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President Museveni Urges Ugandans to Join Money Economy for Prosperity

Fredrick Siminyu by Fredrick Siminyu
October 9, 2024
in News
President Museveni Urges Ugandans to Join Money Economy for Prosperity
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President Museveni Urges Ugandans to Join Money Economy for Prosperity

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President Yoweri Museveni has called upon Ugandans to take advantage of the country’s wealth-building programs to overcome poverty and improve their financial status.

Speaking at Uganda’s 62nd Independence Day celebrations, Museveni emphasized the government’s commitment to uplifting Ugandans from poverty.

He highlighted the potential for increased regional trade through partnerships with neighboring countries, including the Central African Republic, DR Congo, and South Sudan.

“We want to persuade the governments of DR Congo and South Sudan to build roads connecting the three countries,” Museveni said, hinting at the possibility of Uganda Airlines establishing a route to Bangui.

Museveni stressed that true prosperity requires instilling principles of Patriotism, Pan-Africanism, Social Economic Transformation, and Democracy among Ugandans.

He warned against identity politics based on tribe, religion, or region, advocating instead for politics driven by shared interests.

“Prosperity comes from producing a good or service and selling it; whoever buys it contributes to your prosperity and vice versa,” Museveni advised.

The President credited the NRM government for shifting from exporting raw materials to value addition, resulting in increased production in sectors like dairy, textiles, cement, and maize.

He proudly announced that 67% of Ugandans are now engaged in the money economy.

Museveni commended the Uganda Peoples’ Defence Forces (UPDF) Chief of Defence Forces, Gen Muhoozi Kainerugaba, for making the parade more efficient.

He called on all patriots to work towards East Africa’s economic integration, stating that it would secure prosperity and strategic security for Africa.

“We are always ready to integrate Africa both economically and politically,” Museveni concluded.

The event featured performances by local musicians, traditional dancers, and a military band, with dignitaries in attendance including Vice President Jessica Alupo and Chief Justice Alphonse Owiny Dollo.

A health camp was held prior to the celebrations, treating over 1,000 patients and providing reading glasses to more than 700.

Forty medals were awarded to honor distinguished service to Uganda.

The 62nd Independence celebrations reflected on Uganda’s 62-year journey, emphasizing the importance of avoiding past mistakes to ensure future progress

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Fredrick Siminyu

Fredrick Siminyu

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