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FAAN Angry with Chronic Debtors, Gives Ultimatum

Comms Week18 Aug 20150 Comments
FAAN Angry with Chronic Debtors, Gives Ultimatum
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  The Federal Airports Authority of Nigeria (FAAN) has issued 7 days’ Final Demand Notice expiring Monday, August 24th, 2015 to all its debtors to settle all debts owed to the Authority. A…

 
The Federal Airports Authority of Nigeria (FAAN) has issued 7 days’ Final Demand Notice expiring Monday, August 24th, 2015 to all its debtors to settle all debts owed to the Authority.

A statement signed by Yakubu Dati, general manager, Corporate Affairs‎ at FAAN, notes that all affected debtors have earlier been communicated with details of their respective indebtedness to the Authority.

The affected debtors where in doubt, are advised to liaise with the Authority’s Credit Control Department at its Headquarters for reconciliation of their accounts within the period of this Notice.

"At the expiration of this Notice, the Authority would, pursuant to a Presidential directive, be compelled to take necessary measures to recover these debts," Dati said.

FAAN is self-sustaining and cannot meet its responsibilities within the burden of these huge debts, according to the statement.

 

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