Tuesday, 22 November 2016

President Museveni not Intoxicated with the oil and Gas talk



By Nankwanga Eunice Kasirye

President Yoweri Museveni has lashed out at critics   who claim that he has personalized oil and Gas discovered in the western part of the country over a decade back.
 The  president was addressing delegates at the  2016 Uganda International  oil and Gas  Conference where he pointed at the civil society  for the promoting the Museveni's oil agenda
Museveni assured the critics that he is not intoxicated with the talk on oil and gas like other people. He  went ahead to clear the air saying that Agriculture has been here  for years and will stay therefore the idea of depending on oil and gas alone is not rational, after all countries like Japan have developed without  oil and gas but Human resources
President Museveni went back to his rhetoric of using the oil money to build a sound country economy, develop electricity from Hydro, and renew energy, Solar, fund sciences and innovation.
 The President also said that Uganda has over 350 Metric tons of Iron Ore and the reserves are  likely to increase to 1 billion therefore the need for investors in this sector.

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