Showing posts with label Minister of Finance. Show all posts
Showing posts with label Minister of Finance. Show all posts

Thursday, January 7, 2016

#BBB NEWS| NIMASA Collected Revenue In Dollars, Remitted Naira – FG

The Minister of Finance, Mrs. Kemi Adeosun (pictured above) , on Wednesday, said the Nigerian Maritime Administration and Safety Agency had not been remitting the revenues generated to the government’s coffers.

The immediate past Director-General of NIMASA, Patrick Akpobolkemi, is currently facing 40 counts of fraud and money laundering to the tune of N34.5bn.

Adeosun specifically stated that in some instances, NIMASA collected revenue in dollars but paid naira into the government’s account.

The minister said this while addressing journalists after the first Federal Executive Council meeting of the year inside the Presidential Villa, Abuja.

She explained that the requirement was that such money should go to the Central Bank of Nigeria which would convert the money to naira.