FAAN Gives Debtors Final 7-day Ultimatum to Pay Debts

Posted by Nicholas on Mon 17th Aug, 2015 - tori.ng

The Federal Airports Authority of Nigeria has issued a final warning to its debtors to pay up or face the consequences.

 
The Federal Airports Authority of Nigeria (FAAN) has issued a final ultimatum to its debtors, giving them a 7-day expiry date to settle their indebtedness on or before Aug. 24.
 
FAAN warned that the expiration of this notice, would lead to the Authority taking all necessary measures to recover these debts in line with a Presidential directive.
 
This notice was contained in a statement signed by its General Manager, Corporate Affairs, Mr Yakubu Dati, and made available to the News Agency of Nigeria on Sunday in Abuja.
 
The statement said that all the debtors had earlier been communicated with details of their indebtedness to the aviation Authority.
 
It advised affected debtors who were in doubt to reach the relevant credit control office at its headquarters to reconcile their accounts.
 
FAAN said that the debt recovery drive was to enable the Authority to meet its responsibilities, within the burden of these huge debts, as a self-sustaining organization.
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