{
  "id": 13082595,
  "title": "NLC gives FG two-week ultimatum to reduce petrol prices, renegotiate minimum wage",
  "url": "https://urgent.news/2026/10/09/nlc-gives-fg-two-week-ultimatum-to-reduce-petrol-prices-renegotiate",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-09T09:28:37.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/10/09/nlc-gives-fg-two-week-ultimatum-to-reduce-petrol-prices-renegotiate-minimum-wage/"
  },
  "original_language": "en",
  "account": "The Nigeria Labour Congress (NLC) has warned the Federal Government to reduce petrol prices, commence minimum wage renegotiations, and address other workers' concerns within two weeks or face potential further actions. This ultimatum was issued after a joint meeting of the NLC’s National Executive Council and Central Working Committee on October 7, 2026. The warning comes amid rising living costs and declining workers' purchasing power. The NLC seeks to reduce petrol prices to the levels set when the current national minimum wage was established in 2024, as well as initiate minimum wage negotiations before the end of October. High petrol prices have led to increased costs in transportation, food, and essential items, straining workers and households. Additionally, the union claims the current minimum wage has lost purchasing power due to naira depreciation and escalating living expenses, leaving workers unable to afford basic necessities. The NLC also demands agreed tax relief and wage awards to alleviate workers' pressure from rising costs. Failure to meet these demands within the given timeframe could result in further actions from the union. The Federal Government has proposed a 30-day petrol discount for NNPC Limited petrol sold to the public, prioritizing public transporters nationwide. Finance Minister, Taiwo Oyedele, mentioned that N15.8 trillion has been released to the Federation Account between June 2023 and December 2025 following the removal of petrol subsidies. The government plans to prioritize targeted interventions, local refining, CNG deployment, and tax and duty waivers instead of reinstating a blanket petrol subsidy. The NLC's call for fresh wage negotiations follows several states approving minimum wages higher than the N70,000 national benchmark signed into law by President Bola Tinubu in July 2024.",
  "summary": "The Nigeria Labour Congress (NLC) has given the Federal Government two weeks to reduce petrol prices, begin minimum wage renegotiations and address other outstanding workers’ demands. The post NLC gives FG two-week ultimatum to reduce petrol prices, renegotiate minimum wage appeared first on Nairametrics .",
  "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."
}