The Petroleum Industrial Bill 2020 has passed the first reading at the floor of the Senate on Wednesday.
After the bill was read, Ahmad Lawan, the Senate President, directed that full copies of the bill be distributed to all the lawmakers ahead of the second reading where details of the bill will be discussed.
Mr Lawan, on Tuesday, confirmed receipt of the legislation while he welcomed his colleagues back from the two-month long annual recess.
Both the Senate President and the Speaker of the House of Representatives, Femi Gbajabiamila, had promised speedy passage of the PIB.