General Muhoozi Kainerugaba has weighed in on Uganda’s economic challenges, saying he is not particularly worried about the country’s currency situation. Instead, he has pointed to delays in producing and refining Uganda’s own petroleum as a major concern, arguing that domestic oil production could play an important role in the country’s economic future.

In his remarks, Muhoozi said Uganda should focus on developing its petroleum resources rather than concentrating only on concerns surrounding the currency. His position highlights the importance of reducing dependence on imported petroleum products and making greater use of the country’s natural resources.

Uganda has discovered significant oil deposits, particularly in the Albertine Graben, and has been developing projects intended to support commercial oil production. The country is also pursuing plans for a refinery to process some of its crude oil domestically, although the timing and implementation of these projects remain important issues.

Muhoozi also expressed frustration with highly paid government technocrats, accusing them of repeatedly letting President Yoweri Museveni down. He suggested that the officials responsible for implementing government plans had failed to deliver the results expected of them, raising questions about accountability and efficiency in public service.

In a stronger accusation, Muhoozi suggested that some of the technocrats could be working for Uganda’s enemies. However, the statement did not identify particular officials or provide evidence to substantiate the allegation. Such claims remain accusations unless supported by verifiable information.

The comments come amid public debate about Uganda’s economic direction, including the cost of living, exchange-rate movements, fuel prices and the country’s ability to create jobs and expand domestic production. Petroleum development is one of the government’s major long-term economic projects, with expectations that it could generate revenue, investment and employment.

Muhoozi also referred to the Patriotic League of Uganda (PLU), saying the movement would not let Museveni down from 2031 onwards. The remark signals his confidence in the group’s future role, although the statement alone does not establish what specific economic policies or government responsibilities the PLU would pursue.

His remarks have therefore placed renewed attention on oil production, refinery development and the performance of government officials. Whether these priorities will ease Uganda’s economic pressures will depend on implementation, investment, oversight and the wider management of the economy, rather than promises alone.