The Federal Airports Authority of Nigeria (FAAN) has vowed to eliminate revenue leakages across the nation’s airports through the full enforcement of electronic payment and collection systems, marking a significant shift in its financial and operational framework.
The Managing Director and Chief Executive Officer of FAAN, Olubunmi Kuku, disclosed this while addressing journalists after her appearance before the House Committee on Finance.
According to Kuku, the Agency has deployed comprehensive mechanisms to ensure that all revenues generated at airports particularly at toll gates and other collection points are efficiently captured, transparently processed, and fully remitted to the Federal Government, saying the move is in line with the Federal Government’s broader fiscal reform agenda aimed at plugging financial leakages, and enhancing transparency.
She noted that although the enforcement of the cashless regime has caused temporary inconvenience for some airport users, the reform is both strategic and long overdue.
While acknowledging the traffic congestion witnessed at some airport toll gates in the early days of implementation, Kuku described the situation as a temporary adjustment phase.
She appealed to Nigerians for patience and cooperation, assuring that the system would stabilize as more users adopt the various electronic payment channels available.



