The Sokoto State governor, Aminu Tambuwal, said on Monday, November 23, that the refusal of former President Goodluck Jonathan to sign the constitutional amendment presented by the 7th Assembly in 2015 cost Nigeria a lot.
Tambuwal was the Speaker of the House of Representatives during the time.
Tambuwal made this disclosure at a workshop titled: “Building Partnership for Resilience: Nigeria’s Turning Point,” organised by the Nigerian Economic Summit Group (NESG) in Abuja.
Jonathan, who addressed the Senate before he left office in 2015, pointed out shortcomings in some sections of the bill.
He faulted Section 4 of the Fourth Alteration Act, 2015, which seeks to alter Section 9 of the 1999 Constitution by inserting a new subsection 3A, which dispenses with the assent of the President in the process of a constitutional amendment.
Meanwhile, the latest data issued on Sunday, November 22, by the Nigerian National Petroleum Corporation (NNPC) showed a total of N81.41bn was expended on Nigeria’s refineries between January and August 2020.
However, the NNPC revealed the facilities refined no drop of crude oil all through this period.
Kaduna Refining and Petrochemical Company; Port Harcourt Refining Company; and Warri Refining and Petrochemical Company posted a cumulative revenue of N6.54bn during the eight-month period.
With revenue of N6.54bn and a total expense of N81.41bn, the facilities ended up with a deficit of N78.87bn; according to figures contained in the just-released August 2020 report of the NNPC.
Furthermore, the revenue, expense, and deficit of KRPC during the period under review were N6.22bn, N33.61bn, and N27.39bn respectively.
PHRC posted a revenue, expense, and deficit of N61m, N25.57bn; and N25.51bn respectively from January to August 2020.
Similarly, WRPC earned revenue of N257m, incurred an expense of N22.23bn; and posted a deficit of N21.98bn during the same period.
1st News garnered from the NNPC report that the facilities had been running; without refining any volume of crude oil.
Data from the consolidated refineries operations put the volume of crude processed by the facilities from August 2019 to August 2020 at zero metric tonnes.
With a cumulative plant capacity of 445,000 barrels per day; the facilities posted a capacity utilisation of zero percent all through the 13-month period.