Ugandan MPs approve bill giving government oil import monopoly

Ugandan MPs approve bill giving government oil import monopoly

Ugandan MPs approve bill giving government oil import monopoly

The Ugandan parliament recently passed the Petroleum Supply (Amendment) Act, 2023 granting Uganda National Oil Company (UNOC), a monopoly on supplying petroleum products.

The bill, first tabled before parliament on October 31, was expeditiously processed and passed by a quorum of 186 members announced by Speaker Anita Among who presided over the sitting.

For more information, please see https://www.theeastafrican.co.ke/tea/business/uganda-approves-bill-giving-state-oil-import-monopoly-4435610

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