N1,300 Petrol Price: Kenneth Okonkwo Speaks on Who is 'Unfit to Lead Nigeria'

N1,300 Petrol Price: Kenneth Okonkwo Speaks on Who is 'Unfit to Lead Nigeria'

  • Atiku campaign spokesperson Kenneth Okonkwo attacked the President Bola Ahmed Tinubu administration over petrol prices, insecurity, and alleged power sector failures
  • Okonkwo cited Aliko Dangote's claim that crude oil supply to domestic refineries could bring petrol prices down to N800 per litre
  • The remarks came as several 2027 presidential candidates have proposed sharply lower petrol prices ahead of the general elections

Legit.ng journalist Ridwan Adeola Yusuf has over 9 years of experience covering energy, MSMEs, technology, banking and the economy.

FCT, Abuja - Kenneth Okonkwo, spokesperson for the Atiku Abubakar presidential campaign, has said that any leader who expects Nigerians to keep paying N1,300 per litre for petrol has no business running the country.

Legit.ng reports that Okonkwo made the remarks on Arise TV while taking aim at President Bola Tinubu's administration over fuel costs, the state of the power sector, and purported worsening insecurity across the country.

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Kenneth Okonkwo says leaders supporting N1,300 petrol price are unfit to run Nigeria.
Kenneth Okonkwo says leaders backing N1,300 petrol are unfit to lead Nigeria. Photo credit: @realkenokonkwo
Source: Twitter
"Anybody who is telling you that Nigerians can pay N1,300 for fuel… I heard diesel had exceeded N2,000 Naira per litre," he said. "Anybody who is telling Nigerians to continue paying that is wicked, and is not fit to be a president in this country."

He argued that the federal government could bring prices down by directing crude oil to local refineries at lower rates and improving infrastructure for oil-producing companies. To support his case, he cited Aliko Dangote's reported position on the matter.

The Cable quoted Okonkwo as saying:

"Dangote himself said, if you supply all the crude I need, the price will come down to N800 instantly."

Petrol price debate heats up ahead of 2027 elections

Tinubu removed the petrol subsidy in May 2023, a move that sent fuel prices sharply higher and pushed up the cost of transportation and basic goods across Nigeria. The decision has since become a central issue among presidential candidates preparing for the 2027 general elections.

Read also

Tinubu, Obi, or Atiku? Top political stakeholder mentions who would win 2027 election

Atiku, who is running on the African Democratic Congress (ADC) platform, has pledged to bring back the subsidy if elected, saying the government has not been transparent about the savings from its removal.

Other candidates have gone further. Gbenga Olawepo-Hashim of the Accord Party promised to sell petrol at N605 per litre, while Peter Obi of the Nigeria Democratic Congress (NDC) opposed restoring the subsidy, instead advocating for recovered funds to be invested wisely.

This high cost creates serious financial pressure for citizens and business owners across Nigeria.
High petrol costs are putting serious financial pressure on Nigerians and businesses. Photo credit: Getty
Source: Getty Images

Okonkwo criticises grid collapses and kidnappings

Beyond fuel, Okonkwo accused the Tinubu administration of overseeing more national grid collapses than any previous government, pointing to Tinubu's own campaign pledge on electricity.

He said:

"Tinubu that ran on the basis that if I don't provide power for you, don't vote for me again. We have witnessed the highest grid collapses in Nigeria in history."

On security, Okonkwo condemned what he described as the administration's failure to protect communities from mass kidnappings, referencing a reported abduction of hundreds of people in Niger State.

"That commander-in-chief should go home to his village," he said. "He has just failed. And there's no consequence to anybody who did not perform. Atiku would not allow that."

Read also

Former governor compares Atiku's fuel subsidy proposal to APC's Muslim-Muslim ticket

Okonkwo also alleged that the government had granted N34 trillion in import waivers, and said Atiku's experience as vice-president from 1999 to 2007 and his work on the economic team under former President Olusegun Obasanjo made him the right candidate to turn things around.

Read more on Kenneth Okonkwo

Adebayo promises N200 fuel price slash

Earlier, Legit.ng reported that Adewole Adebayo, the candidate of the Social Democratic Party (SDP) in the 2027 elections, pledged to reduce the prices of petrol, cooking gas and aviation fuel (Jet A1) to N200 per litre within his first year in office if elected president.

The SDP presidential flagbearer explained that the proposed price reduction would be achieved by reviving Nigeria’s existing refineries and creating an enabling environment for modular refineries to operate.

Source: Legit.ng

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Ridwan Adeola Yusuf (Current Affairs Editor) Ridwan Adeola Yusuf is a content writer with more than nine years of experience, He is also a Current Affairs Editor at Legit.ng. He holds a Higher National Diploma in Mass Communication from the Polytechnic Ibadan, Oyo State (2014). Ridwan previously worked at Africa Check, contributing to fact-checking research works within the organisation. He is an active member of the Academic Excellence Initiative (AEI). In March 2024, Ridwan completed the full Google News Initiative Lab workshop and his effort was recognised with a Certificate of Completion. Email: ridwan.adeola@corp.legit.ng.