NLC seeks end to hike in petrol, inflation

The Nigerian Labour Congress (NLC) has called for urgent economic measures to stem the tide of rise in general price level in the country.

Mr Jerry Nnubia, Chairman of NLC in Anambra made the call in an interview with the News Agency of Nigeria (NAN), in Awka on Tuesday. Nnubia said it was unfortunate that the price of Premium Motor Spirit (PMS) popularly called petrol had persisted at over N120 against the government approved price of N86.5 per litre.

The chairmen urged the Federal Government to normalise petrol distribution and price systems as the activities in the sector was having serious economic consequences on the people.

He described the minimum wage as it now, as grossly inadequate in the face of present economic realities.

Nnubia reiterated that labour may ask members to stay at home until things normalised, but prayed it doesn't get to that stage.

"The Congress is very pained with what is going on with our economy, the fuel price is high and it is affecting every aspect of national life.

"Salaries are stagnant, cost of transportation is on the increase, house rent is increasing spirally, food prices are on the roof top, you discover that our take home is now grossly inadequate.

"We are calling on the government to urgently intervene by taking measures that can soothe the harsh effect of these realities on the masses especially labour.