Dear Compatriots,
1. This is the second time in two weeks I will address you on the
deregulation of the downstream petroleum sector. In the last seven days,
the nation has witnessed a disruption of economic activities.
Although, the economic imperatives for the policy have been well
articulated by government, the Nigerian Labour Congress (NLC) and the
Trade Union Congress (TUC) went ahead to declare a nationwide strike.
2. There was also near-breakdown of law and order in certain parts
of the country as a result of the activities of some persons or groups
of persons who took advantage of the situation to further their narrow
interests by engaging in acts of intimidation, harassment and outright
subversion of the Nigerian state. I express my sympathy to those who
were adversely affected by the protests.
3. At the inception of the deregulation policy, Government had set
up the Justice
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