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Commercial newswire·UG·

Members of Parliament (MPs) Demand Uganda National Oil Company (UNOC) Fuel Price Breakdown Amid Rising Pump Prices

Parliament has demanded a breakdown of the price at which Uganda National Oil Company (UNOC) supplies fuel to oil marketing companies, as MPs questioned rising pump prices and called for measures to cushion consumers. This followed an explanation by the Minister of Energy and Mineral Development, Dr. Monica Musenero, who told Parliament that the fuel price increase was “multifactorial”, citing the depreciation of the shilling, the Shs200 excise duty increase introduced in the 2026/2027 financial year and international supply pressures. The Minister presented a statement on the rising fuel prices to Parliament during plenary on Wednesday, 07 October 2026. Musenero said UNOC acts as a buffer against international price shocks, helping Uganda avoid some of the shortages and higher prices experienced by neighbouring countries. Deputy Speaker Thomas Tayebwa pressed the Minister to provide the actual UNOC selling price, saying MPs need to establish how much is added before fuel reaches consumers. “I don't know what is so special about this price, that UNOC is giving out fuel to OMCs at a certain price. What is that price?” Tayebwa asked. “Because we want to track how much they are adding

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