President Yoweri Museveni has directed the Ministry of Finance to secure bailout for Ndere Cultural Centre.
Ndere Centre owned by Stephen Rwangyezi aprofessional teacher is on auction notice by Quickway Auctioneers & Court Bailiffs.
This sire of relief was revealed by Minister for ICT and National Guidance, Dr Chris Baryomunsi, while briefing the media in Kampala.
According to the Minister President Yoweri Museveni has directed the Ministry of Finance to start the process of saving Ndere Cultural Centre.
“The government has accepted to come in and rescue Ndere Centre. The president has instructed the Ministry of Finance to work out mechanisms on how Ndere Centre can be supported,” Baryomunsi said.
“However, I am not privy to the discussions whether to buy shares and if so, how many of them but I can confirm that government has committed to support Ndere Centre so that we don’t lose it since it is a strategic resource which provides a good service to Uganda. Therefore we shall support Ndere Centre and Mr.Rwangyezi.” he added.
