Museveni tells soldiers to invest in rental houses to boost their incomes
President Museveni, who is also the Commander-in-Chief of the armed has urged soldiers to use loans they get from the Wazalendo Sacco wisely by constructing rentals in their areas and other income generating activities that will help them improve their incomes.
“When you borrow money, you should use it for the construction of rentals near your trading centre and build a personal house when you are about to retire,”Museveni advised.
Keep Reading
Museveni, is currently on a countrywide tour of all the UPDF) barracks in a bid to acquaint himself with the situation and the challenges faced by soldiers on Monday visited the 3rd division headquarters in Moroto district.
UPDF’s Wazalendo Sacco has over 70,000 members and is the biggest sacco in the country.
Museveni told soldiers that money they borrow from their savings scheme can be of great use to them if they invest it wisely other than spending it on luxuries like cars and motorcycles.
He also advised spouses of soldiers to engage in income generating enterprises such as weaving of sweaters, among others which he said would greatly help them generate some income rather than wait for their spouses’ salaries.
He injected shs100 million into the Sacco for the wives of the soldiers for the UPDF 3rd division.
NRA principles
Museveni also reminded the officers and men of the 3rd division of the principles of a liberation army that including patriotism, Pan-Africanism, socio-economic transformation and democracy which he said should be followed.
“Your work is to ensure prosperity for our people; that families have income, live in good houses, send children to school, have good health and easy mode of transport,” he said.
He encouraged senior officers of the UPDF to internalize those principles for effective impact, especially for prosperity of all in Uganda.
‘The mission of a liberation army is to work for the prosperity of the country by believing that the country can protect the interest of the people. So the mission of UPDF is Patriotism, loving your country, East Africa and Africa at large.”
He pointed out that by insisting on modernization, an area like Karamoja, is gradually getting a new face where infrastructure is available prompting other infrastructure including businesses like hotels whose construction is currently ongoing.
“By insisting on modernization and peace, Karamoja is changing. The population is growing due to the policy of disarmament of 41,000 illegal guns at the hands of the cattle rustlers and that of immunization. Electricity is available and road infrastructure is in place. Karamoja will become an industrial zone,” he noted.
Regarding accommodation for soldiers, he said 30,000 units are to be constructed by the UPDF’s engineering brigade starting in July this year.
On health, Museveni reiterated his call to all soldiers to value their lives by not living recklessly.
He advised them to avoid alcohol, promiscuity smoking.
He pledged to ensure that children of soldiers receive the necessary education.
