Oil Wealth
Most people assume that when the oil starts flowing the economy will automatically improve, but this is not a gift. There will definitely be more finance flowing into
Some people worry that this is likely to happen in Uganda since there is general lack of confidence in the public sector to manage public assets.This has been demonstrated repeatedly in cases such as NSSF, Global fund and CHOGM. However, despite this, the governence of Uganda and Mgt of Uganda's economy are stil far better than Nigeria and it would take a long time to reduce Uganda to that degree of chaos. Of course this process can be accelerated in any country, as we witnessed in Zimbabwe, if there is a Megalomaniac in charge who is prepared to rape and pillage for the sole purpose of keeping himself in power.
In Uganda, it is unlikely that we have either a Zimbabwe or a Nigeria scenario, unless soem faction tries to seize power and take the oil resources for themselves. The oil wealth will be used for development of the country, but from past experience, it is likely that there will be poor value for money.