We Cleared ₦50m Inherited Debt – KTSTA B
The Managing Director of the Katsina State Transport Authority (KTSTA), Haruna Musa Rugoji, has stated that his administration successfully cleared ₦50 million inherited debts while improving the agency’s operations and financial management.
Responding to the Katsina State Audit Report for 2023 which cited both commendations and concerns, KTSTA clarified that any financial irregularities mentioned in the report were from a previous administration.
According to the agency, the unaccounted expenditure of ₦407,203,495.50 and revenue loss of ₦24,014,096.50 occurred between 2016 and 2017 before Rugoji’s tenure began in 2018.
“When we assumed office, KTSTA was burdened with over ₦50 million in debt, including unpaid salaries, allowances, imprest, and outstanding payments to vehicle spare parts dealers. We have since cleared all these liabilities,” Rugoji said.
The MD, in a statement signed by his Public Relations Officer (PRO) Musa Sa’idu further disclosed that his administration inherited 106 vehicles, with 57 of them grounded due to mechanical and electrical faults.
He however stated that through strategic reforms and a Public-Private Partnership (PPP) model, the agency restored all its buses to operational condition, making them revenue-generating assets for the state.
KTSTA also announced the opening of new substations in various local government areas to expand transportation access for residents.
Emphasising his commitment to transparency, Rugoji assured that under his leadership, all funds generated by KTSTA are managed efficiently, aligning with Governor Malam Dikko Radda’s zero-tolerance stance on corruption.
“We remain committed to running KTSTA prudently and transparently while delivering top-notch transport services to the people of Katsina State,” he concluded.
