• Latest
  • Trending
Inside The Monday Cabinet Meeting Where M7 Furiously Branded NSSF’ 5trn Bwebajja Office Complex Deal Extortionist & Chased Away Top Bosses As Nabbanja Pleaded

Inside The Monday Cabinet Meeting Where M7 Furiously Branded NSSF’ 5trn Bwebajja Office Complex Deal Extortionist & Chased Away Top Bosses As Nabbanja Pleaded

03/10/2025
Tensions Rise in Gulu as Parliamentary Candidate Mugabe Blames State for Campaign Terror, Minister Mao Slams Institutions

Tensions Rise in Gulu as Parliamentary Candidate Mugabe Blames State for Campaign Terror, Minister Mao Slams Institutions

15/12/2025
M7 Ponders Making Bigirimana Defence PS

M7 Ponders Making Bigirimana Defence PS

14/12/2025
Magnanimous As Always, Gen Salim Saleh Rehabilitates Sylivia Muwebwa Ntambi Who Stood up Sudhir Ruparelia & Crashed Badly In 2021

Magnanimous As Always, Gen Salim Saleh Rehabilitates Sylivia Muwebwa Ntambi Who Stood up Sudhir Ruparelia & Crashed Badly In 2021

14/12/2025
Gashumba, Chairman Toyota Set to eat big in upcoming PLU Reshuffle

Gashumba, Chairman Toyota Set to eat big in upcoming PLU Reshuffle

14/12/2025
Masaka Diocese’s Bishop Jjumba Now Has Where to  Start from as Army Says it Has Father Deus Ssekabira

Masaka Diocese’s Bishop Jjumba Now Has Where to Start from as Army Says it Has Father Deus Ssekabira

15/12/2025
JUST ASKING: Has Kabaka’s CBS Radio Endorsed Museveni’s Re-election?

State House Orders Kla M7 Campaigners to Stop Using Too Much English While Seeking Votes for the President In Remaining Days

13/12/2025
Take Charge of 2026 Elections or Get Out of the Job! Acholi Bishop Demands of EC Boss Justice Byabakama Following the 6th Dec Violence NUP’s Kyagulanyi Faced in Gulu

Take Charge of 2026 Elections or Get Out of the Job! Acholi Bishop Demands of EC Boss Justice Byabakama Following the 6th Dec Violence NUP’s Kyagulanyi Faced in Gulu

13/12/2025
Mere Pleading Guilty Can’t Save You from Serving Jail Term Because You Committed the Offence! Trial Magistrate Kamasanyu Rebukes Senior Telecom Engineers Who Confessed Stealing ATC lithium Batteries

Magistrate Kamasanyu Guides on Plea-Bargaining Procedures as Two Telecom Engineers Consider Pleading Guilty to Telecom Equipment Vandalism Charges

13/12/2025
Minaana’s Torture Allegations Against State Attorney Birivumbuka Spark Outrage as ODPP Demands Accountability

Minaana’s Torture Allegations Against State Attorney Birivumbuka Spark Outrage as ODPP Demands Accountability

13/12/2025
Regional Advocate Mivule Urges Speaker Among to Organize Regional Baraza Before EALA MPs Depart-Saying This Will Deepen Integration & Increase Relevancy for The Regional Assembly

Regional Advocate Mivule Urges Speaker Among to Organize Regional Baraza Before EALA MPs Depart-Saying This Will Deepen Integration & Increase Relevancy for The Regional Assembly

13/12/2025
Ken Lukyamuzi: Hon Kyagulanyi Has Failed to Lead Opposition Properly

Ken Lukyamuzi: Hon Kyagulanyi Has Failed to Lead Opposition Properly

13/12/2025
Party Cash War: Broke Lukyamuzi Demands Law Change After EC Funding Denial

Party Cash War: Broke Lukyamuzi Demands Law Change After EC Funding Denial

13/12/2025
mulengeranews.com
  • Home
  • NEWS
    • GENERAL NEWS
    • MORNING BRIEFING
    • THE GIRAFFE
    • INVESTIGATIONS
    • INTERVIEWS
  • ECONOMY WATCH
    • BUSINESS NEWS
    • BUSINESS FEATURES
    • ENERGY
    • OIL & PETROLEUM
  • HEALTH & LIFESTYLE
  • GOSSIP
    • CORPORATE BUZZ
    • POLITICAL TRIVIA
    • CELEBRITY VIBE
    • CORPORATE EVENTS
  • UPCOUNTRY
    • UPCOUNTRY FEATURES
    • UPCOUNTRY NEWS
  • FLASHBACK
    • HISTORY-INSPIRED ARTICLES
    • POLITICAL SERIES
  • More
    • EDUCATION
    • MATTERS OF FAITH
    • CHRISTIAN FAITH
    • MUSLIM FAITH
    • P’PLE PROFILES
    • WEDDINGS & MARRIAGES
    • CONTACT US
No Result
View All Result
  • Home
  • NEWS
    • GENERAL NEWS
    • MORNING BRIEFING
    • THE GIRAFFE
    • INVESTIGATIONS
    • INTERVIEWS
  • ECONOMY WATCH
    • BUSINESS NEWS
    • BUSINESS FEATURES
    • ENERGY
    • OIL & PETROLEUM
  • HEALTH & LIFESTYLE
  • GOSSIP
    • CORPORATE BUZZ
    • POLITICAL TRIVIA
    • CELEBRITY VIBE
    • CORPORATE EVENTS
  • UPCOUNTRY
    • UPCOUNTRY FEATURES
    • UPCOUNTRY NEWS
  • FLASHBACK
    • HISTORY-INSPIRED ARTICLES
    • POLITICAL SERIES
  • More
    • EDUCATION
    • MATTERS OF FAITH
    • CHRISTIAN FAITH
    • MUSLIM FAITH
    • P’PLE PROFILES
    • WEDDINGS & MARRIAGES
    • CONTACT US
No Result
View All Result
mulengeranews.com
No Result
View All Result
Home NEWS

