Home Central Africa Ugandan president commits oil money for infra development

Ugandan president commits oil money for infra development

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· Ugandan President Museveni said he would in the next two years use Uganda’s oil to fund construction of road projects if donor partners like the UN organizations fail to raise sufficient funds to underwrite the expenses

· The road will connect Uganda to Ethiopia through Karamoja to Turkana’s main oil producing town of Lodwar. Once this road is operational, it will facilitate trade between the two countries

Ugandan President Museveni said he would in the next two years use Uganda’s oil to fund construction of road projects if donor partners like the UN organizations fail to raise sufficient funds to underwrite the expenses.

Speaking at a function, President Museveni told United Nations officials that they had two years to build a road connecting Uganda to Ethiopia. If that did not materialize, Uganda would fund road construction using oil money. The road will connect Uganda to Ethiopia through Karamoja to Turkana’s main oil producing town of Lodwar. Once this road is operational, it will facilitate trade between the two countries.

The president urged the United Nations to use their advocacy abilities to get the money for Uganda to build a road connecting Uganda to Ethiopia through Kenya. He also noted that the request would only stand for two years, after which Uganda would build the road on its own.

The President’s announcement is two years ahead of the 2023 deadline when Uganda, Tanzania and venture partners expect to have completed the construction of the heated pipeline for transportation of oil through the port of Tanga in Tanzania. It should be noted that Uganda failed to pull off earlier deadlines set for the completion of the oil wells.

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