Parliament has demanded a breakdown of the price at which Uganda National Oil Company (UNOC) supplies fuel to oil marketing companies, amid rising pump prices. Minister of Energy and Mineral Development Dr. Monica Musenero attributed the increase to multiple factors, including the depreciation of the shilling, a Shs200 excise duty increase in the 2026/2027 financial year, and international supply pressures. She stated that UNOC acts as a buffer against international price shocks, helping Uganda avoid shortages and higher prices seen in neighboring countries. Deputy Speaker Thomas Tayebwa pressed the Minister to provide the actual UNOC selling price to establish how much is added before fuel reaches consumers.
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