2027: I’ll Bring Fuel Price to N300/litre - Donald Duke
Duke said the lower price would come from domestic pricing changes, not a return to the subsidy regime.
- On Wednesday, Peoples Redemption Party presidential candidate Donald Duke pledged to reduce petrol prices to about ₦300 per litre if elected in 2027, emphasizing government's primary function is ensuring citizen productivity.
- Duke proposed allocating 600,000 barrels of crude daily for domestic consumption, aiming to decouple local prices from international export values so Nigerians do not pay global market rates for their own resources.
- Current pricing structures burden low-income Nigerians, Duke claimed, as energy costs consume significant household earnings; he dismissed traditional subsidy arrangements as unsustainable, focusing instead on production cost efficiencies.
- Competing 2027 presidential candidates proposed alternative pricing strategies: Social Democratic Party candidate Adewole Adebayo promised ₦200 per litre within 12 months, while Accord Party candidate Gbenga Olawepo-Hashim proposed starting at ₦605.
- The subsidy debate reveals a clear split among candidates, highlighting a divide in the 2027 contest between maintaining President Tinubu's market-based framework and restoring government intervention to make fuel affordable.
22 Articles
22 Articles
2027: Duke vows to reduce petrol price to ₦300 per litre if elected president
PRP presidential candidate Donald Duke says he will cut petrol to ₦300 per litre by allocating part of Nigeria’s crude production for domestic consumption, challenging the subsidy-free approach of President Tinubu and rival 2027 contenders.
2027: If elected, I’ll Bring Petrol Price Down To N300 per...
The Peoples Redemption Party (PRP) Presidential Candidate, Donald Duke, has promised to reduce the price of petrol to about N300 per litre if elected president. Duke, a former governor of Cross River State, said the proposed price would be achieved by changing the basis for pricing petroleum products meant for domestic consumption from international market rates to the cost of producing them locally. He made the proposal while appearing on Chann…
2027: I’ll reduce petrol price to N300 per litre if elected, says Duke
Former Cross River Governor, Donald Duke, says he will reduce the price of petrol to N300 per litre if elected president in the 2027 general election. Read More: https://punchng.com/2027-ill-reduce-petrol-price-to-n300-per-litre-if-elected-says-duke/
2027: I’ll bring fuel price to N300/litre - Donald Duke
The presidential candidate of the Peoples Redemption Party, PRP, Donald Duke, has vowed to bring the price of fuel to about N300 per litre if elected President in 2027. Duke made the pledge on Wednesday while fielding questions in an interview on Channels Television’s The Morning Brief. He was speaking on his plans for the […] 2027: I’ll bring fuel price to N300/litre – Donald Duke
Coverage Details
Bias Distribution
- 67% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
