Museveni Points Out Usage Electric Cars As Solution for High Fuel Prices.

Uganda’s President Yoweri Kaguta Museveni has stressed that his government will not cut taxes on fuel imported into the country as requested by several people in a bid to tame skyrocketing commodity prices.

While addressing the country at State House, Nakasero last night, Mr. Museveni acknowledged his knowledge about high fuel prices having affected commodity prices, but emphasized that government will not cut the taxes.

He reasons that cutting or suspending taxes on the fuel will affect Uganda’s economy and cripple other activities in the country that are being carried out using tax payers money like constructing roads, maintaining tight security among others.

Mr. Museveni also asserted that the move will keep Ugandans in artificial comfort, procuring commodities at low prices and driving cheaply yet the country’s economy is shrinking, he says that this is what exactly happened in Sri Ranka that leading  to the downfall of President Rajapaska Gutabayah’s government.

President Museveni explained that high prices on fuel are due to a global agenda aimed at phasing out fuel cars for electric ones as a way of protecting the environment and avert climate changes. This according to Mr. Museveni has resulted into scramble for fuel around the world hence high prices.

He opines that instead of taking on temporary solutions likes subsidies, Ugandans should switch to electric busses and vehicles to go through the current fuel crisis.