The House of Representatives has stepped down the Petroleum Industry Bill (PIB) after an hour-long closed-door session.
According to reports, further deliberation is expected to hold over the decision while the House is on recess.
Earlier in the day, lawmakers from the South-South had opposed the harmonized PIB allocation to host communities which were pegged at three percent.
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The lawmakers were heard chanting “five percent” against the three percent at the floor of the House.
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This controversy resulted in the house going into a closed-door session.
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