The Federal Government may soon commence the audit of the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Maritime Academy of Nigeria (MAN), Oron, Akwa Ibom State as both parastatals are now at loggerheads over N18 billion statutory remittance.
NIMASA |
This is as the Transport Ministry has dismissed the rumoured plan to sack MAN Oron’s Rector/Chief Executive, Joshua Okpo.
According to the Act establishing it,
MAN, Oron is entitled to 5 per cent of NIMASA’s total earnings as its
statutory allocation and the money ought to be released quarterly with
occasional intervention funds also given to the school, being a wholly
government-owned specialised maritime institution.
But while NIMASA claimed N18 billion has
been given to the school from 2009 to date, the Academy is insisting
that the money was not given directly to it to run its affairs as it
should.