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President Yoweri Museveni strongly advocates for value addition as a means to promote economic development and reduce poverty in Uganda. In his concept, value addition involves the process of transforming raw materials into finished products that have a higher value than the raw materials themselves.

Value addition is crucial for Uganda’s economic growth because it creates jobs, generates more revenue, and boosts exports. By adding value to raw materials, Ugandan producers can increase their profits and compete more effectively in global markets. Value addition can also help to diversify the country’s economy and reduce its dependence on primary commodity exports.

To promote value addition in Uganda, President Yoweri Museveni has launched a number of initiatives, including the National Development Plan, which prioritizes the development of agro-processing industries, and the Presidential Initiative on Banana Industrial Development, which aims to promote the production and processing of bananas into high-value products.

Overall, President Museveni’s concept on value addition is very good because it emphasizes the importance of transforming raw materials into finished products as a means to drive economic growth, creation of more jobs and reducing poverty in Uganda.