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Former Senate President Ahmad Lawan says delayed Petroleum Industry Bill cost Nigeria $235bn

Former Senate President Ahmad Lawan stated that the long delay in passing the Petroleum Industry Bill resulted in a loss of up to $235 billion in potential investments.

Ahmad Lawan, the former Senate President, revealed that Nigeria missed out on between $230bn and $235bn in investment opportunities. This financial loss occurred because the Petroleum Industry Bill was not passed for a prolonged period.

Brief written with AI from reporting by The Punch. All rights to the original story belong to the publisher.

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