‘Delayed petroleum bill cost Nigeria $235bn in investments’

The Punch | 12-10-2026 01:33am |

Former Senate President Ahmad Lawan has stated that Nigeria lost up to $235 billion in potential investments due to the delayed passage of the Petroleum Industry Bill. The prolonged failure to enact the bill hindered investment in the oil and gas sector. The bill was eventually passed in 2021 after years of deliberation.

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