Donald Duke Targets ₦300 Petrol Price in 2027 Presidential Bid

Donald Duke, who previously served as Cross River State Governor, is running as the Peoples Redemption Party's 2027 presidential candidate. He has committed to reducing petrol prices to ₦300 per litre should voters elect him.

During his Channels Television appearance, Duke laid out his vision for energy costs and broader economic governance. Central to the PRP candidate's platform is a major overhaul of Nigeria's fuel pricing methodology.

Duke proposes shifting away from international market rates as the foundation for domestic petrol costs. Instead, production expenses would determine what Nigerians pay at the pump.

He condemned the existing subsidy framework, calling it a scam rather than a legitimate policy tool. According to Duke, making fuel affordable matters greatly for national productivity and reducing strain on households and enterprises.

Government, he contends, must foster an environment where businesses and ordinary people thrive. Reasonably priced energy represents one crucial element of this vision.

Frustration with fuel expenses has mounted considerably since subsidies were eliminated in 2023. Duke's target of ₦300 sits well below what Nigerians currently pay, reflecting public anxiety over transport and production costs.

The specifics of how his production-cost approach would achieve this target remain unclear from statements made so far.