Donald Duke
2027: Donald Duke Pledges To Bring Petrol Price Down To N300 Per Litre
Presidential candidate of the Peoples Redemption Party (PRP), Donald Duke, has pledged to work towards reducing the price of petrol to about N300 per litre if elected president in the 2027 presidential election.
Duke, a former governor of Cross River State, made the pledge during an interview on Channels Television’s The Morning Brief, where he outlined his proposed approach to the petroleum sector and Nigeria’s wider economy.
The PRP candidate said petroleum products for domestic consumption should be priced based on the cost of production rather than being fully exposed to international market prices.
He proposed allocating about 600,000 barrels of crude oil per day for domestic consumption, while selling the remaining crude on the international market.
Asked what petrol could cost under his proposed administration, Duke said: “I will try and bring it to about N300.”
He acknowledged that the target could appear ambitious but maintained that his proposed crude allocation and domestic pricing model could make it achievable.
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Duke argued that fuel prices have a direct impact on transportation, businesses and household expenses, making affordable energy important to economic activity.
“Fuel drives your economy. It should be available. It should be affordable,” he said.
The former Cross River governor also indicated that he would pursue a different economic approach from the policies of President Bola Tinubu if elected.
His proposal comes amid continuing debate over petrol prices, fuel subsidy removal, domestic refining and crude oil allocation in Nigeria.
The N300 target is part of Duke’s proposed 2027 economic agenda and would depend on the implementation of the policies he has outlined if he wins the presidential election.
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