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The History Of Fuel Price Increase In Nigeria - Politics - Nairaland

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Look At What A Police Officer Did To This Guy Because Of Fuel Scarcity / Shocking!!! Buhari did not Reduce fuel Price In His Time despite Oil price fall / Gbenga Adeyinka Mocks Jonathan Over N10 Fuel Price Reduction (2) (3) (4)

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The History Of Fuel Price Increase In Nigeria by Nobody: 2:25am On Dec 23, 2012
I didnt get this from a website.
Got it from the Fab. O. Onah's text book.
I also posted it on my blog where i made further indepth analysis

S/NO DATES ADMINISTRATION PRICE PERCENTAGE CHANGE
1 1978 Gen Olusegun Obansanjo. 15.37k -
2 1982 Alh. Shehu Shagari 20k -
3 1990 Gen Ibrahim Babangida 60K 300%
4 1992 Gen Ibrahim Babangida 70K 17%
5 1992 Gen Ibrahim Babangida N3.25K 364%
6 1993 Gen Ibrahim Babangida N5.00 54%
7 1994 Chief Ernest Shonekan N11.00 120%
8 1994/98 Gen. Sani Abacha N11.00 -
9 2000 Olusegun Obasanjo(civilian) N20.00 82%
10 2000 Olusegun Obasanjo N22.00 10%
11 2001 Olusegun Obasanjo N26.00 18%
12 2003 Olusegun Obasanjo N40.00 54%
13 2004 Olusegun Obasanjo N45.00 13%
14 2007 Olusegun Obasanjo N70.00 56%
15 2007 Alh Umaru S. YarAdua N65 0.07%
16 2012 Dr. Goodluck Jonathan N141.00 117%

IM NOT AFFLIATED WITH ANY OF THESE PEOPLE IN ANYWAY BUT IF YOU ASK ME, I WOULD SAY THAT BUHARI AND YAR
ADUA WAS THE BEST!
Re: The History Of Fuel Price Increase In Nigeria by Nobody: 3:10am On Dec 23, 2012
icebeatz:
S/NO DATES ADMINISTRATION PRICE PERCENTAGE CHANGE
1 1978 Gen Olusegun Obansanjo. 15.37k -
2 1982 Alh. Shehu Shagari 20k -
3 1990 Gen Ibrahim Babangida 60K 300%
4 1992 Gen Ibrahim Babangida 70K 17%
IM NOT AFFLIATED WITH ANY OF THESE PEOPLE IN ANYWAY BUT IF YOU ASK ME, I WOULD SAY THAT BUHARI AND YAR
ADUA WAS THE BEST!


There is no Buhari in Above oo

1 Like

Re: The History Of Fuel Price Increase In Nigeria by karlmax2: 3:21am On Dec 23, 2012
Op here's what wikipedia has to say about your so called best president!!!

Buhari government

Major-General Buhari was selected to lead the country by middle and high-ranking military officers after a successful military coup d'etat that overthrew civilian President Shehu Shagari on December 31, 1983. At the time, Buhari was head of the Third Armored Division of Jos.[4] Buhari was appointed Head of State and Commander-in-Chief of the Armed Forces, and Tunde Idiagbon was appointed Chief of General Staff (the de facto No. 2 in the administration). Buhari justified the military's seizure of power by castigating the civilian government as hopelessly corrupt, and his administration subsequently initiated a public campaign against indiscipline known as "War Against Indiscipline" (WAI). Aspects of this campaign included public humiliation of civil servants who arrived late for work whilst guards were armed with whips to ensure orderly queues at bus stops.[5]

He also moved to silence critics of his administration, passing decrees curbing press freedoms and allowing for opponents to be detained up to three months without formal charges.[6] He also banned strikes and lockouts by workers[6] and founded Nigeria's first secret police force, the National Security Organization.[7] His government sentenced popular musician and political critic Fela Kuti to ten years in prison on charges that Amnesty International denounced as fabricated and politically motivated;[8] Kuti was later pardoned and released by Buhari's successor.[9] In another high-profile incident that sparked a diplomatic incident with Britain, British officials found Buhari's former transportation minister drugged in a crate marked for shipment to Lagos.[10]

According to the BBC, "Buhari's attempts to re-balance public finances by curbing imports led to many job losses and the closure of businesses."[11] These losses were accompanied by a rise in prices and a decline in living standards.[11] Some may hold contrary view to this assertion and call it mischievous though,[12] because Buhari is admired by many for his uprightness and stand against corruption. His government is revered for its ability to keep the country afloat by making progress through sheer economic ingenuity even when it rejected IMF loan and refused to adopt IMF conditionalities to devalue the Naira.[13] His government is praised for its gain in reducing inflation by refusing to devalue the nation's currency, the Nigerian Naira, curbing imports of needless goods, curtailing oil theft and using counter trade policy to barter seized illegally bunkered crude oil for needful goods like machineries, enabling it to export above its OPEC quota.[14]

http://en.m.wikipedia.org/wiki/Muhammadu_Buhari
Re: The History Of Fuel Price Increase In Nigeria by Nobody: 4:30am On Dec 23, 2012
karl max: Op here's what wikipedia has to say about your so called best president!!!

