Firm CEO appeals to investors over N1.5b debt

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The Nation Newspaper Firm CEO appeals to investors over N1.5b debt

The Chief Executive Officer Plan for Tomorrow Transport Investment, Johnson Solanke, has urged investors the company owes N1.5 billion they would be paid not later than December, 2024.

Solanke, who imports vehicles, tricycles and motorcycles, while addressing the media in Ibadan in company of owners of Yes FM, Yemi Sonde, CEO, Katawa Properties Ltd, Dr. Taiwo Kadri, a broadcaster, Mr Suleiman Adegbenro and others, appealed to investors to give him till December for payment of their money.

He said: “Two of my staff are now in critical conditions where they were retrieving treatment. This will however not tempt me to run away, I promised my investors home and abroad to be patient and give the company till December this year to facilitate their payments.”He lamented that what actually led to the debt was increase in exchange rate, which caused a serious crash in the naira value to dollar.

 

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