• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Monday, June 2, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Senate Rejects NIMASA’s 2 Years Financial Report

by Sunday Isuwa
2 years ago
in Business
jamoh
Share on WhatsAppShare on FacebookShare on XTelegram

The Senate has rejected the two years financial transactions of the Nigerian Maritime Administration and Safety Agency, (NIMASA).

Advertisement

LEADERSHIP reports that the head of the agency, Dr Bashir Jamoh and his head of account and finance could not defend the financial report of the agency in two years.

This is just as the Senate committee on Finance has expressed dissatisfaction with the series of infractions and differences in the generated and remittances of NIMASA, and directed the agency to return on another date with a more explainable report.

The committee had invited the agency to present its generated revenues and remittances to the federation account between 2020 and 2022.

In their presentation, it was discovered that NIMASA has in the years under review made remittances that were far less than what it actually generated.

RELATED

Forum Salutes Tinubu, Umahi Over Infrastructural Development In North

Amid 2,669 Road Construction Projects, Engineers Blame Kickbacks For Failures

7 hours ago
Large-cap Stock Drives Local Bourse To N180bn Gains

Stock Investors Gain N3.967trn In May Amidst Positive Returns

7 hours ago

Explanations by the NIMASA director general, Bashir Jamoh were said not to be 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 had 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.

According to the chairman of the committee Senator Sani Musa,” I will not listen to any agency that sent a representative. That practice must stop and under my tenure it has to stop. We are here in preparation of the budget and we will only attend to agencies that are represented by their heads. We were voted to do our job and we must do it properly.

“We are here to see the performance of the agencies , we made it clear that they must honour their invitations personally.

Other agencies attended to include the Nigeria Drug Law Enforcement Agency, NDLEA and the Federal Road Safety Corps.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

Breaking NEWS: Nigerians can now earn in US Dollars, acquire ultra premium domains for low and sell for super profit. Our client acquired a domain for $3715 and got it sold for $42,000. Click here to see how you too can profit from the business.


Tags: Nigerian senateNIMASA
SendShareTweetShare
Previous Post

Bayelsa, Imo, Kogi: Atiku Tells Voters To Defend Votes, Rallies Support For PDP Candidates

Next Post

The Alternative Bank Collaborates For Pan-African Expansion

Sunday Isuwa

Sunday Isuwa

Sunday Isuwa is an award winning journalist with over 15 years of experience. Currently at LEADERSHIP Media Group, he has published thousands of articles that have helped in shaping Democracy, Good Governance in Nigeria, Africa and the world at large. His Twitter handle is @IsuwaSunday 

You May Like

Forum Salutes Tinubu, Umahi Over Infrastructural Development In North
Business

Amid 2,669 Road Construction Projects, Engineers Blame Kickbacks For Failures

2025/06/02
Large-cap Stock Drives Local Bourse To N180bn Gains
Business

Stock Investors Gain N3.967trn In May Amidst Positive Returns

2025/06/02
NCAT Rector Raises The Alarm Over Shortage Of Funds For Capital Projects
Business

‘Foreign Students’ Surge At NCAT Boosts Federal Gov’t’s Forex Earnings’

2025/06/02
IWD: Female Employees Share Career Journey At Schneider Electric
Business

‘AI Key To Optimising Infrastructure Surge For Nigeria Data Centres’

2025/06/02
Analyst Hails Senate Over Passage Of Tax Reform Bills
Business

IMF, Analysts Caution Federal Gov’t Over Increasing Debt

2025/06/02
I Regret Not Buying Arsenal — Dangote
Business

Dangote Refinery Has Capacity To Meet West Africa’s Petroleum Needs – Dangote

2025/06/02
Leadership Conference advertisement

LATEST

Tinubu’s Aide Tasks Women On Entrepreneurship As Pink Fleur Unveils ‘Noor Collection’

PICTORIAL: Judges, Lawyers, Litigants Shut Out As JUSUN Strike Cripples Abuja Courts

I Never Backed Emergency Rule In Rivers — Wike

Police Bust Notorious Car Theft Syndicate, Recover Stolen Vehicle In Nasarawa

Kwara Communities Decry Female Genital Mutilation

WAEC: Parent Hires Thugs To Assault School VP For Stopping Exam Malpractice

Gunmen Kill Man, Kidnap Wife In Imo

No One Can Push Me Out Of PDP — Wike

I Will Lead Tinubu’s 2027 Campaign To Deliver FCT, Rivers — Wike

JUST-IN: Federal Gov’t Declares June 6, 9 Eid-ul-Adha Holiday

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.