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Nairaland Forum / Nairaland / General / Politics / History Of Petrol Price Increases In Nigeria (686 Views)
FG May Increase Petrol Price To N180 Per Litre / NNPC Crashes The Prices Of Petrol And Cooking Gas Nationwide / Nigerians React To The Possible Increase In The Petrol Price Of 145/litre To 152 (2) (3) (4)
History Of Petrol Price Increases In Nigeria by LamiHandsome(m): 9:09pm On May 12, 2016 |
Gowon, 1973: 6k to 8.45k (40.8%) Murtala, 1976: 8.45k to 9k (0.59%) Obasanjo, October 1, 1978: 9k to 15.3k (70%) Shagari, April 20, 1982: 15.3k to 20k (30.71%) Babangida, March 31 1986: 20k to 39.5k (97.5%) Babangida, April 10 1988: 39.5k to 42k (6.33%) Babangida, January 1, 1989: 42k to 60k Private vehicles. Babangida, December 19, 1989: moved to uniform price of 60k (42.86%) Babangida, March 6, 1991: 60k to 70k (16.67%) Shonekan, November 8, 1993: 70k to N5 (614%) Abacha, November 22,1993: petrol price drops from N5 to N3.25k (-35%) Abacha, October 2,1994: N3.25k to N15 (361.54%) Abacha, October 4,1994: price drops from N15 to N11(-26.67%) Abubakar, December, 20, 1998: N11 to N25 (127.27%) Abubakar, January 6,1999: N25 to N20 (-20%) Obasanjo, June 1, 2000: N20 to N30 (50%) Obasanjo, June 8, 2000: Petrol price reduced to N22 (-10%) Obasanjo, January 1, 2002: N22 to N26 (18.18%) Obasanjo, June to October, 2003: N26 to N42 (23.08% Obasanjo, May 29, 2004: N50 (19.05%) Obasanjo, August 25, 2004: N65 (30%) Obasanjo, May 27, 2007: N75 (15.38%) Yar’Adua, June 2007: N65 (-15.38%) Jonathan, January 1, 2012: between N138 to N250 (112.31 to 284.62%) Eventually stabilized at N97 The rest is history |
Re: History Of Petrol Price Increases In Nigeria by chikel2000(m): 9:39pm On May 12, 2016 |
LamiHandsome:Op pls get ur facts strait abeg!, which 128?. From 65 to 87 not d figures APC chieftain gave u. It was ur PMB who increased it from 88 to 145. Stop making GEJ look bad pls, or u want to blame GEJ again? 2 Likes |
Re: History Of Petrol Price Increases In Nigeria by Baawaa(m): 9:40pm On May 12, 2016 |
CHANGE from 87naira to 145naira, 1 Like |
Re: History Of Petrol Price Increases In Nigeria by Pidggin(f): 9:54pm On May 12, 2016 |
chikel2000: U dey mind dem? |
Re: History Of Petrol Price Increases In Nigeria by chikel2000(m): 9:57pm On May 12, 2016 |
Pidggin:Big sister I just dnt knw y people can't admit dia mistake, imagine dis one blaming GEJ for what? 1 Like |
Re: History Of Petrol Price Increases In Nigeria by reverendfather: 10:27pm On May 12, 2016 |
yaradua the wisest leader Nigeria ever had. Obj and Abacha really destroyed Nigeria, they both implemented the same master plan of substituting 1% for 1000%. |
Re: History Of Petrol Price Increases In Nigeria by tuzeriouz(m): 10:36pm On May 12, 2016 |
reverendfather: akuko Mike ejagha |
Re: History Of Petrol Price Increases In Nigeria by LamiHandsome(m): 8:12am On May 13, 2016 |
chikel2000: Psychologically, you should have realized that I ain't in support of any political party. I ain't a politician, and I just listed the historical changes in the price. |
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