HISTORY OF FUEL PRICE INCREASES IN NIGERIA
Gen Yakubu Gowon 1973, 6k to 8.45k
Gen Murtala Muhammed 1976, 8.45k to 9k
Gen Obasanjo 1st oct, 1978 -9k to 15.3k
Alh Shehu Shagari 20th april, 1982 15.3k to 20k
Gen IBB 31 march, 1986 -20k to 39.5k
Gen IBB, 10 april, 1988 -39.5k to 42k
Gen IBB, 1 jan, 1989 -42k to 60k private vehicles.
Gen IBB 19 Dec, 1989 Moved to uniform price of 60k
Gen IBB 6 march, 1991- 60k to 70k
Gen M B, 1992. 70k
Chief Ernest Shonekan, 8 nov. 1993 70k to N5
Gen sani Abacha, 22 Nov 1993 Petrol price drops from N5 to 3.25k
Gen Abacha 2 oct, 1994 N3.25k to N15
Gen Abacha, 4 oct, 1994 Price drops from N15 to N11
Gen Abdulsalam 6 jan, 1999
N25 to N20
Chief OBJ 1 june 2000 N20 to N30
Chief OBJ 8 june, 2000 Price reduced to N22
Chief OBJ 1 jan 2002 N22 to N26
Chief OBJ, june to Oct, 2003 N26 to N42
Chief OBJ 29 may, 2004 N50
Chief OBJ 25 aug 2004 N65
Chief OBJ 27 may, 2007 N70
Late Yar'Adua. June 2007 N65
GEJ 1st jan 2012 N141
GEJ 17 jan, 2012 N97
Records:
BUHARI is the only Nigerian Leader from Gowon's
regime, Who never touched Price of fuel.
YAR' ADUA was the only leader who did not increase,
rather he reduced petrol price from N70 to N65.
And GEJ gave Nigeria the highest percentage of fuel price increase.
Question: Who is the Nigerian Leader that will reduce it for us?

You see when we talk some mumu(full meaning) mugulicious mugu go come they post Gej till 20*** I no go say anything o! but the Thunder wey go fire una dey await una till 2015 #teamBuhari

Ibiyomee:
HISTORY OF FUEL PRICE INCREASES IN NIGERIA
Gen Yakubu Gowon 1973, 6k to 8.45k
Gen Murtala Muhammed 1976, 8.45k to 9k
Gen Obasanjo 1st oct, 1978 -9k to 15.3k
Alh Shehu Shagari 20th april, 1982 15.3k to 20k
Gen IBB 31 march, 1986 -20k to 39.5k
Gen IBB, 10 april, 1988 -39.5k to 42k
Gen IBB, 1 jan, 1989 -42k to 60k private vehicles.
Gen IBB 19 Dec, 1989 Moved to uniform price of 60k
Gen IBB 6 march, 1991- 60k to 70k
Gen M B, 1992. 70k
Chief Ernest Shonekan, 8 nov. 1993 70k to N5
Gen sani Abacha, 22 Nov 1993 Petrol price drops from N5 to 3.25k
Gen Abacha 2 oct, 1994 N3.25k to N15
Gen Abacha, 4 oct, 1994 Price drops from N15 to N11
Gen Abdulsalam 6 jan, 1999
N25 to N20
Chief OBJ 1 june 2000 N20 to N30
Chief OBJ 8 june, 2000 Price reduced to N22
Chief OBJ 1 jan 2002 N22 to N26
Chief OBJ, june to Oct, 2003 N26 to N42
Chief OBJ 29 may, 2004 N50
Chief OBJ 25 aug 2004 N65
Chief OBJ 27 may, 2007 N70
Late Yar'Adua. June 2007 N65
GEJ 1st jan 2012 N141
GEJ 17 jan, 2012 N97
Records:
BUHARI is the only Nigerian Leader from Gowon's
regime, Who never touched Price of fuel.
YAR' ADUA was the only leader who did not increase,
rather he reduced petrol price from N70 to N65.
And GEJ gave Nigeria the highest percentage of fuel price increase.
Question: Who is the Nigerian Leader that will reduce it for us?

So who and when was it increased from N11 to N25?

GEJ was not the highest percentage increase in Nigeria, rather it was Chief Ernest Shonekan, 8 nov. 1993 70k to N5

From 70k to 500k is an increase in 430k which amounts to an increase by 614%

GEJ's increase from N65 to N141 is an increase by N76 which amounts a percentage increase of 117%

Learn your maths.

how many years did buhari rule Nigeria ? and let me ask u do u know what market forces are ?

Let's tell ourselves the gospel truth, fuel prices ain't going down anytime soon. We're even likely going to see subsidy removal instead of increase in subsidy money.





What about the PIB