LC5 boss quizzed over land
MBARARA district councillors on Tuesday put the LC5 chairman Wilberforce Yaguma to task to explain how the district’s land was leased to Egyptian investors.
By Raymond Baguma
MBARARA district councillors on Tuesday put the LC5 chairman Wilberforce Yaguma to task to explain how the district’s land was leased to Egyptian investors.
The district leased land to Nile Valley International Food Company, a cheese-processing factory, without signing a tenancy agreement.
The investors are to pay the district $3,000 (sh5.4m) monthly for 30 years.
They have so far paid $6,000 (sh10.9m) for two months.
During a council meeting at Kamukuzi, the councillors called for the suspension of the construction of the factory until an agreement is signed.
Kashari councillor Stephen Kirindo expressed concern that the investors had started construction work without a tenancy agreement.
Yaguma said: “We were supposed to give the investors land for free but it is now for renting. That is a decision I made. I have no apology to make. The agreement is being made by the Attorney General’s office.â€
He assured the council that he is empowered by law to monitor the implementation of programmes in the district.
District speaker Grace Muhairwe said the investors should not be frustrated, arguing that the land had been idle.
MBARARA district councillors on Tuesday put the LC5 chairman Wilberforce Yaguma to task to explain how the district’s land was leased to Egyptian investors.
The district leased land to Nile Valley International Food Company, a cheese-processing factory, without signing a tenancy agreement.
The investors are to pay the district $3,000 (sh5.4m) monthly for 30 years.
They have so far paid $6,000 (sh10.9m) for two months.
During a council meeting at Kamukuzi, the councillors called for the suspension of the construction of the factory until an agreement is signed.
Kashari councillor Stephen Kirindo expressed concern that the investors had started construction work without a tenancy agreement.
Yaguma said: “We were supposed to give the investors land for free but it is now for renting. That is a decision I made. I have no apology to make. The agreement is being made by the Attorney General’s office.â€
He assured the council that he is empowered by law to monitor the implementation of programmes in the district.
District speaker Grace Muhairwe said the investors should not be frustrated, arguing that the land had been idle.