Former Cross River State governor and presidential candidate of the Peoples Redemption Party, Donald Duke, has urged President Bola Tinubu to commercialise the by-products of crude oil to enable Nigerians access petrol at between N200 and N300 per litre. Duke said the federal government could significantly reduce the cost of petrol by supplying crude oil allocated for domestic refining at its production cost, rather than at the international market price, while selling other refined products at commercial rates. He spoke during an interview with journalists over the weekend in Abuja, against the backdrop of renewed debate over petrol subsidy following former Vice-President Atiku Abubakar's declaration that he would restore subsidy if elected president in 2027. Duke argued that the debate over subsidy had failed to take into account that crude oil produced in Nigeria is a national resource belonging to Nigerians.
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