NIMASA has not submitted audited accounts since 2007- Fiscal Commission

NIMASA refused to render its account to the Fiscal Responsibility Commission

The Nigerian Maritime and Safety Administration, NIMASA, has failed to render its audited accounts from 2007 to 2011, the Fiscal Responsibility Commission, FRC, has said.

To address this impropriety by NIMASA, officials of the FRC, led by its Chairman, Aliyu Yelwa, met with the maritime agency officials, led by the Director-General of the agency, Patrick Akpobolokemi, in Abuja on Wednesday.

In his remarks before the meeting went into a closed-door session, the Director, Policy and Standards of the FRC, Sylvanus Mordi, said NIMASA ignored requests to submit its audited account from 2007 to 2011.

He said the fact that the agency’s financial statement for the periods indicated had not been prepared and published was a clear violation of Section 23 of the Fiscal Responsibility Act 2007.

On budgetary planning, Mr. Mordi said that NIMASA is listed among the 31 corporations, commissions and agencies owned by the Federal Government expected to submit their Medium Term Expenditure Framework, MTEF, for three years.

The agencies, he said, were also expected to prepare their annual budget based on the MTEF and make allowances for the payment of 80 per cent of their operating surpluses into the Consolidated Revenue Fund of the Federation.

He, however, expressed dismay that the agency ignored requests from the commission to submit its MTEF for 2009-2011, 2010-2012, 2011-2013 and 2012-2015 and also failed to pay its operating surpluses.

“When we came on board in 2009, we wrote to the corporations, Ministries, Departments and Agencies, requesting them to comply,” he said. “Since 2009, we have written so many letters to NIMASA in particular, that we have lost count, and there was no response.”

The commissioner noted that at a point the commission was compelled to refer the issue to the Directorate of Legal Investigation and Enforcement to investigate.

“But as we progressed, we got a letter from NIMASA that there had been a change in management and the new management was willing to comply with the law.

“We had to beg the legal directorate to release the file so that this meeting could be held otherwise that investigation is in progress,” he said.

It’s not my fault

Responding to the allegations, before journalists were asked to leave the conference room of the FRC annex in Asokoro, Abuja, Mr. Akpobolokemi blamed the lapses in the agency to “mistakes by past administrations.”

“We are here to rob minds with the commission on whatever directive, in respect to the FRA 2007, that we are expected to do and carry out such in compliance to governments law and regulations.

“If there were mistakes in the past, it is the duty of the present administration in NIMASA to ensure that those mistakes are corrected for a better relationship,” he said.

He promised that the agency would make available its audited financial statements to the commission “as at when due”, in compliance with the Federal Government’s emphasis on accountability and transparency for public organisations.

He also pledged to fully cooperate with the commission to ensure fiscal transparency of all establishments listed in its schedule.

“This is a matter of obligation and necessity for us,” he said.

The meeting later went into a closed-door session that lasted nearly three hours.


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  • Mpitikwelu_na_Ugwu_Awusa

    So what is the punishment for that?Did any one speak to the AGF on this?