NLC Demands Petrol Price Cuts and Wage Talks from FG
The Nigeria Labour Congress (NLC) has given the Federal Government a two-week ultimatum starting October 9, 2026, to reduce petrol prices and initiate renegotiations for the minimum wage. This decision was made during a joint meeting of the NLC’s National Executive Council (NEC) and Central Working Committee (CWC) in Abuja on October 7, 2026, and was signed by NLC President Joe Ajaero.
The NLC demands that petrol prices be reduced to levels that were in effect when the national minimum wage was established in 2024 and that wage negotiations commence before the end of October. The union argues that high petrol prices have exacerbated transportation and food costs, significantly impacting workers' purchasing power due to naira depreciation.
Additionally, the NLC is seeking tax relief and wage awards to alleviate the financial burden on workers. They warned that failure to meet these demands could lead to further actions.
In response, Finance Minister Taiwo Oyedele announced a 30-day petrol discount to help mitigate high fuel prices.
Plus234Feed summary based on reporting from Nairametrics. Read the original report below.
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