MINIMUM WAGE

✅Earned FAO, WFP, WORLD BANK, IDA, IFAD, IMF, United Nations, ROOKEFEELER FOUNDATIONS, BBC NEWS,UNIICEF, UNSDG, JAGABAN ARMY, PUNCH NEWSPAPERS, GUARDIAN Newspapers, AIT, Today Reporters, Ripples News, National Economy etc. TopFan Barges.
✅Member NAAJ, PAAJ, IFAJ AND AFAN.
✅CONSULTANCY SERVICES IN HUMAN CAPITAL AND VALUE CHAIN DEVELOPMENT CONSULTANCY IN FOOD PROCESSING TECHNOLOGY.

OPEN MONEY OPERATIONS . Utmost considerations should be taken on the magnitude of increase in the minimum wage (the Federal government proposed 62,000Naira from 30,000.Naira) as this would increase liquidity and money supply leading to inflation (currently 33.98%- July ’24) a development which will make the Central Bank of Nigeria to mop up the excess money through Open Money Operations (OMO) .
**The Organised Private Sector’s (Ops) hands are tied in this imbroglio of minimum wage because the national productivity is about 7% , the MSMES (the engine room of GDP. ) are struggling to survive. The productivity is tied to logistics essentially fossil fuel, the various technologies and raw materials driving the economy are about 90% imported. *
✅Also, because of inadequate resources available to the federal Government to adequately fund Human Capital and Value Chain Development Consultancy vis-a-visa economic development, government should grant complete tax holidays to private operators in Agriculture, Education and Health sector so as to complement government’s efforts.
* Inflation is currently 33.98%, the various State & LG may not be able to afford the minimum wage,
If minimum wage for the federal public sector with (only 1.3million staff) is outrageous,out of 220million population, the market becomes unattainable.
✅ Should labor win in their bid, within a short period of time the national economic structure will collapse.
At WufasAgronet, we have identify about 15 giants plaguing the Nigerian economy which must be dealt with : Corruption, Population explosion admist pausity of fund, Hunger, Diseases, Insecurity, Lack of defined National policy, Illiteracy, Sabourtours, Aimlessness, Indeciplined Civil servants, Direct looting of the treasury, Voidness in extant law implementation , Ignorance, Political immaturity, Lack of adequate manpower and technology, Visioness amongst others.

At WufasAgronet, we are competent and reliable Food Technologists into Human Capital and Value Chain Development Consultancy in Food Processing technology training the teeming youthful population including teirary institutions graduates in Global Competitiveness and International Best practices in Food Processing technology. Contact email wufasagronet@gmail.com