STATE HOUSE SPEAKS OUT ON THE APPOINTMENT OF BOU GOVERNOR
Prof. Nuwagaba is an international consultant on economic transformation and a wealth creation expert in Africa.

By Our Reporter
KAMPALA: The State House has dispelled social media claims that President Yoweri Kaguta Museveni has appointed Prof. Augustus Nuwagaba as the new Bank of Uganda Governor.
Earlier on Sunday, rumors made the rounds on different social media platforms alleging that the President had appointed Prof. Nuwagaba to fill the post that became vacant last year following the death of Prof. Emmanuel Tumusiime Mutebile, who passed away in January 2022.
Prof. Nuwagaba is an international consultant on economic transformation and a wealth creation expert in Africa.
However, according to the Deputy Presidential Press Secretary, Mr. Faruk Kirunda, the news of Prof. Nuwagaba’s appointment is fake, and it should be treated with all the contempt it deserves.
He explained that President Museveni knows his duty, and when he makes such an appointment, an official communication will be made.
“It’s not true that Prof. Nuwagaba has been appointed BOU Governor. H.E. Kaguta Museveni knows his duty, and when he makes such an appointment, it will be communicated officially,” Mr. Kirunda said in a tweet on Sunday.
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