President Yoweri Museveni Commissions Multi-Billion Housing Project

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President Yower Museveni on a guided tour of the project.

BY PPU REPORTER

President Yoweri Museveni has commissioned a 72-million-dollar SOLANA lifestyle and Residences housing estate built by the National Social Security Fund and used the occasion to appeal to all Ugandans to understand the importance of raising joint and collective capital which he said was the only way society can finance and undertake big projects.

The SOLANA housing project is located in Lubowa in Wakiso district. The 72 million housing project which is the first phase of the 10year housing project that will be on 600 acres when completed, has 300 houses on 60 acres of land. The housing units include bungalows, apartments and villas.

The President said Ugandans need to grow the culture of growing joint capital and be able to do big ventures. The National Social Security fund has been able to undertake big projects country wide overtime because of the collective savings of the Ugandan workers.

“Collective saving is important, that’s how capitalists developed their countries by floating shares and raising capital to do big investments and ventures that they could not do individually the President said.

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President Museveni waves as he arrives for the function.Photo by Ronald Kabuubi/KMA Updates.

President Yower Museveni launches the project.Photo by Ronald Kabuub/KMA Updates.

President Yower Museveni in a group Photo with the Project Managers.Photos by Ronald Ronald Kabuubi/KMA Updates.

President Yower Museveni walks away after the group Photo with the Project Managers.Photos by Ronald Ronald Kabuubi/KMA Updates.

President Yower Museveni on a guided tour of the project.Photo by bRonald Kabuubi/KMA Updates.

President Museveni further said that because of the need to raise joint capital in the country the National Resistance Movement government has always promoted and encouraged the formation of Saving and Created Societies (SACCOS) country wide so that Ugandans can be able to raise capital jointly and do big ventures together without necessarily going to banks for loans that are very expensive.

The Managing Director of NSSF (first left)Mr.Richard Byarugaba with Hon. Minister of Defence, Hon Okello ,Finance Minister Hon.Matia Kasaijja and the Board Chairman Dr.Peter Kimbowa.Photo by Ronald Kabuubi/KMA Updates.

Mrs Kasalina Zawedde Muwanga shown here in the picture (left). Photo by Ronald Kabuubi/KMA Updates.

The Managing Director of NSSF Mr.Richard Byarugaba addressing guests shortly before the launch by President Yoweri Museveni on Friday afternoon.Photo by Ronald Kabuubi/KMA Updates.

NSSF board Members.Photos by Ronald Kabuubi/KMA Updates.

The Managing Director of NSSF Mr.Richard Byarugaba chats with former Workers MP Hon.Lyamoki shortly before the launch by President Yoweri Museveni on Friday afternoon.Photo by Ronald Kabuubi/KMA Updates.

The Deputy Director General of Civil Aviation Authority Ms.Olive Birungi Lumomya (L) chats with the Minister Of Security Hon. Okello and with Mr. Aggrey David Kibenge shortly after the launch by President Yoweri Museveni on Friday afternoon.Photo by Ronald Kabuubi/KMA Updates.

The Lead Architect and Project Manager is Architect Tina Muwanga daughter of the late Paulo Muwanga (Second left) and Mrs Kasalina Zawedde Muwanga shown here in the picture (Second right). She and Mama Miria Obote ( a family friend L) both were at the launch to support Tina and celebrate the project successful completion.

**The Managing Director of NSSF Mr.Richard Byarugaba talks to the boards members.Photo by Ronald Kabuubi/KMA Updates.**

The Lead Architect and Project Manager is Architect Tina Muwanga daughter of the late Paulo Muwanga (Second left) and Mrs Kasalina Zawedde Muwanga shown here in the pictures ( right). Photo by Ronald Kabuubi/KMA Updates.

The Lead Architect and Project Manager is Architect Tina Muwanga daughter of the late Paulo Muwanga (Second left) and Mrs Kasalina Zawedde Muwanga shown here in the picture (right). Left is Mama Miria Obote, a family friend.Photo by Ronald Kabuubi/KMA Updates.

The family of late Presidents Obote and Vice President Paulo Muwanga were also present.Photo by Ronald Kabuubi/KMA Updates.

Guests in attendance including Joel Kibazo, Partner with JK Associates.Photo by Ronald Kabuubi/KMA Updates.

