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Uganda: Museveni Rejects Move to Split NSSF

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President Museveni has rejected a proposal to split oversight over the National Social Security Fund (NSSF), saying it should be placed wholly under the Ministry of Finance, Planning and Economic Development.

However, in a separate letter that Daily Monitor has seen and addressed to the Speaker of Parliament, Ms Rebecca Kadaga, President Museveni indicates that the full control of NSSF must be transferred to the Finance ministry.

Ms Margaret Rwabushaija, the Workers MP, said NSSF is a fund for workers and cannot be managed by the Ministry of Finance.

Mr Kenneth Lubogo, the Bulamogi County MP in Kaliro District, said the Ministry of Gender should not be completely locked out of NSSF because NSSF funds are private funds contributed by workers and not appropriated by Parliament.

Meanwhile, Mr Patrick Isiagi, the vice chairperson of the Finance Committee, said he okayed the proposal of President Museveni having the Ministry of Finance control the fund since it has more knowledge as far as financial modeling is concerned.

Source: allAfrica.com
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