By Watchdog reporter

Contrary to research reports that Uganda lies among the poorest countries in the whole universe, President Yoweri Museveni thinks otherwise.

During the International Labour Day celebrations on Monday in Paliisa District, President Museveni revealed to the nation that Uganda is one of the richest countries in the world.

He said apart from its massive agricultural potential, which Ugandans are exploiting more and more, soon the big industrial projects of agro-processing and industries based on the country’s mineral wealth will be executed.

 “Uganda is one of the richest countries in the world.  Apart from our massive agricultural potential, which we are exploiting more and more, you will soon see the big industrial projects of agro-processing and industries based on our minerals wealth,” said Museveni.

“Kilembe will be revived to produce copper for our cables industry, the making of transformers for electricity and, eventually, even the turbines.  Soon the fertilizer, steel and glass industries will be built in the Tororo area. Cement factories will be built in Karamoja.  This is not to talk of Cobalt in Kasese, tin and columbite in the Ankole-Kigyezi area, a new steel industry in the Kigyezi area, etc,” he added.

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