NLC Gives FG Two-Week Ultimatum to Reduce Petrol Price, Renegotiate Minimum Wage
By Aviashima Toom, Abuja The Nigeria Labour Congress (NLC) has issued a two-week ultimatum to the Federal Government to take urgent measures to reduce the price of petrol and commence the renegotiation of the national minimum wage. The ultimatum was contained in a communiqué issued after a joint meeting of the National Executive Council (NEC) and Central Working Committee (CWC) of the NLC held at the Olaitan Oyerinde Hall, Labour House, Abuja, on Wednesda. The meeting, presided over by NLC President, Comrade Joe Ajaero, reviewed the economic situation in the country and what the union described as the worsening hardship confronting Nigerian workers and the wider population. The NLC expressed concern over rising inflation, the depreciation of the naira and the increasing cost of basic necessities, saying the purchasing power of workers had been severely eroded. According to the Congress, the current national minimum wage has been rendered inadequate by the rising cost o...