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Ugandan president says ruling party "better placed" to manage oil revenue.
Text of report by Francis Mugerwa headlined "Museveni: NRM has better plans to manage oil" published by leading privately-owned Ugandan newspaper The Daily Monitor website on 17 January; subheading as published
The National Resistance Movement presidential candidate has said it is under his government that oil was explored and the regime is better placed to manage it's revenue.
"We discovered the oil and therefore have better plan to manage it," President Museveni said while addressing a rally at Hoima Boma Grounds on Saturday. He also said the formula for sharing oil revenue is provided for by the constitution.
"Revenue from minerals is shared by the …
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