Heat olive oil in a skillet over medium-high heat. Add chopped onion and bell pepper strips.

Once they start to soften, add the steak strips and sprinkle with fajita seasoning. Cook until steak reaches desired doneness.

Add Minute Rice, tomato sauce, and chicken broth. Stir well and let simmer according to rice package instructions.

Once the rice is fluffy and the dish is not too watery, add a generous amount of cheese dip over the top and allow it to melt.

Scoop onto plates and serve hot.