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NIMASA, lawmakers disagree over audited accounts —-as House of Reps invites EFCC to probe agency —-we are up-to-date on our audited accounts—-NIMASA

Eyewitness reporter
The management of the Nigerian Maritime Administration and Safety Agency (NIMASA) and the House of Representatives seems to be on a coalition course over the disputed audited accounts of the agency.
There appears to be a sharp disagreement over the true status of the accounts of NIMASA which the lawmakers claimed have not been audited in the last five years.
In its report to the members of the House, the  House Committee on Public Accounts accused the management of NIMASA  of not submitting the accounts of the agency for public scrutiny by the office of the Auditor-General.
According to the committee, which carried out an inquest into the allegations of deliberate refusal by non-treasury funded Ministries, Departments and Agencies (MDAs) to remit audited accounts covering 2014 – 2018 to the Auditor General for the Federation, NIMASA’S management has deliberately and blatantly refused to tender its financial accounts in the last five years.
The committee has further alleged that  NIMASA had only rendered the 2014 audited accounts to the Auditor General and was yet to remit its 2015 to 2018 audited accounts.
The committee, therefore, recommended the probe and prosecution of the agency over its consistent refusal to subject its books to public scrutiny.
While adopting the recommendations of the committee, the House frowned at what it described as “despicable action of the management of NIMASA which is in  clear violation of Section 85(3) (b) of the 1999 Constitution”

Hon. Femi Gbajabiamila, Speaker House of Reps

The House also condemned what it called “the recklessness of the agency’s management” stating that in spite of the huge revenue being generated by it from the coastlines, it refused to be audited.
The House Committee, in the course of its investigative hearing, stated that it invited the Minister of State for Transportation, Senator Gbemisola Saraki, Permanent Secretary in the Ministry of Transportation, and some Directors of NIMASA to give reasons for the non-rendition of the accounts by the Director-General to the Auditor General’s Office in compliance with Section 20 of the Procurement Act, 2007, and FR. No. 3129.
The House stated, “The reckless refusal by the management of the agency to render accounts for their stewardship for the past five years now is despicable and is a violation of Section 85(3) (b) of the 1999 Nigeria Constitution.
“All those in office that were responsible should be disciplined and referred to the EFCC to refund all monies received by them from the government for the period 2015 – 2019 to the Treasury in line with FR 3129 of 2009.”
However, the management of NIMASA has faulted the claims and allegations of the lawmakers which it described as “fundamentally incorrect”
According to Ubong Essien, the Senior Assistant on Communications and Strategy to Dr Bashir Jamoh, the Director-General, the agency has updated its financial records up to 2018 which had been forwarded to the Auditor-General.
He further stated that the agency is currently working on its 2019 and 2020 accounts that would be forwarded to the Auditor-General ahead of the September 30th, 2021 window for submission.
“The allegation is fundamentally incorrect as the agency has updated its financial records up to 2018 and forwarded them to the Auditor-General which can easily and readily be verified.
”  The 2019 and 2020 accounts are currently being prepared ahead of the September 30th 2021 statutory window for submission,” the agency said through its official information channel.
Osagie Edward, the Assistant Director, Public Relations of NIMASA, corroborated the position of Mr Essie.
He told our correspondent that the audited accounts of the agency are there for the public to see.
“No responsible public agency like NIMASA will fail to comply with the statutory provisions of the public accounting system by submitting its books for auditing” Osagie declared with a tinge of confidence.
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Customs

How NPA’ s ETO call- up system hampers seamless export processes at Lilypond Terminal — Customs

