Dan Nwanyanwu, a former presidential contender, recently thought back on his earlier suggestion to charge ₦100 a liter for fuel in the event that he won. CONTINUE FULL READING>>>>>
Nwanyanwu stated in an interview with Channels TV that, if elected in 2023, he would bring fuel costs down to ₦100 within nine months.
Nwanyanwu explained his strategy involved fixing the Port Harcourt and Warri refineries, saying he knew the specific faults of the plants and had expert projections to support his plan.
When asked about practical considerations like the dollar exchange rate, Nwanyanwu asserted the rate would be “inconsequential” and not a major obstacle to achieving ₦100 fuel.
In Nwanyanwu’s own words: “I said after 9 months I will sell fuel for ₦100 and people asked me what will be dollar rate when you will be selling fuel for 100 naira. I said dollar rate will be inconsequential. Try your best endeavors to fix these two refineries (Port Harcourt and Warri) that were supposed to be working. Get it working.” CONTINUE FULL READING>>>>>
