Keyamo**
In a recent development, the Minister of Aviation and Aerospace Development, Festus Keyamo, has made it clear that the cashless policy at Nigeria's airports is here to stay. Speaking at the Nnamdi Azikiwe International Airport (NAIA) in Abuja, Keyamo stated that the government will not be reversing the decision to adopt a cashless system at the nation's airports.
The minister, who was conducting an on-the-spot assessment of the hybrid payment system recently introduced by the government, explained that the decision to adopt the hybrid system was taken to prevent revenue loss and ease traffic congestion at the airports. He noted that the hybrid system allows individuals who have obtained the Federal Airports Authority of Nigeria (FAAN) cashless card to continue using it, while those who have not obtained the card yet can still use cash temporarily.
However, Keyamo made it clear that the cashless policy is not a temporary measure, but a long-term solution that will eventually become the norm at the nation's airports. He emphasized that the days of collecting cash at airports are numbered and that the government will not be swayed by those who prefer the old cash collection system.
In recent times, there has been a push for a cashless economy in Nigeria, with many government agencies and institutions adopting the cashless policy. The aviation sector is one of the latest to join the bandwagon, with the introduction of the hybrid payment system aimed at promoting a cashless economy and reducing revenue loss.
The Minister's stance on the cashless policy is a clear indication that Nigeria is moving towards a more digital and cashless economy, and airports are no exception. As the nation continues to digitalize its economy, it remains to be seen how the cashless policy will impact airport operations and passenger experience.
For now, it seems that the days of carrying cash to the airport are numbered, and passengers will have to adapt to the new cashless system.