₦airaland Forum

PRP Presidential Candidate, Donald Duke Promises ₦300 Per Litre Of Petrol

Presidential candidate of the Peoples Redemption Party (PRP) Donald Etim Duke has vowed to bring the price of fuel to about ₦300 per litre, if elected as Nigeria’s President in 2027.

Duke made the pledge Wednesday 7 October 2026 on Channels Television’s The Morning Brief, and also expounded on his plans for the economy plus his expectations for the 2027 election.

According to him, slashing the price of gasoline would be one of his cardinal measures because of the role the product plays in the country’s economy.

He stressed that availability and affordability of fuel are important to the productivity of Nigerians and the wider economy.

Asked what he considered a realistic price for petrol under his administration, Duke responded:

“Try and bring it to about ₦300. I’ve said several times that the function of government is to ensure the productivity of their citizens within a safe and orderly environment.

“Fuel drives your economy. It should be available. It should be affordable,” he said.

Source

Mr duke but ATIKU promise free petrol to Nigerians forever

yarimo:
Mr duke but ATIKU promise free petrol to Nigerians forever

Interesting!

So, who has your vote among all the presidential candidates?

This one’s a joke of a candidate—how exactly does he plan to bring fuel down to ₦300? Does he think Nigeria owns 100% of its crude, or is he ready to forfeit crude revenue and run the federation aground, just like he did with Tinapa, thanks to his zero foresight?

yarimo:
Mr duke but ATIKU promise free petrol to Nigerians forever

No, he didn't. Atiku will introduce production subsidies that will reduce the price of locally refined fuel and help bring down the price of fuel. He will do this because he has no stake in Malta refineries abroad.

Atiku’s subsidy plan has penetrated the grassroots and some other aspirants who previously thought they will gain points for being seen as "consistent" are now making a u-turn. You cannot afford to be consistent in backing a policy that has turned out to be a disaster.

Are these presidential candidates buying madness from one secret market that we don't know about?

145 or nothing

1234677890

NaijaphiliaBlog:
Interesting!

So, who has your vote among all the presidential candidates?

You must be new to nairaland you are asking the chief resident Zone Beee in the house who he is voting for?

He is the oga patapata of Agbadorians

Please don't make racist and tribalistic comments on this section

lionshare:
This one’s a joke of a candidate—how exactly does he plan to bring fuel down to ₦300? Does he think Nigeria owns 100% of its crude, or is he ready to forfeit crude revenue and run the federation aground, just like he did with Tinapa, thanks to his zero foresight?

My brother.

Does he know the cost of refining alone sef?
How these people even take get followers they shock me

Ho do you want to achieve this?

He can do it. He doesn't talk anyhow. Very disciplined man. No EFCC case. Clean record.

This is nothing but a mere political statement to sway support towards him and his political party.

The more you look, the less you see when it comes to Nigeria politics.

Saying this without giving the slightest clue the pathway through which you intend to achieve it is simply demonstrating a Gringori like behaviour.

Donald Duke Is a Good Man, But He Should Please Step Down For Peter Obi And Work With Him, Peter is What Nigerians Need At this Point in Time

Mtcheewwwwwwwwwwwwww

NaijaphiliaBlog:
PRP Presidential Candidate, Donald Duke Promises ₦300 Per Litre Of Petrol




Source

Mr Donald are you the owner of Strait of HORMUZZ

Even if I wanted to vote for him and he comes out to say this, I'd change my mind immediately, because this is dumbest whining amongst others. Even though it could be realistic but it can only come from a transparent candidate like Peter Obi. But you see all these fake Bishops mobilizers and likes... Run oo! Buhari no promise N1 to $1? Abi mek we talk about the French house keeper, abeg mek una go with una voodoo promises...

lovetterrison:
Mr Donald are you the owner of Strait of HORMUZZ

It was #180 just three years ago

omenka:
Saying this without giving the slightest clue the pathway through which you intend to achieve this is simply demonstrating a Gringori like behaviour.

