Nigerian lawmakers pass historic oil overhaul bill

FILE PHOTO: A woman walks over pipelines crisscrossing Ogoniland in Rivers State, Nigeria September 18, 2020. Picture taken September 18, 2020. REUTERS/Afolabi Sotunde//File Photo

LAGOS/ABUJA (Reuters) - Both chambers of Nigeria's parliament have passed a bill that overhauls nearly every aspect of the country's oil and gas production, putting a project that has been in the works for two decades one step closer to presidential sign-off.

Legislators have been hashing out details of the bill since President Muhammadu Buhari presented an initial version in September last year, but an overhaul has been in the works for some 20 years.