Minimum wage: Utomi seeks stakeholders’ summit on reconstructing economy

  • 📰 DailyPostNGR
  • ⏱ Reading Time:
  • 23 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 59%

Minimum Wage News

Utomi

A political economist, Prof. Pat Utomi, has called for the convocation of a stakeholders’ summit to discuss the country’s economy and suggest ways to reconstruct it. He made the call while speaking with the News Agency of Nigeria, NAN, on Monday in Lagos.

Utomi was reacting to the May 15 tripartite committee meeting on the new minimum wage, where organised labour pulled out, following disagreements that ensued. The political economist said that the problem was that the Nigerian economy was being mismanaged. According to him, the tripartite committee on the new minimum wage does not understand what it is dealing with.

“It means, for example, that we know that in agriculture, for certain legumes, in three months you can produce so much food, mobilise half of every village into farm protection army, since one of the big problems with why people are not farming is supposed to be insecurity. “Take another quarter, who are interested in massive agricultural investment or support and give every young person almost like Operation Feed the Nation of Obasanjo’s time.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines