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PRP presidential candidate, Duke, pledges N300 petrol price

Former Cross River State Governor Donald Duke has promised to slash the price of Premium Motor Spirit (PMS), commonly known as petrol, to N300 per litre if elected president under the platform of the Peoples Redemption Party (PRP) in 2027. Duke made the pledge during an appearance on Channels Television’s Morning Brief, where he criticized […]

Donald Duke, the presidential candidate of the Peoples Redemption Party (PRP), has announced his intention to reduce the price of fuel to ₦300 per litre if elected as president. The former governor of Cross River State made this statement during an interview on Channels Television’s The Morning Brief. Duke aims to achieve this by allocating 600,000 barrels of fuel for domestic consumption and selling the remaining 1,000,000 barrels at production cost, which is around $45.

This strategy contrasts with the current subsidy regime, where fuel prices are artificially inflated based on international market prices. Duke emphasized that under his leadership, fuel prices would be set based on production costs rather than the volatile international market, making fuel more affordable for the average Nigerian citizen.

He also stated that he would not continue President Bola Tinubu's policies if elected in the 2027 presidential election.

Written by urgent.news from The Chronicle Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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