Buhari government

Major-General Buhari was selected to lead the country by middle and high-ranking military officers after a successful military coup d'etat that overthrew civilian President Shehu Shagari on December 31, 1983. At the time, Buhari was head of the Third Armored Division of Jos.[4] Buhari was appointed Head of State and Commander-in-Chief of the Armed Forces, and Tunde Idiagbon was appointed Chief of General Staff (the de facto No. 2 in the administration). Buhari justified the military's seizure of power by castigating the civilian government as hopelessly corrupt, and his administration subsequently initiated a public campaign against indiscipline known as "War Against Indiscipline" (WAI). Aspects of this campaign included public humiliation of civil servants who arrived late for work whilst guards were armed with whips to ensure orderly queues at bus stops.[5]

He also moved to silence critics of his administration, passing decrees curbing press freedoms and allowing for opponents to be detained up to three months without formal charges.[6] He also banned strikes and lockouts by workers[6] and founded Nigeria's first secret police force, the National Security Organization.[7] His government sentenced popular musician and political critic Fela Kuti to ten years in prison on charges that Amnesty International denounced as fabricated and politically motivated;[8] Kuti was later pardoned and released by Buhari's successor.[9] In another high-profile incident that sparked a diplomatic incident with Britain, British officials found Buhari's former transportation minister drugged in a crate marked for shipment to Lagos.[10]

According to the BBC, "Buhari's attempts to re-balance public finances by curbing imports led to many job losses and the closure of businesses."[11] These losses were accompanied by a rise in prices and a decline in living standards.[11] Some may hold contrary view to this assertion and call it mischievous though,[12] because Buhari is admired by many for his uprightness and stand against corruption. His government is revered for its ability to keep the country afloat by making progress through sheer economic ingenuity even when it rejected IMF loan and refused to adopt IMF conditionalities to devalue the Naira.[13] His government is praised for its gain in reducing inflation by refusing to devalue the nation's currency, the Nigerian Naira, curbing imports of needless goods, curtailing oil theft and using counter trade policy to barter seized illegally bunkered crude oil for needful goods like machineries, enabling it to export above its OPEC quota.[14]

http://en.m.wikipedia.org/wiki/Muhammadu_Buhari



Buhari didn't conform with IMF, World bank etc.. And he also had a rift with UK and the USA.. You think they will write anything good about him?

Even Americans said Buhari was too pro Nigeria and patriotic!

Stop your smear campaign!! Buhari is the best and GEJ has the chance to be the best before 2015!

And when did wiki that anyone can edit become source of information? Even you may have edited that shit! Evil human being



I can only laugh at the souls Hades will gladly take! Yours, pointB and Sincere_9gerian! Your consciences will so bite y'all in the grave! Y'all gon see but can't tell!

Death awaits silently to do the job hahaha!! Y'all never see. The curses on the lips of our children dying are already in heaven and it shall come on y'all forever!!

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Re: The History Of Fuel Price Increase In Nigeria by AbdulAdam56(m): 6:25am On Dec 23, 2012
Gen Buhari nd late musa yar,adu.a,are the best president ever.

1 Like 1 Share

Re: The History Of Fuel Price Increase In Nigeria by Nobody: 8:56am On Dec 25, 2012
OBASANJO AND JONATHAN AND IBB ARE THE WORST OF EM ALL!
Re: The History Of Fuel Price Increase In Nigeria by Nobody: 8:59am On Dec 25, 2012
To get a more comprehensive post and the 7 aluu videos; visit my blog.

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Re: The History Of Fuel Price Increase In Nigeria by Nobody: 10:22am On Dec 25, 2012
The history of fuel price increase as given by @Op is incorrect in some areas. For instance, he claimed Abacha didn't increase fuel price. This is incorrect. Abacha increased fuel price from N5 per litre to N11 per litre and created PTF, which was headed Buhari to manage the savings/funds made from that increment. Also Yar Adua was about increasing fuel price before he developed serious health challenges. In fact, then the NNPC had started public awareness and TV commercials on impending de-regulation, and there was severe fuel scarcity at that time. These are FACTS

1 Like

Re: The History Of Fuel Price Increase In Nigeria by Nobody: 9:59pm On Dec 25, 2012
This is as accurate as accurate can be!
for all we know; OBJ and IBB ruined Nigeria!!
Re: The History Of Fuel Price Increase In Nigeria by Nobody: 1:59am On Dec 26, 2012
Got to find it online... that is the link above.
Re: The History Of Fuel Price Increase In Nigeria by Nobody: 3:51am On Dec 26, 2012
that is because he never increased fuel price.

Also Abacha made minimal increases

donroxy:


There is no Buhari in Above oo
Re: The History Of Fuel Price Increase In Nigeria by Nobody: 3:53am On Dec 26, 2012
dont forget Abacha oo!
Abdul Adam56: Gen Buhari nd late musa yar,adu.a,are the best president ever.
Re: The History Of Fuel Price Increase In Nigeria by Nobody: 3:58am On Dec 26, 2012
i discovered a more comprehensive sha...
will upload it later
Re: The History Of Fuel Price Increase In Nigeria by oluspencer(m): 9:50am On May 12, 2015
icebeatz:
OBASANJO AND JONATHAN AND IBB ARE THE WORST OF EM ALL!


Abacha was better than dem!!!
Re: The History Of Fuel Price Increase In Nigeria by Brymore(m): 6:57pm On Apr 23, 2016
AbdulAdam56:
Gen Buhari nd late musa yar,adu.a,are the best president ever.

Hmmmmmm

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