By Umoja Standard Reporter.
Kampala, Uganda: President Museveni’s Son in-Law Mr Odrek Rwabwogo has accepted that indeed Rtd Lieutenant Magufuri Moses Mugisha’s Vision to have Agricultural and cooperative bank (Hybrid) is Uganda’s long most awaited Hospital for a weak Agribusiness.
Mr Odrek Rwabwogo’s comments comes at a time when a Rtd Lieutenant Magufuri Moses Mugisha is leading a team Mobilisers agitating for the establishment of *an Agricultural and Cooperative Bank in Uganda*
As a vision bearer and National Chief Coordinator, Rtd Magufuri has advised government to consolidated it’s scattered resources( OWC, Naads, Agriculture facility funds,YLP,women,nothern funds, luwero fund, fund,CAAIP , emyooga now PDM) , He asked what’s The Microfinance Support Centre Limited+ Pride Micro Finance and post Bank = what to our farmer who has been there for this government since 1960 up to now, instead farmers are being paraded before commercial banks which force advance them unfavourable loans
According to Magufuri, once this bank is established famers will triple their production and earning, unemployment will be reduced in youth, crime rate will be reduced thus lowering Defence budgets. Automatically external borrowing will go down. *As a result, Uganda will immediately attain a middle-income status and reduce on its debit burden. *
(Rtd). Lieutenant Magufuri Moses Mugisha, started this journey way back on *7th September 2022* adding to former voices Dr. Suruma and H.E the president of Uganda *When he boldly wrote to President’s younger brother General Salim Saleh* asking him to reconsider the first tracking formation of this *Agricultural and Cooperative Bank*
In his latter attached, (Rtd). Lieutenant Magufuri Moses Mugisha explained how this will be attained.
In their response, millions of Ugandans have devoted them selves in selling this vision to the grassroot and president Museveni has already hinted that, his government is considering this idea of establishing an agricultural bank in Uganda*
Keep watching this space as you Mobiliser your neighbours to mobilise their neighbours too.” *A revolution without a Patriotic revolutionist is not a revolution*” it’s our responsibility as new generation to guard Our Revolution