Soaring Fuel Prices: Federal Govt Profiting While Workers Suffer, Says NLC

The Nigeria Labour Congress (NLC) has accused the federal government of benefitting from the surge in international crude oil prices while the country’s workers bear the brunt through rising petrol prices, transportation fares and declining purchasing power.
NLC president, Comrade Joe Ajaero, said the government should deploy the additional revenue accruing to the country from higher oil prices to cushion workers and households from the economic shock rather than leaving the citizens exposed to escalating living costs.
Ajaero spoke yesterday in Abuja at the National Pre-retirement Summit, where he called for early negotiations on a new national minimum wage and demanded that minimum p...