Nigerian Maritime Administration and Safety Agency, NIMASA, has remitted $140.8m (N42.22bn) into the Federation Account in five years,
The NIMASA Director General, Mr. Baba Jauro, who disclosed this to visiting members of the Senate Committee on oversight function, noted that the agency collected $270million revenue from the Nigerian Liquefied Natural Gas vessels in 2015, however explained that the remittance was not inclusive of the N4,985,000,000 and $39,025,017 operating surplus for last year which was also remitted to the Federation Account.
Highlighting that the safe custody of the over N51 billion Cabotage Fund, domiciled with NIMASA to promote the development of indigenous commercial shipping capacity in international and coastal trade, is safe, to the Senate Committee headed by its chairman, Senator Ahmed Sani, Baba Jauro indicated that so far, only the statutory revenue disbursements of the agency, which include a 25 per cent maritime fund and five per cent development for Maritime Academy, Oron had been undertaken.
The NIMASA DG observed that N450 million was remitted in 2011, N6, 441, 383, 583, 2012; N13, 833,431,883, 2013; N9,732,349,682 , 2014 and N11,770,978,562 in 2015.
Jauro said that the agency had registered no fewer than 1,975 vessels in its ship registry; adding that the agency was now, dutifully discharging all the functions it is statutorily saddled with, especially the responsibility of shipping development and regulatory matters relating to merchant shipping and seafarers.
He listed other responsibilities as including: administration and regulation of shipping licenses, administration, regulation and certification of seafarers, establishment of maritime training and safety standards, regulation of safety of shipping as regards the construction of ships and navigation, provision of maritime search and rescue services
He said that NIMASA provides direction and ensure compliance with vessels security measures, carry out air and coastal surveillance and control and prevent maritime pollution among others
In his response, Senator Sani noted that the committee was actually in the agency to perform its oversight function so as to ensure that government agencies manage their resources prudently in the best interest of Nigerians.
He maintained that the issue of corruption which has become a norm in the society must be eradicated, positing that the committee was in the agency to beam its searchlight into the activities of NIMASA in the past years; soliciting for full cooperation of the management, particularly with vital information that would guide them in performing their oversight functions.

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