The Oyo State House of Assembly has ordered a comprehensive investigation into the activities of the state-owned Pace Setter Transport Services (PTS).
This decision was made after the House Committee on Transport presented its interim report, which revealed several concerns, including the lack of a legal framework guiding the operations of PTS.
The Committee, chaired by Hon. Babajide Adebayo, was given a two-week ultimatum to interface with PTS management and officials.
The report highlighted that the Sole Administrator, Dr. Oladeji Salami Ibrahim, had recruited 106 additional staff without proper authorization.
The Deputy Speaker Hon. Muhammed Fadeyi countered the claim that PTS is an independent agency, stating that the House has the constitutional right to investigate any agency funded by taxpayers’ money.
Hon. Dele Adeola praised Governor Engr. Seyi Makinde for upgrading PTS to alleviate transportation costs following the fuel subsidy removal.
The Speaker, Rt. Hon. Adebo Ogundoyin, instructed the Committee to conduct a thorough investigation into PTS, focusing on staff auditing, operations, and finances, including state government subventions and revenue generation.
The Speaker also urged the executive arm to establish laws governing PTS through the Ministry of Justice.
“This investigation will also examine state government subventions to the Pacesetter Transport Services and the revenue generated by the company.
This becomes imperative towards ensuring transparency and accountability in the operations of PTS.” Oyo Speaker said.