Guests in attendance.Photo by Ronald Kabuubi/KMA Updates.

**The Managing Director of NSSF Mr.Richard Byarugaba(R) chats with Dr,Mich Egwang who hosted the guests.Photo by Ronald Kabuubi/KMA Updates.**

**NSSF Managing Director Mr. Richard Byarugaba (L) chats with his guests .Photo by Ronald Kabuubi/KMA Updates.**

**Former Workers’s MP Lyomoki Dr. Hon.Sam Lyomoki and other guests in attendance.Photo by Ronald Kabuubi/KMA Updates.**

Uganda Bankers Association Chairman Mr.Mathias Katamba(L) the Housing Bank Managing Director Mr.Michael Mugabi and another guest.Photo by Ronald Kabuubi/KMA Updates.

**Uganda Bankers Association Chairman Mr.Mathias Katamba(L) the Housing Bank Managing Director Mr.Michael Mugabi (Middle) with another guest.Photo by Ronald Kabuubi/KMA Updates.**

Uganda Banker’s Association (UBA) Executive Director Wilbrod Humphreys Owor with the NSSF Chief Finance Officer Mr. Mwanje.Photo by Ronald Kabuubi/KMA Updates.

The Deputy Director General of Civil Aviation Authority Ms.Olive Birungi Lumomya (L) chats with Mr.Owere Wilson shortly after the launch by President Yoweri Museveni on Friday afternoon.Photo by Ronald Kabuubi/KMA Updates.

The board chairman of the Uganda Civil Aviation Authority (CAA) Justice Steven Kavuma in talks with the Finance Minister Hon.Matia Kasaijja.Photo by Ronald Kabuubi/KMA Updates.

The board chairman of the Uganda Civil Aviation Authority (CAA) Justice Steven Kavuma (Middle) being greeted by the Managing Director Of Housing Finance.Mr.Michael Mugabi(L) in talks as the Finance Minister Hon.Matia Kasaijja looks on.Photo by Ronald Kabuubi/KMA Updates.

Consultants of the Project in a group Photo.Photo by Ronald Kabuubi/KMA Updates.

Ushers are seen at the reception.Photo by Ronald Kabuubi/KMA Updates.

Guests are seen at the after Party.Photo by Ronald Kabuubi/KMA Updates.

Tina of NTV is seen with Crystal Newman at the after Party.Photo by Ronald Kabuubi/KMA Updates.

Crystal Newman is seen taking a Photo at the after Party.Photo by Ronald Kabuubi/KMA Updates.

Joel Kibazo, a partner with JK (R) is seen with other guests at the after Party.Photo by Ronald Kabuubi/KMA Updates.

Guests having a light moment at the after Party.Photo by Ronald Kabuubi/KMA Updates.

The Managing Director of NSSF Mr.Richard Byarugaba (L) with agolfer at the after Party.Photo by Ronald Kabuubi/KMA Updates.

Lillian and the Sundoners entertain guests at the after Party.Photo by Ronald Kabuubi/KMA Updates.

The Managing Director of NSSF Mr.Richard Byarugaba Addressing guests at the after Party.Photo by Ronald Kabuubi/KMA Updates.

Crystal Newman hosting guests at the after Party.Photo by Ronald Kabuubi/KMA Updates.

Musician Lillian Mbabazi smiles with Engineer Sarah Birungi at the after Party.Photo by Ronald Kabuubi/KMA Updates.

The President saluted the Board and Management of the National Social Security fund for investing wisely and contributing to solving the housing shortage in the country. He said that the government will look into the reported value added tax levied on residential houses that are not commercial as well as finding means of boosting availability of mortgages to Ugandans.

Lillian Mbabazi of Lillian and Sundowners entertains guests at the after Party.Photo by Ronald Kabuubi/KMA Updates.

Lillian Mbabazi of Lillian and Sundowners entertains guests at the after Party.Photo by Ronald Kabuubi/KMA Updates. Lillian Mbabazi of Lillian and Sundowners is seen with the Managing Director of NSSF Mr. Richard Byarugaba at the after Party.Photo by Ronald Kabuubi/KMA Updates. Lillian Mbabazi of Lillian and Sundowners is seen with the Managing Director of NSSF Mr. Richard Byarugaba at the after Party.Photo by Ronald Kabuubi/KMA Updates.