Heat the oil in a heavy bottomed skillet (preferably not non-stick) over medium-high heat. Add the peppers and onions and cook, stirring occasionally until the peppers and onions are charred and blistered.
Add in the rice, tomato sauce, chicken broth, fajita seasoning, lime juice, chicken, salt and pepper. Stir the mixture, scraping any browned bits off the bottom of the pan and bring to a boil. Reduce heat to a simmer, cover and cook for about 16 to 18 minutes, until rice is tender.
Fluff rice with a fork or wooden spoon and serve with the optional fajita toppings. Enjoy!
Homemade Fajita Seasoning Mix: Combine 1/2 teaspoon chili powder, 1/2 teaspoon paprika, 1/2 teaspoon garlic powder, 1/2 teaspoon cumin, 1/4 teaspoon dried oregano, 1/2 teaspoon sea salt, 1/8 teaspoon fresh ground pepper in a small bowl.