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FAAN contractors panic over N40 billion loan default
Contractors who have engaged in the delivery of jobs to the Federal Airports Authority of Nigeria (FAAN) since 2018 are facing trouble with many of their bankers over funds totaling N40 billion. The contractors who spoke to journalists under condition of anonymity because of the fear of victimization said funds used for the execution of jobs such as supply of diesel to many of the country’s airports, supply of office equipment, engineering works, maintenance of…
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