The Accord Party presidential candidate, Dr Gbenga Olawepo-Hashim, says an Accord administration could set a sustainable petrol price of ₦605 per litre and that the price could later drop to around ₦200 per litre, potentially within a range of ₦200 to ₦300. He links the projected reduction to improvements in key cost drivers.
Both outlets report that Olawepo-Hashim’s forecast depends on Nigeria stabilising production costs and the exchange rate. Vanguard also states that if these conditions are met, petrol may eventually fall further, suggesting the lower ₦200–₦300 outcome is contingent rather than guaranteed. Legit.ng likewise frames the ₦200 per litre figure as a possibility if Nigeria fixes production costs and exchange rates.
While neither outlet provides detailed policy mechanisms or timelines beyond the 2027 framing, both present the same core claim: the candidate proposes a staged path from an initial ₦605 price toward a potential ₦200–₦300 level depending on macroeconomic and supply-side conditions.
