By Andrew Oota

Senate committee on Finance,yesterday expressed dissatisfactions with series of infractions and differences in the generated and remittances of the the Nigerian Maritime Administration and Safety Agency, NIMASA and directed the agency to return on another day with a more realistic report.
The committee had invited the agency to present its generated revenues and remittances to the federation account between 2020 and 2022.
In there presentation ,it was discovered that NIMASA have in the years under review made remittances that were far less than what it actually generated .
Explanations by the NIMASA Director General Bashir Jambo were not satisfactory as the committee further requested the agency to provide a projection of its Internal Generated Revenue for the 2023 year ending December.
The NIMASA boss pointedly told senators he could not provide such projection,insisting it was not part of the details he has prepared for presentation.
The committee chairman consequently directed NIMASA to furnish the committee with it’s audited management report and reconcile with the office of the Auditor General of the federation stressing that “what we have here is not what we expect ,the discrepancies in remittances and revenues generated are too huge.
“ You have to come back on another day ,go through your books and let’s know exactly what we can understand. Also come with your estimated revenue and audited accounts from 2020 to 2022. We are not getting the kind of returns in terms of what we expect your agency to generate and honestly we are not fully satisfied “.
The committee also sent back agencies whose heads were represented.

READ MORE  Nigeria’s peace, stability, our shared responsibility, Tinubu tell govs

LEAVE A REPLY

Please enter your comment!
Please enter your name here