Museveni woos Russians to invest in oil refinery


President Yoweri Museveni yesterday met Russian prospective investors in the oil refinery.

The President has been pushing for a local oil refinery such that Uganda produces and trades value added oil and gas products compared to marketing unprocessed oil/gas.

This local oil refinery strategy will have a multiplier effect on the economy, including job creation.

Exporting unprocessed raw products means exporting jobs.

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