The House of Representatives has stepped down the controversial Petroleum Industry Bill after an hour-long closed-door session.
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 harmonised PIB allocation to host communities which was pegged at three per cent.
The lawmakers were heard chanting “five per cent” as against the three pre cent at the floor of the House.
Meanwhile, in the Senate, the three per cent allocation to host communities was adopted despite protests by the senators.
The number in dispute is the percentage of the total operating expenses (OPEX) oil companies are expected to contribute to a trust fund created for host communities.
