A House of Representatives committee has expressed anger and shock as the Nigeria Maritime Administration and Safety Agency (NIMASA) publicly justified the sales of 82 vehicles for the sum of N5.8 million over the past 12 years.
The documents presented to the committee showed that Peugeot Expert Ambulance with a reported market value of N200,000 was sold at liquidation/auction value of N95,000; Honda Civic Saloon Car with market value of N170,000 was sold at N76,500; Toyota Hilux (Grounded) with market value of N300,000 was sold at N140,000; another Toyota Hilux (Accident) with market value of N200,000 was sold at N96,000 while another Toyota Hilux (Grounded) with market value of N250,000 was sold at N115,000.
