House of Rep has passed Petroleum Industry Bill

Heehehe...House of Reps members today passed the controversial Petroleum Industry Bill. The House members had on Tuesday June 2nd suspended its deliberation on the bill due to some unresolved clauses and a committee was set up with the view of settling all the issues in the bill.

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The members on resumption today chorused "Ayee" as the Deputy House Speaker Emeka Ihedioha called for a vote on the bill. The Petroleum Industry bill will among other things help create a more conducive business environment for petroleum operations and enhance exploration of petroleum resources in Nigeria.