I watched the interview, the guy is good in a philosophy/ jurisprudence. Putting him against educated debaters beats logic, Jeff should call his equals- Advocates- and then we can infer his prowess. I propose @Ndonglaw043
When people talk about MMFs and all kinds of investments, remember no one wakes up just to make you money. Most investment firms including those investing in government securities like treasury bills and bonds are mainly using your money to generate profits and then giving you a fraction of the returns. And if things go south, it’s usually your funds carrying the risk.
Today at Nakasero, I met Mr. Aliko Dangote and we discussed the proposed East African regional refinery.
I informed him that from the very beginning, we have always opposed the export of raw materials without value addition. That is why Uganda delayed oil production because we insisted on first having a refinery. Without refining our oil, it would not make economic or strategic sense to simply export crude oil while others benefit from the finished products.
I, therefore, welcomed the idea of a bigger regional refinery because our objective is African integration and shared prosperity. We cannot continue operating as fragmented and weak markets. If East Africa works together, such projects become more viable and beneficial to our people.
Uganda is ready to support the regional refinery initiative while also continuing with the development of our own refinery in Hoima.
Breaking update on fuel Prices:
EPRA has sharply increased fuel prices for the month of May 15 to June 14, 2026.
— Super petrol up by Sh16.65 to Sh214 per litre
— Diesel up by Sh46 to Sh243
— Kerosene remain Unchanged.
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