The Minister of Finance General Duties Henry Musasizi has said the Extractive Industries Transparency Initiative (EITI) remains a cornerstone of Uganda’s governance framework for the oil, gas and mining sectors.
Musasizi made the remarks on Thursday Evening while presiding over the handover of responsibilities from outgoing to incoming members of the Multi-Stakeholder Group (MSG) at Protea Hotel Kampala. He emphasized that when well managed, natural resources can be a powerful driver of inclusive growth, economic transformation and sustainable development.
The Minister commended the outgoing MSG members for their dedicated service, noting that Uganda recorded notable achievements during their tenure.
These include the consistent production of EITI reports, strengthened data management systems and improved public access to information in the extractives sector.
He urged the new MSG members to meet the high public expectations for transparency and accountability by ensuring that revenues from natural resources are fully integrated into national development planning and public financial management systems.
Minister Musasizi reaffirmed that the Government of Uganda remains firmly committed to the principles and objectives of EITI and to aligning the process with national development priorities.
MSG Chairperson Moses Kaggwa said the EITI process has significantly improved governance of Uganda’s extractives sector over the past five years.
He highlighted that the initiative has strengthened trust among stakeholders, enhanced information sharing and boosted public awareness.
Looking ahead, Kaggwa disclosed that Uganda EITI is seeking greater involvement of the Office of the Auditor General as an Independent Administrator in the production of EITI reports.
He also announced plans to hold an Extractives Week in May 2026 to showcase the sector, and confirmed that Uganda will undergo its second EITI validation on October 1, 2026.