Inside The Monday Cabinet Meeting Where M7 Furiously Branded NSSF’ 5trn Bwebajja Office Complex Deal Extortionist & Chased Away Top Bosses As Nabbanja Pleaded

by Mulengera
11 months ago
in NEWS
0 0
Inside The Monday Cabinet Meeting Where M7 Furiously Branded NSSF’ 5trn Bwebajja Office Complex Deal Extortionist & Chased Away Top Bosses As Nabbanja Pleaded
Share on FacebookShare on Twitter
By Mulengera Reporters
During a recent Cabinet meeting, a team from NSSF came to present details about the Bwebajja government administrative offices campus which is meant to house offices for all government of Uganda MDAs.
The idea is get all the MDAs in one place to increase efficiency while saving on the billions that go into renting office premises. The same intervention will help to decongest Kampala City which ought to be left to concentrate on commercial and business activities.
President Museveni, who is very contemptuous of GoU MDAs having to operate in rented premises, has for long been very outspoken and supportive of the government campus idea at Bwebajja.
Funding had always been a problem until some wisdom emerged during one of those State House meetings that this is something Uganda’s NSSF could ably handle; provide the funding, do the construction and gradually recover their savers’ money from the government which, gratefully, can never default. Museveni whole-heartedly bought into this NSSF involvement idea because it can save on the country’s scarce foreign exchange.
During a recent Cabinet meeting, a slot was provided for teams from NSSF to come and update Cabinet (the Ministry for Presidency is the implementing GoU agency which explains why even Hajji Yunnus Kakande was there too).
It was communicated during the Cabinet meeting, which President Museveni personally prioritised and attended, that NSSF was availing a total of Shs1.3trn which would be lent to the GoU at the interest of 21%. The President demanded to know how much the NSSF would end up recouping and getting back at the end of the loan recovery period. It was disclosed to him that this total would come to Shs4.7trn.
Even when this would be after the construction of the entire government offices campus, when everything is fully in place, Gen Museveni instantly hit the roof. Saying this was open “stealing, thefty and cheating the government,” the President furiously shut up whoever was speaking in favor of this “broad day plunder” and that was the end of the discussion on NSSF providing the funding.
Some leaders from both the Gender Ministry and OPM tried to defend the NSSF funding terms but the President wouldn’t give his ear to any of the stuff they were saying.
“That’s all broad day theft. Let’s call it cheating and stealing from the government of Uganda because that’s what it is. In fact, we should get our own money and forget about this NSSF circus,” Museveni roared as Prime Minister Robinah Nabbanja pleaded with him to allow the NSSF team more time to go back and review their entire presentation and be given another date to return and make a more realistic submission.
The President, who was equipped with facts showing that there is a lot of concessional funding whereby international lenders are willing to lend the GoU at an interest which is as low as 2-3%, said he was tired of being taken for granted. The man from Rwakitura made reference to the SGR and several other public infrastructural projects in education and health sectors which have been funded using money lent to the GoU at a much lower rate than NSSF’s 21% for the Bwebajja-based GoU administrative offices campus.
At the end of it all, the paper was deffered as the concerned officials at OPM and the Gender Ministry were tasked to go sit down with the team from the Ministry of Presidency to come up with a more realistic submission that is less extortionist and can effectively align with the President’s patriotic desire to give priority to locally-sourced lenders or funders for the government administrative offices campus project. (For comments on this story, get back to us on 0705579994 [WhatsApp line], 0779411734 & 041 4674611 or email us at mulengeranews@gmail.com).
Post Views: 2,687

Related Posts

Tensions Rise in Gulu as Parliamentary Candidate Mugabe Blames State for Campaign Terror, Minister Mao Slams Institutions
NEWS

Tensions Rise in Gulu as Parliamentary Candidate Mugabe Blames State for Campaign Terror, Minister Mao Slams Institutions

3 hours ago
M7 Ponders Making Bigirimana Defence PS
NEWS

M7 Ponders Making Bigirimana Defence PS

14 hours ago
Magnanimous As Always, Gen Salim Saleh Rehabilitates Sylivia Muwebwa Ntambi Who Stood up Sudhir Ruparelia & Crashed Badly In 2021
NEWS

Magnanimous As Always, Gen Salim Saleh Rehabilitates Sylivia Muwebwa Ntambi Who Stood up Sudhir Ruparelia & Crashed Badly In 2021

15 hours ago
Gashumba, Chairman Toyota Set to eat big in upcoming PLU Reshuffle
NEWS

Gashumba, Chairman Toyota Set to eat big in upcoming PLU Reshuffle

15 hours ago
Masaka Diocese’s Bishop Jjumba Now Has Where to  Start from as Army Says it Has Father Deus Ssekabira
NEWS

Masaka Diocese’s Bishop Jjumba Now Has Where to Start from as Army Says it Has Father Deus Ssekabira

20 hours ago
JUST ASKING: Has Kabaka’s CBS Radio Endorsed Museveni’s Re-election?
NEWS

State House Orders Kla M7 Campaigners to Stop Using Too Much English While Seeking Votes for the President In Remaining Days

2 days ago

  • #13266 (no title)
  • Contact
  • Home
  • Homes

Copyright © 2025 All Rights Reserved by Mulengera News.

No Result
View All Result
  • #13266 (no title)
  • Contact
  • Home
  • Homes

Copyright © 2025 All Rights Reserved by Mulengera News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?