The National Resistance Movement (NRM) Parliamentary Caucus has officially adopted the government’s proposal to table the National Sovereignty Bill 2026, aimed at regulating foreign financial inflows into Uganda and ensuring that all funds entering the country do not compromise its sovereignty.
The announcement was made by Hamson Obua, Government Chief Whip, during a press briefing at Parliament following the NRM Caucus meeting held at State House Entebbe.
Obua explained that the proposed legislation seeks to operationalize or reinforce Article 1, Sub-Article 1 of the Constitution of the Republic of Uganda, which states that all power belongs to the people, who shall exercise their sovereignty.
“The proposed Bill reinforces the standard practice. We were colonized by the British; the UK had similar legislation. So, we are not reinventing the wheel. The proposed bill seeks to regulate foreign financial inflows—those inflows coming into Uganda must be for legitimate reasons and not harmful reasons," he said.
Obua further emphasized the government’s objective: "We want sovereignty 100% and we want to secure that through this law. So, those are four good reasons why government through cabinet has approved this bill.”
Responding to journalists’ questions on why the NRM Parliamentary Caucus backed the Bill, Obua added, “It is for your sovereignty and my sovereignty and the sovereignty of the people of Uganda as envisaged under Article 1, Sub-Article 1 of the Constitution of the Republic of Uganda. Nothing less, nothing more.”