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Tag Archives: natural resources

Nigeria targets oil companies for a greater share of profits

Lagos, Nigeria | AFP | In a move Nigeria’s president hailed as a “landmark moment”, Africa’s largest oil producer approved legislation this week to bolster its share of revenues from international majors. The authorities say the amendment — heralded as the biggest change in decades to its production sharing deals — will …

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MUSEVENI: I love that man Trump

Museveni pushes for home-based value addition on Africa’s minerals – they belong to country Bahir Dar, Ethiopia | THE INDEPENDENT | President Yoweri Museveni has urged African leaders to stop what he described as ideological meandering. Leaders, he said, should thoroughly discuss and distill positions which can help their people …

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Parliamentary committee stops sand mining along Masaka road

Parliament’s Natural Resources Committee has suspended sand mining on a two acre site along Masaka road in Lweera-Kalungu district. The expansive Lweera wetland on Kampala-Masaka Highway, which stretches about 20 kilometers, is a major water catchment area that connects several rivers and wetlands in Gomba, Mpigi and Kalungu districts and drains directly into …

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