Ugandans deserves to know how the money accrued from oil resource will be spent, the French ambassador to Uganda, has said...Ms Stephanie Rivoal, said the time was now for government to begin engaging the population on how the proceeds recouped from oil resource will be spent. “Governments have to be … clear [on oil revenues] and [ensure that] oil companies are scrutinised... Angola, despite being the second largest oil producing country in the world, has one of the worst Human Development Index. Where does the money go? Does the population see the colour of the money?” she wondered. 

Uganda is expected to begin producing commercial oil by 2023. The country’s oil capacity is estimated at 6.5 billion barrels.  Amb Rivoal, said transparency in the oil sector will be a key factor on ensuring that proceeds are put to proper use. A number of Ugandans are concerned over the secrecy that has been exhibited by government especially in the oil sector. Currently not many Ugandans are aware of the contents of the oil agreements government has signed with different companies.