NLC ISSUES TWO-WEEK ULTIMATUM TO FG OVER PETROL PRICES AND MINIMUM WAGE

The Nigeria Labour Congress (NLC) has issued a two-week ultimatum to the Federal Government, demanding action on petrol prices and the renegotiation of the national minimum wage. The ultimatum was reported by Channels Television on October 8 following a meeting of the NLC’s National Executive Council and Central Working Committee. According to the report, the deadline began on Friday, October 9, with the labour organisation warning that it could consider further action if its demands were not addressed. The NLC said the current minimum wage of ₦70,000 had become inadequate in the face of rising living costs. The organisation also called for measures to reduce the burden of petrol prices on workers and the wider population. Labour’s position reflects concerns that salary increases can lose their value when the prices of essential goods and services rise faster than workers’ incomes. Transportation costs affect workers travelling to and from their workplaces, while increases in food prices can consume a large proportion of monthly earnings. The NLC has argued that workers require measures that protect their purchasing power and improve their living conditions. The Federal Government, meanwhile, has maintained that restoring a blanket petrol subsidy would create additional pressure on public finances. Its response has included measures intended to cushion the effects of higher fuel costs without reversing the subsidy-removal policy. The disagreement therefore reflects a broader economic debate over how to balance government spending, market reforms and citizens’ immediate needs. The October 8 report established the NLC’s demands and the two-week deadline. However, the status of subsequent negotiations and any additional industrial action should be confirmed through a fresh NLC communiqué and an official government response.

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