Uganda People’s Congress (UPc) party has cautioned government of Uganda on her decision to Monopolize and reclaim Oil imports.
This comes after the energy minister hon.Ruth Nankabirwa recently tabled a bill in parliament from cabinet where government is going to be buying bulk petroleum products under Uganda national oil company (UNOC).
UPC spokesperson Sharon Ayat Arach while addressing the media at Uganda House on Wednesday revealed that the move requires the capacity to deliver at a national level, which is not an easy undertaking and thus the line ministries of Finance and Energy which are the key stakeholders and Uganda National Oil Company have to be more focused and
ready to steer the country forward which UPC says is such a huge task to them.
She added that anything sort of untimely delivery of fuel in the
country is bound to plunge the economy in deep waters and yet recovery can be very much difficult.
Ayat went on to say that such move was first brought by former president Milton Obote while officiating labour celebrations at Nakivubo stadium in 1970 but it didn’t materialize as he was overthrown by Idd Amin the following year.
“To a lay man, the cost of buying fuel directly from bulk suppliers is good economics and makes a lot of saving, but our challenge has been the capacity to deliver on government policies as our institutions are weak and have to grapple with challenges of personal
interests and corruption”,she said.
