PPU: President Yoweri Kaguta Museveni has said he is going to set up loan schemes for boda boda riders, with an intent of saving them from exploitation by private companies giving out boda bodas on loan.
The President made the remarks on Saturday while addressing a boda boda mega rally in Iganga District.
The rally was organized by the Special Presidential Assistant on Press and Mobilization, Haji Faruk Kirunda.
The President’s move followed a complaint from Mr. Eria Musoba, the Coordinator of Boda Boda Chairmen in Busoga Sub-region who reported to him that they were being exploited by companies which give out boda bodas on high interest loans.
President Museveni assured the boda boda riders that he will support them by giving them good loans so that they are able to have their own boda bodas, earn money and improve their livelihoods.
He however advised them to be versatile and diverse whereby they are able to take part in other income generating activities apart from boda bodas.
