President Yoweri Kaguta Museveni reiterated that the government has no solution to the runaway fuel and other commodity prices.
Addressing the country last evening at State House Nakasero, Museveni insisted that contrary to popular calls, it would be a mistake to subsidise or cut taxes on fuel.
Museveni said that the ultimate solution to the high fuel prices lays in shifting away from petroleum to electric motor vehicles and motor cycles and using the railway. Mr. Museveni on fuel 1….
He added however that he was aware that people need immediate solutions to the current high prices as they wait for the long-term solutions that includes rehabilitating the railway system and also the production of electric vehicles.
The president said Ugandans should applaud the NRM government for being revolutionary by moving the country away from dependency not only on imported commodities but also export of a few agricultural products such as coffee, cotton and tea. Mr. Museveni on imports 2…
Museveni said Uganda is only having a problem of high prices for four commodities; fertilizers, vegetable oil, wheat and fuel.
He however said that his government is thinking about subsidizing fertilisers before the country starts producing its own in Sukulu Tororo. END.