AfriPulse
The Minister of Aviation and Aerospace Development, Festus Keyamo, said on Friday the Federal Government would go ahead with the cashless policy, at the country’s airports.
Keyamo stated this during the on-the-spot assessment of hybrid payment system newly adopted by the government at the Nnamdi Azikwe International Airport, Abuja.
The hybrid payment was adopted following President Bola Tinubu’s directive to suspend full cashless implementation at the airports.
The minister however, explained that the government was only considering the people that were yet to obtain Federal Airports Authority of Nigeria (FAAN) cashless card for cash usage pending the nation’s full migration to cashless system.
READ ALSO: Keyamo approves cash, card payments at airport gates in aftermath of traffic gridlock
He said: “We decided to go back to the drawing boards to see what we can do to prevent revenue loss and ease the traffic.
“That was the reason why we came up with this hybrid system now.
“So, those who have the cards already, can continue using their cards, as such money goes straight into Treasury Single Account (TSA), which is the federation account.
“Look, there is no going back on the cashless system. It is too late for those who think they can frustrate the cashless system because they like the cash collection system.
“This nation has passed such a stage. There is limited time left for the hybrid system.”
The minister reiterated the existing federal government’s directive that no federal agency should collect cash.
He revealed that the government had started discussing with concessionaires, who would come and make the airports fully automated.
He reiterated the government resolve to stop the corrupt cash payment system at the nation’s airports which has lingered for 50 years.
President Tinubu had a few days ago directed the temporary suspension of the cashless payment system at airport toll gates because of its sudden implementation.
The rushed implementation had caused severe traffic congestion and long queues of vehicles, making it difficult for motorists to complete electronic payments quickly.
Source: RipplesNigeria | Read the Full Story…
