HISTORY OF FUEL PRICE INCREASES IN NIGERIA

HISTORY OF FUEL PRICE INCREASES IN NIGERIA

 

 •Gowon - from 6k to 8.45k
•Murtala - from 8.45k to 9k
•Obasanjo - from 9k to 15.3k
•Shagari - from 15.3k to 20k
•Buhari - from 20k to 20k (Price remain the same)
•Babangida - from 20k to 39.5k
•Babangida - from 39.5k to 42k
•Babangida - from 42k to 60k (Private Vehicles)
•Babangida - from 60k to 70k
•Shonekan - from 70k to N5
•Abacha - from N5 to N3.25k (Price drops)
•Abacha - from N3.25k to N15
•Abacha - from N15 to N11 (Price drops)
•Abubakar - from N11 to N25
•Abubakar - from N25 to N20 (Price drops)
•Obasanjo - from N20 to N30
•Obasanjo - from N30 to N22 (Price drops)
•Obasanjo - from N22 to N26
•Obasanjo - from N26 to N42
•Obasanjo - from N42 to N50
•Obasanjo - from N50 to N65
•Obasanjo - from N65 to N75
•Yar'Adua - from N75 to N65 (Price drops)
•Jonathan - (New year present) N141
•Jonathan - (After labour strike) N97

From Gowon to Jonathan, BUHARI is the only Nigerian leader that never touched
the price of fuel (Increase or reduce).

YAR'ADUA is the only leader who did not increase the price, rather he reduced the pump price from N75 to N65 (RIP).