NLC Demands Petrol Price Cut and Wage Renegotiation

The Nigeria Labour Congress (NLC) has given the Federal Government a two-week ultimatum, effective from Friday, October 9, to reduce petrol prices and commence renegotiation of the national minimum wage. This ultimatum was issued during a joint meeting of the National Executive Council (NEC) and Central Working Committee (CWC) held at the Olaitan Oyerinde Hall, Labour House, Abuja.

The NLC, led by President Comrade Joe Ajaero, emphasized that the current economic conditions have rendered workers' wages inadequate, necessitating immediate wage awards and tax relief for workers. The Congress demanded that the government reduce petrol prices to levels consistent with those when the current national minimum wage was signed in 2024, arguing that high petrol prices have exacerbated the cost of living.

The NLC also called for the government to honor agreements with healthcare unions and begin wage renegotiations by the end of October, citing the erosion of wages due to inflation and rising costs of basic necessities.