The Federal Executive Council (FEC) presided over by President Muhammadu Buhari, today ordered the probe of past managements of the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Joint Admission and Matriculation Board (JAMB) over allegations they failed to remit revenue.
This was confirmed by Minister of Finance, Kemi Adeosun, while speaking to State House correspondents after the meeting which lasted four hours.
Adeosun described the looting in both agencies as “massive”.
Records show JAMB, which was remitting N3million annually, had this year alone remitted N5billion.
Adeosun said the council resolved that the past managements of the NIMASA and JAMB should be called to account.
The Minister also hinted that other undisclosed revenue agencies, would also be investigated.