President Yoweri Museveni has said that skilling “the unemployed and propertyless youths” will go a long way in creating wealth and job opportunities in the country.
Museveni said that skilled youths are the ones that will save the country from imports and also generate exports using Uganda’s huge natural resources and comparative advantage.
The President made the remarks while delivering the State of the Nation Address on Tuesday June 6 at the Kampala Serena hotel.
He revealed that he, cialis 40mg through the State House controller, case is supporting 711 young girls to do: baking, website embroidery, textile weaving, shoe making, knitting among other vocational skills.
“Every intake of 6 months costs us Shs. 486 million, including giving them lunch and daily transport of Shs. 2,000 per person, he said.
This, the president said, will help the youth get transformed from being idle and unemployed into wealth creators and job creators.
“Remember that one’s wealth in agriculture, industry, services or ICT, creates jobs for many. When I am a farmer, the farm is my wealth. It also creates jobs for others,” said Museveni.
He said the huge pool of unemployed youths presents a huge opportunity for Uganda and will aggressively attract Foreign Direct Investment.
While speaking to Indian investors on Monday, Finance Minister Matia Kasaija also said the unemployed youths in Uganda would provide ready and cheap labour to investors once they set up industries in Uganda.
Museveni noted that money required to empower the youth is not so much; revealing that he has already bought common user machines for the furniture makers of Nsambya.
“I have given support to 105 groups in the Katwe area with a membership of 1,570 and to 17 groups in the Najeera area with a membership of 510,” he said.
“In Najeera, I spent Shs. 337 million, Shs. 375 million in Katwe and Shs. 271 million in Nsambya. These figures included cash for their SACCOs, common user machines and, in some cases, work site sheds.”