THE National Road Fund Agency (NRFA) on Monday struggled to explain why it couldn’t meet target toll gate collections at some toll stations while over-collecting at others. The latest Auditor General’s report revealed that NRFA over-collected toll fees by K657,935,980. The report noted that the reasons for over-achievement in revenue collection for 2023 was mainly a result of a more favourable business environment than the previous years. “In the Estimates of Revenue and Expenditure for the year 1″ January to December 2023, the Agency had budgeted to collect K2,370,334,419 (Road Toll K2,323,646,455 and Weighbridge fines K46,687,964) against which amounts totalling K3,028,270,399 were collected resulting in an over collection of K657,935,980. The NRFA collected K1,377,623,649 against the budgeted collection of K1,183,996,912,...

This premium content is for paid ePaper subscribers.
Subscribe
Already a member? Log in here