news-details

Govt earmarks Shs300b on pay off landlords in Buganda

The government has earmarked at least Shs313.5 billion to compensate all landlords in Buganda sub-region whose land is occupied by bonafide sitting tenants, Daily Monitor has established.

According to Mr Daniel Mugulusi, the undersecretary at Uganda Land Commission (ULC), landlords whose land was valued could have already been compensated, but the delay has been occasioned by shortfalls in their budget since the Land Fund is yet to be fully implemented.

In addition to landlords in Buganda, he said others in Bunyoro, Tooro and some in Ankole and Bugisu are going to be considered for compensation this financial year.

“The number of landlords to be paid will depend on the money that we are going to receive. In Buganda alone, for instance, we need Shs313.5 billion and of this, Shs4.5 billion will be spent on conducting systematic demarcation and titling of land,” he said during an interview on Tuesday.

Pending activities

Related Posts
Advertisements
Market Overview
Top US Stocks
Cryptocurrency Market