{"id":46640,"date":"2021-04-12T10:04:06","date_gmt":"2021-04-12T07:04:06","guid":{"rendered":"https:\/\/www.kfm.co.ug\/?p=46640"},"modified":"2021-04-12T10:04:06","modified_gmt":"2021-04-12T07:04:06","slug":"signing-of-eacop-is-a-triple-victory-for-uganda-museveni-says","status":"publish","type":"post","link":"https:\/\/www.kfm.dembefm.ug\/staging_h\/signing-of-eacop-is-a-triple-victory-for-uganda-museveni-says\/","title":{"rendered":"Signing of EACOP is a triple victory for Uganda, Museveni says"},"content":{"rendered":"

By Ritah kemigisa<\/strong><\/p>\n

President Museveni has described the signing of the East African Crude oil pipeline project, EACOP on Sunday as a triple victory for Uganda and Tanzania both economically, politically and militarily.<\/p>\n

On Sunday, President Yoweri Museveni and Tanzania\u2019s Samia Suluhu Hassan and other stakeholders including; Total E&P and CNOOC signed three key agreements paving way for the implementation of the proposed East African Crude\u00a0 Oil Project, EACOP.<\/p>\n

The historic event for the $3.5 billion \u00a0project took place at state house Entebbe.<\/p>\n

The key agreements signed include; the Host government agreement between Total E&P and governments of Uganda and Tanzania , the shareholders agreement between all the shareholders plus the Tariff and transportation agreement.<\/p>\n

Speaking during the signing ceremony, Museveni said he is satisfied that the project will make a modest contribution to the development of Tanzania much as it will not compensate for what they did to liberate Uganda from Amin.<\/p>\n

He says much as Kenya is Uganda\u2019s brother country, Tanzania played a unique role for Uganda.<\/p>\n

\u201cForty two (42) years ago, this same day, is when the Tanzanian troops of 20 Division captured Kampala and enabled a Ugandan Army officer, Oyite Ojok, to announce the fall of Idi Amin on Radio Uganda,\u201d he said.<\/p>\n

\u201cAt that very moment, with my rapidly growing Fronasa troops, operating with another TPDF division, the Task Force division under Major-General Silas Mayunga, I was on the Mbarara Front, the 20 Division was under General Munguri.
\nToday, therefore, is a triple victory for Tanzania and Uganda: military, political and economic,\u201d Mr Museveni added.<\/p>\n

He meanwhile said the oil pipeline will be key in the discovery of more oil reserves in the Albertine region \u00a0and Karamoja.<\/p>\n

According to Museveni, the project will also be instrumental in the development of the East African region and Africa at large.<\/p>\n

He said \u201cThis project should, in addition to what we have said, serve to awaken all Africans that prosperity and strategic security are only possible if we use the Pan-Africanist approach that gives us a bigger market and rationalizes economic linkages.\u00a0\u201c<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

By Ritah kemigisa President Museveni has described the signing of the East African Crude oil pipeline project, EACOP on Sunday as a triple victory for Uganda and Tanzania both economically, politically and militarily. On Sunday, President Yoweri Museveni and Tanzania\u2019s Samia Suluhu Hassan and other stakeholders including; Total E&P and CNOOC signed three key agreements paving way for the implementation of the proposed East African Crude\u00a0 Oil Project, EACOP. The historic event for the $3.5 billion \u00a0project took place at state house Entebbe. The key agreements signed include; the Host government agreement between Total E&P and governments of Uganda and Tanzania , the shareholders agreement between all the shareholders plus the Tariff and transportation agreement. Speaking during the signing ceremony, […]<\/p>\n","protected":false},"author":16,"featured_media":46641,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"episode_type":"","audio_file":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","date_recorded":"","explicit":"","block":"","filesize_raw":"","jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"1","single_blog_custom":"","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"1","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"0","show_inline_post_related":"0"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":""},"jnews_primary_category":{"id":""},"jnews_social_meta":{"fb_title":"","fb_description":"","fb_image":"","twitter_title":"","twitter_description":"","twitter_image":""},"jnews_override_counter":{"override_view_counter":"0","view_counter_number":"0","override_share_counter":"0","share_counter_number":"0","override_like_counter":"0","like_counter_number":"0","override_dislike_counter":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[7],"tags":[],"class_list":["post-46640","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/www.kfm.dembefm.ug\/staging_h\/wp-json\/wp\/v2\/posts\/46640"}],"collection":[{"href":"https:\/\/www.kfm.dembefm.ug\/staging_h\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kfm.dembefm.ug\/staging_h\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kfm.dembefm.ug\/staging_h\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kfm.dembefm.ug\/staging_h\/wp-json\/wp\/v2\/comments?post=46640"}],"version-history":[{"count":0,"href":"https:\/\/www.kfm.dembefm.ug\/staging_h\/wp-json\/wp\/v2\/posts\/46640\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kfm.dembefm.ug\/staging_h\/wp-json\/wp\/v2\/media\/46641"}],"wp:attachment":[{"href":"https:\/\/www.kfm.dembefm.ug\/staging_h\/wp-json\/wp\/v2\/media?parent=46640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kfm.dembefm.ug\/staging_h\/wp-json\/wp\/v2\/categories?post=46640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kfm.dembefm.ug\/staging_h\/wp-json\/wp\/v2\/tags?post=46640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}