The opposition are in a fierce contest for who can be the most ridiculous because the eventual winner will take the most of the obidient voters, since they have high affinity for such grandiose delusions and barefaced deceit

Another day to remind you that only opposition can solve Nigeria's problems. Once they get into power, the cycle continues

Just like some broom sticks promised 1$ = 1 Naira

Nigeria can survive with 200naira per litre petrol.......since it's our natural resources and we are selling it to outside countries



But wickedness will not make the leaders to allow the poor to breathe

What that guy did in cross river then shows his leadership capabilities

the strait of hormuz owner is finally contesting for Nigeria president

Same field, same play tool and basically the same kind of skill.

Yes Nigeria owns its crude, so it can legitimately supply local refiners at a domestic price, as other producers do. He's right that world prices needn't dictate what Nigerians pay, and that high fuel costs hit low-income workers hardest.
But it's a subsidy paid as forgone export revenue, roughly $12bn a year on his own figures, with no word on who absorbs it. His $45 cost implies about N380 a litre at 1,340 to the $, above his N300, and cheap crude doesn't guarantee a cheap pump price.
The $12bn figure doesn't depend on the exchange rate, since it's in dollars (about $55 a barrel of discount on 600,000 barrels a day).

It now clearly shows the opposition candidates have nothing to offer Nigerians than deceit or at best preparing to return Nigerians back to Egypt.

yarimo:
Mr duke but ATIKU promise free petrol to Nigerians forever

When, where and how did Atiku promise that in APC's balablu bulaba propaganda world of liars

Sirseedorf:
the strait of hormuz owner is finally contesting for Nigeria president

Maybe it's even strait of Duke all these while we have been calling it strait of Hormuz.

Guestmale:
It now clearly shows the opposition candidates have nothing to offer Nigerians than deceit or at best preparing to return Nigerians back to Egypt.

What part of the results of PDP's 16 years of cheap petrol, prosperity etc that was built on deregulation and privatisation policies, looks like Egypt to you sir?

anonimi:
How Indorama sustains manufacturers, boosts Nigeria’s FX earnings

Indorama Eleme Petrochemicals Limited (IEPL) has emerged as a major value creator in the Nigerian economy. It is responsible for the survival, growth and sustenance of many manufacturing companies in Nigeria today. A large number of plastic and allied firms depend on the Eleme-based company for petrochemical resins (or polymer resins) which serve as their raw materials.

The petrochemical company is just one of the several subsidiaries of Indorama-Nigeria Group, which also comprises Indorama Eleme Fertilizer & Chemicals Limited (IEFCL), Indorama PET Nigeria Limited, and Indorama Port Operations.

Since Indorama Corporation of Indonesia became core investor in the old Eleme Petrochemicals Company Limited (EPCL) in 2006 through privatisation programme of the Federal Government, the group has become a game changer in the Nigerian economy.

The petrochemical company has solved the major challenge facing a number of manufacturers— poor access to raw materials. Rather than scramble for foreign exchange to import inputs, the company ensures that manufacturers have access to their critical raw materials, enabling them to save costs and improve margins.

The major resins used by plastic and allied companies are polyethylene and polypropylene. Indorama produces about 45 grades of these products for various industries. About 600 of such companies in Nigeria depend on IEPL for their survival. They are estimated to have over 90,000 workers.

https://businessday.ng/real-sector/article/how-indorama-sustains-manufacturers-boosts-nigerias-fx-earnings/

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Nemere2020:
The Minister of Finance and Coordinating Minister of the Economy Chief Olawale Edun has said the last time Nigeria’s economy looked stable was about a decade ago.

He made this statement during his maiden press conference as Minister of Finance where he outlined President Bola Tinubu’s vision, agenda and strategy for the economy.

He said, “I think as we all know, we are not where we should be. The economy is barely growing above the rate of population growth.

“But it was not always so, and I think in trying to look at the way forward, if we now have a situation of slow growth, double-digit inflation, weak/depreciating exchange rate, as well as security concerns that are resulting in an economy that is not growing and not taking Nigerians out of poverty.

“If we think back to the last time when the economy was stable- when it was growing, when inflation was low, and the interest rate was affordable, that period was about a decade ago. Growth was about 6% in 2013 and 2014.”

https://nairametrics.com/2023/09/01/the-last-time-nigerias-economy-was-stable-was-about-a-decade-ago-wale-edun/