Members of Parliament have asked Government to
intervene over the skyrocketing fuel prices, saying businesses are starting to crumble
due to the high transport costs.
The MPs who addressed journalists on Monday, 29th
November 2021 in Parliament say that whereas fuel prices have been rising for months now, Government has remained silent and has not offered any strategy out of the crisis.
Uganda’s fuel prices are the highest in East Africa at ugx4,590 per liter followed by Burundi’s ugx4,290.
Tanzania has the lowest price of ugx 3,780 per liter,
Rwanda ugx4,060, and Kenya, ugx4, 180.
Crude oil prices have been rising
fast for the past eight months following the opening of most economies from the
Fuel demand shot up fast with limited
production and although regular oil production has started, there is still a
gap to cover.
Now MPs say that the country is
in a crisis and the Government needs to give a strategy to intervene.
Denis Sekabira (NUP, Katikamu
North) said that because of the high fuel prices, prices of goods and services
are getting out of hand. He also says that sadly top government officials and politicians
are operators in the fuel business and this is where Government needs to come in and regulate the fuel sector. He says the
government has not played its role to date in relation to the fuel.
He also says that it is shocking that
whereas fuel passes through Uganda to go to the Democratic Republic of Congo
(DRC), fuel prices in Uganda are higher than that in DRC.
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Gaffa (NRM, Igara County West) says that members of Parliament have been
affected as well, but generally Ugandans have been cheated. He says prices of oil have skyrocketed and 10,000
shillings that used to buy two and a half liters can barely get you two liters.
said it is time for Government to use the fuel reserves to provide stability
for the country. He also says Parliament should debate the matter of the high
rising fuel prices so that a solution can be got.
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Balimwezo (NUP, Nakawa East) says Ugandans are failing to meet their basic needs
because of the high costs of things.
says the dealings between Uganda National Oil Company and Stabex and oil marketing
firm should be investigated since it could create a monopoly.