Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,153,309 members, 7,819,053 topics. Date: Monday, 06 May 2024 at 10:41 AM

History Of Fuel Price Increases In Nigeria - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / History Of Fuel Price Increases In Nigeria (685 Views)

NERC Increases Electricity Tarrifs, Scraps Fixed Charges   / Look At What A Police Officer Did To This Guy Because Of Fuel Scarcity / Gbenga Adeyinka Mocks Jonathan Over N10 Fuel Price Reduction (2) (3) (4)

(1) (Reply) (Go Down)

History Of Fuel Price Increases In Nigeria by Nobody: 12:39am On May 27, 2015
Gowon-1973: 6k to 8.45k
Murtala-1976: 8.45k to 9k
Obj-Oct 1,1978: 9k to 15.3k
Shagari-Apr 20,1982: 15.3k to 20k
Babangida-Mar 31, 86: 20k to 39.5k
Babangida-Apr 10, 1988: 39.5k to 42k
Babangida-Jan 1, 1989: 42k to 60k(Private
Vehicles)
Babangida- Mar 6, 1991: 60k to70k
Shonekan(82 days in power)-Nov 8, 1993:
70k to #5
Abacha- Nov 22, 1993: #5 to #3.25k(price
dropped)
Abacha-Oct 2, 1994: #3.25k to #15
Abacha-Oct 4, 1994: #15 to #11(price
dropped)
Abubakar-Dec 20, 1998: #11 to#25
Abubakar-Jan 6,1999: #25 to20(price
dropped)
Obj-June 1, 2000: #20 to #30
obj-June 8, 2000: #30 to #22(price drops)
Obj-Jan 1, 2002: #22 to #26
Obj-june, 2003: #26 to #42
Obj-May 29, 2004: #42 to 50
Obj-Aug 25, 2004: #50 to #65
Obj-May 27, 2007: #65 to #75
Yar' Adua-June, 2007: back to #65(price
drops)
GEJ(New year present)-Jan 1,2012: #141
GEJ(Labour strike forced him)-Jan 17,
2012: #97
FROM GOWON TO JONATHAN BUHARI IS
THE ONLY NIGERIAN LEADER THAT NEVER
TOUCHED THE PRICE OF FUEL
YAR'ADUA was the only leader who did not
increase, rather he
reduced the pump price from #75 to #65
(may his soul rest in peace)
Re: History Of Fuel Price Increases In Nigeria by Nobody: 1:07am On May 27, 2015
This is Nigeria, the long walk to freedom. Nigeria and there long defendable history of corruption.

1 Like

Re: History Of Fuel Price Increases In Nigeria by Vikkie14: 1:22am On May 27, 2015
VenusBetty:


FROM GOWON TO JONATHAN BUHARI IS
THE ONLY NIGERIAN LEADER THAT NEVER
"TOUCHED" THE PRICE OF FUEL


My Sis. That's doesn't connote he won't TOUCH it now. It's either he INCREASED fuel price by Deregulating or he DECREASE it by paying Subsidy.

Either way, HE WILL TOUCH THE PRICE OF FUEL

But i don't think paying Subsidy will do Nigeria any good.
Re: History Of Fuel Price Increases In Nigeria by ugotex85: 1:33am On May 27, 2015
And Obasanjo will go down in history as the Nigerian president that hiked petrol price most, from #20 to #75 . And one surprising thing is that the man has a way of deluding himself as the best thing that ever happened to Nigeria since 1914.

Meanwhile that 82 days president Shonekan that increased fuel price from 70 Kobo to 5 naira, was he high on Ogbomoso weed or what?

(1) (Reply)

See The Invitation Card To Buhari’s Inauguration (photo) / Nasarawa LG Chairman Slumps, Dies In His Office / What Essential Reading Materials Should Every Legislator Have?

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 14
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.