COMMUNIQUE ISSUED AT THE END OF AN EMERGENCY MEETING OF THE NATIONAL EXECUTIVE COUNCIL (NEC) OF THE NIGERIA LABOUR CONGRESS (NLC) HELD ON TUESDAY DECE
An emergency meeting of the National Executive Council (NEC) of the Nigeria Labour Congress (NLC) held on Tuesday December 15, 2009, and considered the report of the Committee on Deregulation it set up on November 12, 2009. After due deliberations on the report, NEC arrived at the following resolutions: 1. That NEC-in-session has taken note of all the submissions made to Congress organs and to the Committee on Deregulation. 2. That NEC is convinced that the petroleum sector needs a holistic restructuring in order to ensure stability of production, distribution and even pricing. 3. NEC also observes that corruption is endemic in the sector and immensely contributes to the problems of the sector. 4. NEC as a result of the above further resolve that while agreeing to the issue of restructuring of the downstream sector of the petroleum industry for effective delivery, it is unequivocally opposed to any increase in the prices of petroleum products and that government, as a matte