Usuk receives 260 million Presidential Value Addition Fund

Katakwi district headquarters was this afternoon filled with members of different association groups after hearing news of the proposed presidential fund_ The Myooga (literary meaning a specialization sector).

“I heard our MP saying yesterday at Church that President Museveni is giving funds to registered associations. So, I have come here to seek for clarification on the procedure of accessing the funds,” said Asha Akiteng, a hair dresser in Katakwi town council.

While handing over a fulfillment of the President’s pledge of 30 million to St. Paul Church of Uganda in Katakwi yesterday (Sunday 11^th, August 2019), the member of Parliament for Usuk County, Honorable Peter Ogwang revealed that the President has released 260 million to Usuk County as part of the proposed Value Addition Fund.

In his explanation, Ogwang said that the Value Addition Fund and the SACCOS Fund would complement the existing funds, such as Youth Fund, Operation Wealth Creation (OWC), Women Fund, and, the Micro Finance Fund which already exist in the district.

The MP delivered the message at St. Paul Church of Uganda and Katakwi main Mosque, where he had gone to share Eid Al-Adha with the Muslim fraternity in the district.

“I ask you to continue praying for President Yoweri Museveni for his visionary leadership. All what I am talking about here is a message from him and if embraced, will help us get out of poverty,” Ogwang said.

In Usuk County, the myooga groups that will benefit from the 20 million funding each will include:

1. Bodaboda Association
2. Women Entrepreneur’s Association
3. Carpenter’s Association
4. Salon Operator’s Association
5. Taxi Operator’s Association and SACCO
6. Restaurant Association
7. Welder’s Association
8. Market Vendor’s Association
9. Tailor’s Association
10. Produce Dealer’s Association
11. Mechanic’s Association
12. The Performing Arts Association
13. Fishermen’s Association

The other groups to benefit include; political party leaders, local government politicians, youth leaders, PWDs and, media operators are some of the people who will benefit in the new SACCOS fund that President Yoweri Museveni has proposed.

While addressing members of different groups at the Office of the Resident District Commissioner (RDC) this afternoon (Monday 12, August 2019), Ogwang explained that the verification exercise of the rightful groups to benefit will be championed by the office of the RDC.

“As MPs, our role is to oversee and give guidance where it is required. The whole project is going to be led by the office of the RDC,” explained Ogwang.

In his 12- page letter to Ugandans, especially the Bazzukulu or Itatai (grandchildren), the President rooted for the creation of the Value Addition Fund for 20 zones, which include; Teso, Karamoja, West Nile, Lango, Bugisu, Bukedi, Busoga, Mengo, Mubende, Masaka, Ankole, Kigezi, Tooro, Bunyoro, Sebei, Kasese, Bundibugyo, Madi and Kampala.