The Nigeria Labour Congress (NLC) has accused the Federal Government of benefiting from increased oil revenues arising from the recent surge in fuel prices while workers and other Nigerians struggle with rising transportation costs, food prices and declining purchasing power. The labour centre called for urgent intervention to cushion the impact of the fuel price increase, arguing that additional revenue from higher global oil prices should be deployed to protect workers and other vulnerable Nigerians. The NLC's position came as the Minister of Aviation and Aerospace Development, Festus Keyamo, SAN, said the current N70,000 national minimum wage was no longer sufficient to withstand the economic pressures confronting workers. The NLC also sought early commencement of minimum wage review talks.
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