{
  "id": 12779732,
  "title": "TUC Tells FG: Implement N800 to $1 Exchange Rate to Reduce Fuel Price",
  "url": "https://urgent.news/2026/10/08/tuc-tells-fg-implement-n800-to-1-exchange-rate-to-reduce-fuel-price",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-08T03:22:39.000Z",
  "source": {
    "name": "This Day",
    "slug": "this-day",
    "url": "https://www.thisdaylive.com/2026/10/08/tuc-tells-fg-implement-n800-to-1-exchange-rate-to-reduce-fuel-price/"
  },
  "original_language": "en",
  "account": "The President of Trade Union Congress, Comrade Festus Osifo, has called on the federal government to strengthen the Nigerian Naira to between N700 and N800 against the US Dollar. Osifo made this call at a press conference after the union's National Administrative Council meeting in Abuja. He emphasized that the high exchange rate is a major factor behind rising prices of goods, including petrol. Osifo urged the government to act decisively to curb the insecurity plaguing the nation, stating that a stable country is essential for economic progress. He also reiterated the union's 15-point demand, with the exchange rate being a central issue. Osifo praised the Central Bank Governor for his efforts but reiterated that the Naira is still undervalued at 1,300 Naira to the Dollar. He expressed sympathy for the families of security personnel who have lost their lives in recent incidents and called for decisive action against those responsible for a recent incident in Niger State that left 37 people dead in custody.",
  "summary": "• Says FG should do more to secure citizens Onyebuchi Ezigbo in Abuja President of Trade Union Congress (TUC), Comrade Festus Osifo, has urged the federal government to strengthen the",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}