The National Resistance Movement (NRM) Parliamentary Caucus has formally endorsed the Government’s proposal to table the National Sovereignty Bill 2026, aimed at regulating foreign financial inflows to Uganda and safeguarding the country’s sovereignty.
The announcement was made by Hamson Obua, Government Chief Whip, during a press briefing at Parliament following the NRM Caucus meeting held at State House Entebbe.
Obua explained that the bill seeks to operationalize Article 1, Sub-article 1 of the Constitution of the Republic of Uganda, which vests all sovereign power in the people. He said the legislation complements existing laws while ensuring that foreign funds entering the country serve legitimate purposes and do not undermine national sovereignty.
“The proposed bill reinforces standard practice. We were colonized by the British, and the UK had similar legislation. We are not reinventing the wheel. This bill regulates foreign financial inflows so they are for legitimate reasons and not harmful ones,” Obua said.
He added, “We want sovereignty 100% and to secure it through this law. These are four good reasons why Government, through Cabinet, has approved this bill.”
Responding to questions on why the NRM Parliamentary Caucus supported the legislation, Obua emphasized, “It is for your sovereignty, my sovereignty, and the sovereignty of the people of Uganda, as envisaged under Article 1, Sub-article 1 of the Constitution. Nothing less, nothing more.”
The National Sovereignty Bill 2026 is expected to be tabled in Parliament in the coming session, setting the stage for debates on the regulation of foreign financial inflows and the protection of Uganda’s economic and political independence.
