For Our Records
A History of (PMS) Petrol Pricing in Nigeria (price per liter)

The depth of economic instability in Nigeria is very well told by a run through of the history of petrol pricing in Nigeria over the last 44 years. We have had a total of 26 Petrol price reviews by 12 administrations in the last 44 years!

Details:

Gowon-1973: 6k to 8.45k
Murtala-1976: 8.45k to 9k
Obasanjo -Oct 1,1978: 9k to 15.3k
Shagari-Apr 20,1982: 15.3k to 20k
Babangida-Mar 31, 1986: 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 N5
Abacha- Nov 22, 1993: N5 to N3.25k(price dropped)
Abacha-Oct 2, 1994: N3.25k to N15
Abacha-Oct 4, 1994: N15 to N11 (price dropped)
Abubakar-Dec 20, 1998: N11 toN25
Abubakar-Jan 6,1999: N25 to N20(price dropped)
Obasanjo -June 1, 2000: N20 to N30
Obasanjo-June 8, 2000: N30 to N22(price drops)
Obasanjo-Jan 1, 2002: N22 to N26
Obasanjo-june, 2003: N26 to N42
Obasanjo-May 29, 2004: N42 to N50
Obasanjo-Aug 25, 2004: N50 to N65
Obasanjo-May 27, 2007: N65 to N75
Yar’ Adua-June, 2007: back to N65 (price drops)
Jonathan (New year present) -Jan 1,2012:to thr N141 GEJ (Labour strike forced him) -Jan 17, 2012: N97
Jonathan (Feb, 2015 - two weeks to the 2015 Election): N87
Buhari from N87 to N145 on Wednesday, May 11, 2016.

Based on this analysis, what do you think is the next price after N145?

Obasanjo eh

Babangida is the elite thief based on these stats. haba na.

Next price will be 525 Naira per half litter 2018 by buhari

I dont think with all of these we will be able to leave anything for our future generation!

daveP:
Babangida is the elite thief based on these stats. haba na.

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JAMANZE:
Next price will be 525 Naira per half litter 2018 by buhari

Maybe 200 naira per litre sir!

All focus on one Nigeria unifier..crude. The only reason for one united Nigeria. Fraud.

emmie14:
All focus on one Nigeria unifier..crude. The only reason for one united Nigeria. Fraud.

Obviously!

I see

Drop to N100= and remain so till we have:-
Full State Resource Control.
Full State Police Control.
Full State Election Control.
States contribute uniformly and relatively to run F.G.
AND
Until this APC Government establishes Industrial Banks in each of our 36 States to give loans @5% to finance Industrial Restructuring.

orisa37:
Drop to N100= and remain so till we have:-
Full State Resource Control.
Full State Police Control.
Full State Election Control.
States contribute uniformly and relatively to run F.G.
AND
Until this APC Government establishes Industrial Banks in each of our 36 States to give loans @5% to finance Industrial Restructuring.

Good thought! Do you think this can occur in this generation? The politicians have no ideology to drive them. All want they want is to have political power for oppression!

So it was in Egypt until The Deliverer. God is in Control.