The debate surrounding Uganda’s proposed Protection of Sovereignty Bill, 2026 has taken a political twist, with journalist Daniel Lutaaya accusing lawmakers of ignoring economic warnings raised by the Bank of Uganda.
His remarks come after Bank of Uganda Governor Michael Atingi-Ego appeared before Parliament and cautioned that the Bill could destabilise the country’s economy if passed without major revisions.
In a blunt statement, Lutaaya argued that political interests are overshadowing economic reasoning in the ongoing discussions.
“It’s politics, stupid. Advising politicians is like advising a woman in love. Logic doesn’t make sense to them,” he said.
The Bill seeks to regulate foreign influence and funding, but it has drawn criticism from economic experts who warn it could disrupt financial flows into the country.
Lutaaya claimed that efforts to block opposition-linked funding are taking priority over broader economic concerns.
“Stopping Bobi Wine and AGORA from getting a few dollars here and there is more important than the economy. It is more important than the national USD reserves that Bank of Uganda is talking about,” he said.
His comments point to a growing rift between technocrats and political actors over how the country should balance sovereignty and economic stability.
During his presentation to MPs, Atingi-Ego warned that restricting foreign inflows such as investments and remittances could weaken Uganda’s foreign exchange reserves, trigger currency depreciation, and increase the cost of living.
But Lutaaya questioned whether lawmakers fully grasp the economic implications of the Bill.
“And then also the people he is explaining what should be simple undergraduate economics to are S6 leavers’ party graduates,” he added.
The remarks have sparked debate online, with some supporting his criticism while others fault his tone.