Op-ed: COMMISSIONED NSSF LUBOWA ESTATE IS AN ADDED ADVANTAGE TO THE ECONOMY

By Ben Ssebuguzi

Kampala: One of my most highlights in the commissioning of the new Nssf project in Lubowa known as Solana Lifestyle and residences self sustaining city,is that close to $31m construction materials have been sourced from local industries.

This is a great milestone for Mr. Richard Byaruhanga, the MD of Nssf, the board and the entire management team for aligning their project funds to promotion of Local content.

Further more, Nssf confide that besides the local industries benefiting,over 1500 direct jobs and 3,200 indirect jobs were created and more to be created when they complete their eight phase of the project in total comprising of 2,750 residences.

As a promoter of Local content of Buy Uganda Build Uganda (BUBU)This shows that this project will continue to bring a multiplier effect to the economy as physical evidence shows that almost 90% of materials used are Ugandan.Parliament should also start to buy locally made bags used by legislators.

I one time challenged the management of Nssf to start investing in projects that benefit many people like construction of silos to help in addressing the challenge shortage of storage facilities in the agricultural sector hence complementing government development plans.

The colourful commissioning of the Nssf Lubowa satellite city was presided over by President Yoweri Kaguta Museveni who hailed NSSF for helping to bring together little savings and growing them into something big and promised to deliver laws to safeguard infrastructure development and job creation for youths.

Ben Ssebuguzi is a certified Public Awareness expert fellow from Public Opinion and Secretary general of Uganda Poor youth movement.