WEALTH CREATION ASSOCIATED WITH EARLY VOCATIONAL AND INDUSTRIAL ATTACHMENT AS OPPOSED TO WEALTH CRIPPLING OCCASIONED BY RETENTION OF WHITE-COLLAR JOB SEEKERS ─ THE PANACEA FOR THE COLONIAL EDUCATION ECOSYSTEM SKEWED TOWARDS CHURNING OUT DWARFS LACKING IN EMPLOYABILITY SKILLS

Past regimes undermined private sector's capacity to create jobs - Museveni

 

What you need to know:

 

Dr Jane Ruth Aceng, the Health minister, also the Lira City Woman Member of Parliament, urged the graduates to become innovative and make themselves busy instead of returning home to idle.

The minister of Education and Sports, Ms Janet Museveni, in her speech read by Dr John Chrysostom Muyingo, the state minister for Higher Education, encouraged the graduates to use the knowledge they have acquired to take up the advantage of the "many opportunities around them" to create jobs to employ others.

Photo Credit/Charity Akullo: Graduands celebrate during the Lira University fourth graduation ceremony on January 13, 2023. For Stanbic Bank Free Bills Payment and More, Dial: *291# or Download the FlexiPay Uganda App│Register for a FlexiPay Wallet │ Enter Refferal Code: I25UNZ │Donate to the vulnerable using FlexiPay │Call Centre Toll Free: 0800 251 251/0800 250 250/0800 150 150 . [Please Note: Referral Code Letter (ABC) is I (Capital of Letter i) NOT a digit (123) to wit. 1]

monitor.co.ug,January 15, 2023 │ President Museveni has slammed past regimes for reportedly undermining the country’s private sector and frustrating their capacity to create jobs for Ugandans.

File Photo/Courtesy: GEN. (Rtd) Yoweri Kaguta Museveni,President,Republic of Uganda

“Unlike the past regimes which suffocated the private sector thus undermining its capacity to create jobs, the National Resistance Movement (NRM) has created a favourable environment that has attracted local and foreign investments. Now that we have enough electricity, good roads, among others, the government is prioritising industrialisation to curb the hemorrhagic costs of excessive importation of items that can competitively be produced in Uganda,” Mr Museveni said.

YouTube Video │ Lira University: Fourth Graduation - January 13, 2023

Mr Museveni who has been in power since 1986 when he entered State House after a five-year-guerilla war-fare urged universities across the country to teach students what he described as relevant courses that meet the job market in the private sector. Once this is done, Mr Museveni, 78, said it would help address the challenge of unemployment in the country which many experts have attributed to lack employable skills, lack of access to resources like land and capital, among other economic challenges.

“The public sector has only 469,216 jobs; this is absolutely incomparable to a population of 45 million Ugandans. Therefore, the biggest number of graduates must seek employment in the private sector,” Mr Museveni said in a speech read on his behalf by the Vice President, Ms Jessica Alupo, during Lira University’s fourth graduation ceremony on Friday.

 
At least 380 graduates were sent to the job market currently crowded with hundreds of thousands of unemployed citizens, mostly youth who account for more than 70 percent of the country’s population.

 According to him, importation items from other countries indicates that Uganda is donating both money and jobs to foreigners, leaving its own citizen unemployed.

 “More industries in Uganda means more jobs for the population and taxes to the government to carry out developmental projects," he said. "Therefore, my appeal to the universities is to equip students with skills which are needed by the private sector as the government attracts more investments that demand for a skilled and productive workforce,” he added. 

Dr Jane Ruth Aceng, the Health minister, also the Lira City Woman Member of Parliament, urged the graduates to become innovative and make themselves busy instead of returning home to idle."The power to create jobs is in our hands,” she said.

The minister of Education and Sports, Ms Janet Museveni, in her speech read by Dr John Chrysostom Muyingo, the state minister for Higher Education, encouraged the graduates to use the knowledge they have acquired to take up the advantage of the "many opportunities around them" to create jobs to employ others.

The Education minister also tasked the management of universities in the country to invest more resources in research and publication as this is one way through which they will contribute to the transformation of the country.

By Charity Akullo & Patrick Ebong

Extra Featured Links Shortlist

1. https://bit.ly/HZiQZ-NSSF-PLANB_PROPOSED-POST-MIDTERM-CORPUS-INVESTMENT-STRATEGY
   
2. https://bit.ly/HZiQZ-CNN-UGANDA_AMONG-BEST-DESTINATIONS-2023
   
3. https://bit.ly/HZiQZ-MASTERCARD-QR_CODE-PAYMENT
   
4. https://bit.ly/HZiQZ-ABOJANI-KENYA-LISTED-BANKS-PERFORMANCE
   
5. https://bit.ly/HZiQZ-ViDE-NEW-VISION_NEW-BANK-CAPITAL-RULES
   
6. https://bit.ly/HZiQZ-COURT-COST_OF_REPUTATION_DAMAGE
   
7. https://bit.ly/HZiQZ-NSSF_FINANCIAL_LITERACY
   
8. https://bit.ly/HZiQZ-HiPiPo-40DAYS_40FINTECHS_2022_REPORT
   

SUPPLEMENT 

Spear Motors Limited – Jeep Selection – From Zero to 30% Down Payment; Yes , We Can, Visit us Today!

OFFER:

OPERATING/TRUE LEASE RATES INCLUDE:

♦ PAPERWORK: NO FUSS, NO HASSLE

♦ INITIAL UP TO FIVE YEARS, EXTENSION UP TO THREE YEARS

♦ COMPREHENSIVE INSURANCE

♦ FREE KILOMETRES – 2,000KM/MONTH (LOW USAGE BAND)

♦ FREE MAINTENANCE

♦ FLEET MANAGEMENT

♦ REPLACEMENT

♦ RESIDUAL VALUE FIRST RIGHT OF REFUSAL

Please Note:

♦ Spacious SUV, Seven (7) Seater, Larger than a Land Cruiser VX 300

OPERATING/TRUE LEASE RATES EXCLUDE:

♦ FUEL

♦ EXCESS KILOMETRE/MILEAGE CHARGE

♦ VAT ( CURRENTLY 18%)

🌐 iSpecial Mobility Ecosystem