Funso OLOJO 
The Customs Area Controller of the Lilypond Export Command, Comptroller Ajibola Odusanya, has attributed the persistent delay in export cargo movement at the command to logistics issues associated with the Nigerian Port Authority’s Eto call-up system, rather than any bottlenecks from the Nigeria Customs Service (NCS).
Eto call- up system is a structured movement of container- laden trucks into the terminals meant to decongest Port access road and facilitate quick goods clearance at the port.
It was developed by the NPA and driven by a private company.
However, Comptroller Odusanya, speaking at a Roundtable with members of Maritime Reporters Association of Nigeria (MARAN),emphasized that while the command has streamlined the export process,  lack of available slots for trucks to enter the ports remains a major challenge.
 He noted that despite the command’s efforts, numerous containers remain stranded at Lilypond due to the inability of trucks to secure clearance under the Eto system.
He explained that prior to the implementation of a centralized export processing system, multiple customs units across Apapa, Tin Can, PTML, and Lekki ports handled export documentation.
However, in July 2024, the government directed the full centralization of all export processes under the Lilypond Export Command.
This move, driven by the Presidential Enabling Business Environment Council (PEBEC) and backed by agencies such as the Nigerian Export Promotion Council (NEPC) and the Nigerian Ports Authority (NPA), was aimed at streamlining operations and reducing multiple checkpoints.
Odusanya revealed that between January and December 2024, the command processed exports valued at approximately $1.9 billion, a figure that could have been higher if the consolidation had occurred earlier in the year.
He added that in February 2025 alone, the command facilitated exports worth $225.1 million.
He attributed these successes to inter-agency collaboration, with Customs working alongside the Department of State Services (DSS), the National Drug Law Enforcement Agency (NDLEA), and quarantine services, among others.
Despite the improved export facilitation, Odusanya acknowledged that challenges persist, particularly with the Eto call-up system, which has created logistical constraints.
 He explained that export containers often get delayed at Lilypond not due to customs processes but because of congestion at the ports, caused by import containers awaiting clearance.
He pointed out that while Apapa remains the busiest port for exports, the congestion problem is less severe at Tin Can due to the presence of an export processing terminal.
On the issue of the Nigerian Export Proceeds (NXP) form, Odusanya stated that the command has ensured compliance with all regulatory requirements.
 He, however, acknowledged exporters’ concerns about the process and assured that Customs is working to facilitate seamless trade while ensuring adherence to financial regulations.
He urged maritime stakeholders, including the media, to continue sensitizing exporters on the ease of processing export goods through Lilypond, emphasizing that the command operates transparently and does not condone extortion.
He reiterated that officers at the entry points are strictly there to verify processed cargo and not to serve as an additional checkpoint.
Odusanya concluded by reaffirming the commitment of the Lilypond Export Command to supporting Nigeria’s growing export sector, ensuring efficiency in cargo movement, and addressing any emerging challenges in collaboration with relevant stakeholders.
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Economy

Dangote group remits N402.3 billion tax to government coffers in 2024

Gloria Odion 
The Pan African Conglomerate, Dangote Industries Limited and its subsidiaries, have disclosed that it paid over N402 billion in taxes in 2024, making it the highest taxpayer in the country.
Dangote’s Chief Branding and Communication Officer, Anthony Chiejina, declared during a meeting with some senior media executives who visited him in his Lagos Office.
He said Dangote Industries Limited (DIL) and its subsidiaries, namely, Dangote Cement, NASCON, Dangote Packaging Limited among others, remitted a total of N402.319billion for the out-gone year as taxes as responsible business enterprises.
Recall that Federal Inland Revenue Service (FIRS) had in late 2024 recognised  Dangote group and its subsidiary, Bluestar Shipping as the most tax compliant organizations in the country during its Special Day at the 2024 Lagos International Trade Fair organised by the Lagos Chamber of Commerce and Industry (LCCI).
The Federal Inland Revenue Service is Nigeria’s agency responsible for assessing, collecting and accounting for tax and other revenues accruing to the Federal Government of Nigeria.
Chiejina told his visitors that as a responsible business organisation, DIL and its subsidiaries have never shieded away from its obligations either to the government in the form of tax payment at all levels or to host communities in the form of Corporate Social Responsibility (CSR).
According to him, the Group’s corporate strategy has evolved just as its businesses have grown, matured and diversified into new sectors and regions over the last four decades.
He noted that Dangote Group has almost single-handedly taken Nigeria to self-sufficiency in cement and refined petroleum products and is expanding rapidly across Africa.
Dangote Group and its subsidiaries were recognised as number one most compliant in tax payment in the country, just as its subsidiary Dangote Cement, the country’s leading cement manufacturer, at another occasion won three awards at the FMDQ Gold Awards in Lagos as the most active business in the Foreign Exchange market.
Dangote Cement Plc was adjudged as the Largest Commercial Paper Quotation on FMDQ and Single Largest Corporate Debt Issue on FMDQ.
 Also, Dangote Industries Ltd also emerged as the “Most active corporate in the foreign exchange market”.
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Headlines

NIWA Chairman charges Oyebamiji to phase out wooden boats from Nigeria’s waterways

Funso OLOJO 
The newly appointed Chairman of the National Inland Waterways Authority (NIWA), Hon.Musa Sarkin-Adar, has charged the management team of the Authority led by its Managing Director, Bola Oyebamiji, to phase out wooden boats from Nigeria’s waterways.
Musa Sarkin-Adar, who paid a
 familiarization visit to the management team of NIWA in its Abuja liaison office, in a bid to minimize boat mishaps on the waterways.
He believed it would be a lasting legacy for the present leadership of NIWA if accidents could be minimized on the Waterways.
The Chairman’s advice is however in alignment with the NIWA’ s resolve to stamp out wooden and rickety boats on waterways.
However, Musa Sarkin-Adar further encouraged the NIWA team to do more in connecting other states in the water transportation.
He emphasized on the need for the involvement of the private sector in the development of water transportation, as government cannot do it alone.
In his response, Oyebamiji expressed appreciation for the visit and encouraging words of the chairman and pledged the commitment of of NIWA management to make the nation’s waterways safe and secure.
Oyebamiji also commended the efforts of his management team in the development of the Inland Waterways
Transportation sub-sector.
According to him, he is blessed with an experienced and dedicated team which he cannot take the glory alone.
The Chairman’s visit was attended by all the management staff of the Authority.
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