President Yoweri Tibuhabulwa Kaguta Museveni is set to address the country this coming Sunday about the skyrocketing commodity prices.
This has been confirmed by Ms. Lindah Nabusayi, the Senior Presidential Press Secretary in her Thursday morning tweet.
According to her, the presidential address will mainly focus on the rising prices and the countrys current economic situation at large on Sunday at 8pm.
“Kaguta Museveni will this Sunday May 22, 2022, at 8pm address the Nation to update Ugandans on the current Economic situation. The address will be broadcast live from Nakasero State Lodge. Please save date & tune in, to all Television and Radios @KennethOmona, Nabusayi said in a Tweet.
The presidential address comes at the backdrop of sarcastic comments from Finance Minister Matia Kasaija who said Ugandans should embrace for more tough times ahead as the government is not willing to reduce taxes, not even the rising fuel and commodity prices.
A number of commodities have seen their prices increase at a terrific speed, a situation which has mainly been attributed to the Russia-Ukraine war that saw fuel and gas prices go up.
The cost of soap for example has more than doubled from 3500 Shillings a bar to 7500 Shillings, While Petrol has shot up to 5500shs and DIesel is now between 5000-5600 at various fuel stations.
The leader of the political pressure group, Peoples Transition Group, Col (Rtd) Dr Kizza Besigye, Thursday attempted to demonstrate against the high cost of living and vowed to continue with his activism once police leave his premises as police had put him under preventive house arrest.
According to the leader of a political pressure group, high commodity prices are affecting vulnerable common citizens whom he said belong to the “cassava” republic.
Dr Besigye who was flanked by Kampala City Lord Mayor, Erias Lukwago and three aides standing behind his tinted land cruiser while holding placards with inscriptions “We can’t breathe, reduce the cost of living and another saying, Transition now, not Succession, stormed the streets.
However, as he attempted to connect to the main road, he was intercepted by a dozen of security operatives donned in police uniform.
Upon his arrest, he was dragged and pushed him back into his compound and more security operatives had been deployed and surrounded Dr Besigyes house to prevent him from leaving.