Airports authority issues ultimatum to debtors

Nigeria airportFrom AUGUSTINE OSAYANDE in Abuja, Nigeria
ABUJA, (CAJ News) – THE Federal Airports Authority of Nigeria (FAAN) has issued a seven-day ultimatum to its debtors to settle all debts owed to the authority.

Yakubu Dati, the authority’s General Manager Corporate Affairs, confirmed the development.

He said all affected debtors earlier communicated with details of their respective indebtedness to the Authority had until August 24 to pay their debts.

“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 added.

“All affected debtors have earlier been communicated with details of their respective indebtedness to the Authority,” Dati said.

He said the affected debtors in doubt were advised to liaise with the Authority’s Credit Control Department at its Headquarters for reconciliation of their accounts.

He said FAAN was self sustaining and could meet its responsibilities within the burden of these huge debts.

– CAJ News

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Posted by on Aug 17 2015. Filed under Africa & World, Aviation, Featured, Finance, Finance & Banking. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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