Trending: Ugandans try to make sense (or nonsense) of BoU’s Shs125m pens

Yesterday, it was revealed that Bank of Uganda spent Shs125m on 350 pens, to commemorate the 50th anniversary of the bank, meaning that each pen cost Shs357,000.



NTV broke the story indicating that the pens were procured through Aristoc Booklex Ltd.

Bank of Uganda Communications Director, Christine Alupo, told NTV that the money was used not just to procure pens but also other memorabilia for the high profile local and international guests.

Ugandans have taken to social media to poke fun at the extravagant expenditure by the bank.




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