FG Rules Out Fuel Price Increase Despite Rising Pump Costs
Her remarks come at a time when motorists are already feeling the pinch, with fuel prices climbing from about Shs4,800–5,000 per litre to around Shs5,250–5,260 per litre in many parts of the country.
“We are closely watching and Monitoring companies that want to take advantage of this situation and exploit Ugandans,” said Nankabirwa
The minister said the government anticipated possible disruptions in global oil supply and acted early to secure fuel from alternative sources. She noted that this move was aimed at keeping the country stable and avoiding the sharp price spikes seen during the early stages of the Russia-Ukraine War.
According to Nankabirwa, the Uganda National Oil Company played a key role by partnering with suppliers capable of delivering fuel from different markets…Proceed; Reading Original.
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