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FAAN Gives Ultimatum to Debtors

The Federal Airports Authority of Nigeria, FAAN, has issues a seven-days Final Demand Notice expiring Monday, August 24th, 2015 to all its debtors to settle all debts owed to the Authority.

Yakubu Dati, general manager, Corporate Affairs, FAAN, said all affected debtors had 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,” said Dati.

According to him, at the expiration of the notice, the Authority would, pursuant to a Presidential directive, be compelled to take necessary measures to recover the debts as FAAN is self sustaining and cannot meet its responsibilities within the burden of the huge debts.

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