The National Road Fund Agency (NRFA) says it collected a total of K1.212 billion from both inland toll gates and ports of entry against projected collections of K1.046 billion giving an overall collections performance of 116% in the year 2019.
In a statement issued to Money FM News, NRFA Chief Executive Officer Engineer Wallace Mumba said the Agency also received K2.7 billion of the local resources above the budgeted amount of K2 billion, and got K3.4 billion under external resources.
Engineer Mumba also said a total of 5, 958 interim payment certificates were processed from various road contractors and consultants valued at K2.7 billion which is the local component of the mobilized resources and that the Agency saved K29.56 million on the processed certificates.
“During 2019, we continued with the implementation of the national road tolling program through the administration and management of road tolling facilities at inland toll gates and through oversight of collected road tolls at ports of entry.”
“We are pleased to announce that a total of K1.212 billion was collected from both inland toll gates and ports of entry against projected collections of K1.046 billion giving an overall collections performance of 116%,” Engineer Mumba said.
He added that the road sector budget for the financial year 1st January to 31st December 2019 was K6.45 billion with local resources contributing K2 billion, while external resources contributed K4.4 billion.
Engineer Mumba further said the Agency also leveraged on the road tolling Programme and obtained an additional facility from the national pension scheme authority in the amount of K1.8 billion for selected road projects and completion of toll infrastructure for revenue generation.
‘Similarly, an increase of 31% was recorded over 2018 road tolling revenue collections of K926.6 million. The collected road toll revenue in 2019 represented 60% contribution of the 2019 budgeted road sector local resource component” he added.
Engineer Mumba disclosed that a total of 14, 125, 277 vehicle passages were processed in 2019 against 8, 502,797 in 2018 representing an increase of 66% of the 14, 125, 277 vehicle passages 2,431,542 were processed under the local user and frequent user discount schemes compared to 1,083,000 passages in 2018.
He assured stakeholders that toll collections and disbursements is done in an open and transparent manner with continuous monitoring of the tolling system to ensure that any bottle necks are identified and addressed immediately.