Nigeria
NLC GIVES TINUBU TWO WEEKS TO CUT FUEL PRICE, REOPEN MINIMUM-WAGE TALKS AS PETROL HITS ₦1,430
The Nigeria Labour Congress has given President Bola Tinubu’s government two weeks to reduce petrol prices toward their 2024 level and begin negotiations for a new minimum wage, arguing that the ₦70,000 wage has been overwhelmed by rising living costs. The government, meanwhile, is proposing a ₦1,350-per-litre ceiling at the ex-gantry or landing-cost level, a 30-day discount at NNPC stations, tax relief and transport support while rejecting a return to blanket fuel subsidy. Petrol has recently sold around ₦1,430 per litre or more in major cities, intensifying pressure on transport, food and household costs.
BigV•11h ago•1 min read