NLC has urged the government to grant wage awards and cost of living allowance, warning workers are struggling with soaring prices.
Nigeria Labour Congress (NLC) has asked the federal and state governments to urgently grant Wage Award and Cost of Living Allowance (COLA) to all workers to cushion the effect of the high cost of living.
NLC cautioned against allowing the estimated N30 trillion oil windfall expected to accrue to Nigeria as a result of the current Middle East war go the way of the Gulf Oil windfall that was largely unaccounted for.
Against the skyrocketing prices of Premium Motor Spirit resulting from the ongoing United States, Israeli war against Iran, NLC said millions of Nigerian workers were bearing the brutal cost of a global capitalist crisis they did not create
In a statement signed by NLC President Joe Ajaero, the labour centre said petrol prices in Nigeria had skyrocketed to between N1,170 and N1,300 per litre.
It said the cost of PMS and AGO had made transportation a noose around workers’ necks while food inflation was galloping, and meagre wages were being swallowed by the induced scarcity.
NLC lamented that current wages were now mere stipends of starvation.
The statement said, “The Nigeria labour Congress subsequently demands an immediate wage award and cost of Living Allowance (COLA) for all workers to cushion the high cost of living.
