Abuja — As the National Assembly makes the last attempt to pass the Petroleum Industry Bill, PIB, the dichotomy between the North and the South has heightened over the consideration and possible passage of the bill. Major stakeholders in the North are uncomfortable with the passage of the bill, which is expected to give more financial muscle to the Southern communities in Nigeria, which control most of the oil facilities.
They express fear that passing the bill may inadvertently give more money to the region to the detriment of their impoverished area, yet to enjoy commercial oil boom proceeds but deeply devastated by Boko Haram insurgency.
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