Besigye blasts government over failure to have fuel reserves

By Muhamadi Matovu | Sunday, April 3, 2022
Besigye blasts government over failure to have fuel reserves
Dr Kizza Besigye

Besigye to Museveni;” You called Idi Amin who built oil reserve tanks 'swine', what name should we call someone like you who has done nothing?”

Former FDC president Dr Kizza Besigye has lashed out at President Museveni for failure to build oil reserves in the country, noting that this has made Uganda to remain in the state of vulnerability.

Keep Reading

Besigye’s remarks were triggered by the initiative taken by US President Joe Biden, to release of 1 million barrels of oil per day from the nation’s strategic petroleum reserves for six months.

This was in a bid to control energy prices that have spiked after the United States and allies imposed steep sanctions on Russia over its invasion of Ukraine.

Topics You Might Like

Museveni Besigye fuel reserves Besigye blasts government over failure to have fuel reserves News

Besigye said the step taken by Biden is aimed at cushioning Americans from an increase in fuel prices due to the Ukraine war.

Besigye explained that oil and Central Bank reserves are cushions for tough times, adding that it is unfortunate that in Uganda, we have zero reserves.

“President Idi Amin (among those former leaders called “swine” by Mr. Museveni), built oil reserve tanks in Jinja and had fuel reserved! This was nearly 50yrs ago. The last we heard of these (Amin) reserve tanks was that the NRM/M7 Junta had rented them to some private people,” he said.

The last couple of months have been hard for Ugandan as the cost of living has soared due to a spike in commodity prices.

While the situation has been largely blamed on external factors such as Russia’s invasion of Ukraine and the subsequent disruption of the global supply chain, people have cried out to government to urgently find measures to cushion them.

Last month the government revealed that it had sorted out fuel supply challenges, adding that pump prices would normalise.

However, nearly a month after the proclamation, pump prices are still above Shs5,000, which is an average increase of Shs400 from the price before the crisis hit the country at the close of 2021.

 

 

What’s your take on this story?

Important update — help others stay aware

Get Ahead of the News.
Stay in the know with real-time breaking news alerts, exclusive reports, and updates that matter to you.

Tap ‘Yes, Keep Me Updated’ and never miss what’s happening in Uganda and beyond—first and fast from NilePost.