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Automobile Dealer Pleads for Time to Settle Debt Owing Investors

Reporter by Reporter
June 7, 2024
in News
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Automobile Dealer Pleads for Time to Settle Debt Owing Investors
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Comrade Johnson Solanke, the Chief Executive Officer of ‘Plan for Tomorrow’ Company, a subsidiary of Ogo-Osupa, has appealed to the company’s investors to give him a few months to settle the outstanding debt.

Addressing journalists during a press conference, Solanke confessed that the company owes its investors a total of 1.5 billion naira. He attributed the challenges faced by the business to the fluctuations in the naira-dollar exchange rate.

Solanke has asked the investors to give him until December 25th of this year to repay the full amount owed. He assured the investors that he would be able to settle the debt by the given deadline and appealed to them to stop threatening the company’s staff members.

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Comrade Solanke revealed that his company currently owes around 806 investors a total of over 1.5 billion naira.

Tags: 'Plan for Tomorrow' Company9jaspectatorsComrade Johnson SolankeOgo-OsupaSpectatorsspectatorsng
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