The management of the Katsina State Transport Authority says N431 million in revenue made in 2016 and 2017 was unaccounted for.
“We wish to clarify that the outstanding unaccounted expenditure of more than N407 million and the N24 million unaccounted revenue, as referred to in the report, were not incurred under the current management of KTSTA.
“These outstanding amounts were incurred between 2016 and 2017 before the current management came on board,” said KTSTA spokesman Musa Sa’idu, reacting to a publication on the Katsina auditor-general’s report for the year ended December 2023.
He said the present management, led by the managing director, Haruna Musa-Rugoji, came on board in 2018, and since he was appointed, no financial mismanagement has been reported in KTSTA.
When the Musa-Rugoji-led management of KTSTA came on board in 2018, he said, it inherited a debt of over N50 million, which was cleared.
“It also met and cleared other debts that include salaries, imprest, allowances and all other related liabilities owed to KTSTA staff members, dealers and traders of vehicle spare parts, among other things.
“The management also met 106 vehicles, out of which 57 were grounded with various degrees of mechanical, electrical and maintenance faults. Today, all KTSTA buses are in good condition, serviceable and are generating revenue for the state government,” he said.
Mr Sa’idu said that the revenue earned by KTSTA was being managed prudently under the current management.
(NAN)
