Sejusa: after thieves take their cut, oil cash won’t even run State House

Gen Sejusa

Former coordinator of intelligence services in the UPDF, Gen David Sejusa aka Tinyefuza, says the anticipated revenues from Uganda’s oil sector are just a fuss.

“Now let’s see, Nigeria sells 2.4 million barrels a day ($120m daily, official but sells more in the dark). Now Uganda has 1.1 million barrels, when State House spends Shs800m daily!”

Sejusa concluded that Uganda’s oil revenues in the end won’t even run State House with its luxurious expenditure.

“So, despite Tanzania president [John Magufuli] and Mr Museveni dancing to that brass band, producing oil here in Africa is just a fuss,” Sejusa said.

Over the weekend, Museveni and Magufuli laid a foundation stone at the point where the 1,400km Uganda-Tanzania crude oil pipeline will start. The point is in Kabaale parish, Buseruka Sub-county, Hoima District.

Museveni promised to build the oil roads in the shortest time (2 years) so local communities can benefit from these roads like the Hoima- Buseruka one.

He said services like electricity, water and hospitals will be extended to the communities besides the jobs.

But Sejusa insists unless corruption is dealt with and governance improved, it will be the same old story.

“After the thieves have taken their cut and we pay off investor costs etc, with global prices at $50 a barrel or less, Ugandans will be lucky to keep $5.7 a barrel, real earnings if ever,” Sejusa maintained.

He said Uganda’s oil capital and operational expenditures are at a double pricing, (the corruption quarter making the other half) and other global issues.

“Museveni will need someone else to save “his” oil for him as things are out of his hands. Tough!”

Sejusa says one does not need rocket science to know that things are not working insisting that the worst is to know nothing spectacular is being done to reverse trend. “Denial won’t do.”

He said Germany is 340,000 sq km (34% of it arable), Africa 31 million sqkms(with 600million hectares uncultivated arable land) yet Africa imports food from Germany.

“In 80s, Africa was net exporter of agricultural products. No more Africa processed food exports only higher that Middle East which is at 2%. Ok basics, Africa with 60% of world’s uncultivated arable land, but African countries are net importers of food.”

He says the continent spends atleast 35bn on food imports.

He blamed this shame current leaders who are “too tired, tainted and really stuck but just can’t admit”.

He said in the last 40 years, Africa food production has fallen by 13%. The entire Africa with a population of 1.3 billion people and a GDP of 3 trillion.

“Museveni projections on Africa are part of neo-colonial propaganda! What strategic components has Africa come with? Brain power? Science? Governance? Zero.”

He cited upheavals all over saying in the last 10 years, 7.2 million people have died in wars in DR Congo, South Sudan, Burundi, Uganda, Kenya etc.

He suggested an indictment of regional leadership and change.