Rwakitura — President Yoweri Kaguta Museveni has confirmed that Uganda’s oil production is expected to commence later this year, emphasising that the revenues should be invested in long-term national assets rather than distributed directly to local governments. Speaking while receiving his re-election results at his country home in Rwakitura, Museveni highlighted the importance of using…
President Yoweri Kaguta Museveni has cautioned Ugandans against treating the country’s oil as permanent wealth, insisting that the petroleum resources in the Albertine region must be managed prudently to create lasting economic benefits beyond the 20–25 years of production. Addressing supporters in Buliisa Town Council on Thursday during his campaign trail in the Bunyoro sub-region,…
President Yoweri Kaguta Museveni has cautioned Ugandans against placing excessive hope in the country’s upcoming oil revenues, urging households to prioritise sustainable wealth creation through commercial agriculture. Speaking during a campaign rally in Masindi Municipality on Wednesday, December 10, 2025, President Museveni said that while Uganda’s oil production—set to begin in 2026—will significantly boost national…