Matooke Republic
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
No Result
View All Result
Matooke Republic
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
No Result
View All Result
Matooke Republic
No Result
View All Result

“Don’t underestimate our role in the education sector,” Private school owners seek for Shs2.5 trillion gov’t bailout

Matooke Republic by Matooke Republic
August 12, 2021
in News
Reading Time: 3 mins read
Share on FacebookShare on Twitter

Private school owners across the country asked the government, President Yoweri Museveni in particular for an emergency bailout of Shs2.5 trillion to prevent their schools from collapsing due to accumulated loans and other expenses during the period of lockdown.

Education institutions are one of the most affected sectors due to the continued lockdown intended to prevent the spread of COVID-19. In his recent address, Museveni eased lockdown restrictions on various sectors but for schools, he did not even speculate when they will reopen.

Private School Owners under their umbrella National Private Educational Institutions Association (NPEIA) have asked Museveni to respond to their request for a Shs2.5 trillion stimulus package.

RelatedPosts

CID officers sent to SFC training school

Two pastors, bar owners remanded for noise pollution

According to the association chairman Hasadu Kirabira, they met the President on January 13 and requested him to bail out struggling private schools that were on the verge of being auctioned due to accumulated loans and he promised to look into it.

Kirabira however revealed that since then they have never received any feedback yet the situation is even getting worse for many of them as some of their colleagues have already lost their property to banks and money lenders.

According to Kirabira, private schools admit 100 per cent of all nursery students, 66 per cent secondary and 40 per cent of primary school pupils.

Therefore, he said it is necessary that government fulfils its pledges of Shs20 billion to private teachers and bail them out the schools with a stimulus package.

The proprietors of private schools’ reminder come barely a week after Finance minister Matia Kasaija told Parliament’s Committee on Trade, Tourism and Industry that government had no money to bail them out before he asked them to sell their properties to pay loans,

 “If you do not have another property to sell and save your school, go to the bank and negotiate,” Kasaija said.

In response, the Private schools owners said they were demoralised by Kaisaja’s comments as they underestimate their role in Uganda’s education sector.

Kirabira said private schools enrol more than 6 million learners across the country and employ more than 800,000 teaching and non-teaching staff. He added that private schools also contribute 4 per cent of the national GDP and contribute Shs200b in taxes every financial year.

“We ask the government to give us tax holidays like it has been giving to foreign investors or suspend these taxes that are choking us,” he said.

Tags: President Yoweri Kaguta MuseveniPrivate Schools
Previous Post

You want greater glory for Uganda? Cheptegei asks gov’t to fund completion of his high-altitude training center

Next Post

Sudan to handover former President Bashir to ICC for trial

Related Posts

CID officers sent to SFC training school

4 hours ago

Two pastors, bar owners remanded for noise pollution

4 hours ago
Next Post

Sudan to handover former President Bashir to ICC for trial

JUST IN

Pastor Bugingo to men: Stop gifting wives cars that are not registered in their names

June 29, 2022

CID officers sent to SFC training school

Two pastors, bar owners remanded for noise pollution

Boda boda man commits suicide after his three pregnant girlfriends demanded for marriage

The “unseen and unknown” destinations on your way to Murchison Falls National Park

40 Days Over 40 Smiles: 5-Aside football event returns after a break

Mulago Hospital officials grilled for failing to spend Shs4 billion

POPULAR

  • SEXUAL HARRASSMENT ON STAGE: Karole Kasita vows to stick by her ‘Kwetega’ semi-nude dressing

    0 shares
    Share 0 Tweet 0
  • Billionaire James Mugoya Isabirye, the Buddonian that has an entire estate in Kenya named after him

    0 shares
    Share 0 Tweet 0
  • Moment Of Madness! ‘Couple’ enjoy a quickie by the roadside

    0 shares
    Share 0 Tweet 0
  • Sheebah grants Matooke Republic exclusive access inside her house. Here are photos from the sitting room to bedroom

    14 shares
    Share 14 Tweet 0
  • TRENDING: Ugandans react to viral video of a ‘couple’ in Kisoro having a quickie by the roadside

    0 shares
    Share 0 Tweet 0

JOBS

Hot Right Now

Ugandan prophet claims he was driving along the Entebbe Express Highway when his car was lifted up by Jesus to heaven

Vice President Alupo finally reveals husband   

“Don’t underestimate our role in the education sector,” Private school owners seek for Shs2.5 trillion gov’t bailout

Matooke Republic

© Matooke Republic 2022

  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos

© Matooke Republic 2022