History Of Fuel Price Increases In Nigeria - Politics - Nairaland
Nairaland Forum › Nairaland General › Politics › History Of Fuel Price Increases In Nigeria (82419 Views)
| History Of Fuel Price Increases In Nigeria by Daytonbale(op): 10:07am On Jan 14, 2012 |
History of fuel price increases in Nigeria 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%) 8 Likes 3 Shares |
| Re: History Of Fuel Price Increases In Nigeria by SUNNIYKE4(m): 1:19pm On Jan 24, 2015 |
Obj is a Nigerian known architect of corruption |
| Re: History Of Fuel Price Increases In Nigeria by romme2u: 1:09am On Sep 21, 2015 |
why did this post not make it to the right quarters since 2012. this is very informative and educative to the various political-socio-economic camps nuking themselves here on this very land. shouting on the top of my very loud voice lala 1 Like |
| Re: History Of Fuel Price Increases In Nigeria by Gayigaskia(m): 1:15am On Sep 21, 2015 |
Wow PMB is proven to be the man for the masses, he has never increased the burden on the people. surely the change Nigeria needed for a long time |
| Re: History Of Fuel Price Increases In Nigeria by Aromas: 1:36am On Sep 21, 2015 |
SUNNIYKE4:The man who set the pace for others to follow 1 Like 1 Share |
| Re: History Of Fuel Price Increases In Nigeria by doyinisaac(m): 7:10pm On Dec 18, 2015 |
hmmmm |
| Re: History Of Fuel Price Increases In Nigeria by djkirkoo2(m): 7:13pm On Jun 02, 2016 |
Gayigaskia:You are very right. Welcome to CHANGE. #145 |
| Re: History Of Fuel Price Increases In Nigeria by BritcheN(m): 6:10pm On May 06, 2018 |
Gayigaskia:OGA HOPE UR ENJOYING THE CHANGE? |
| Re: History Of Fuel Price Increases In Nigeria by Blackfire(m): 7:21pm On May 06, 2018 |
Every nigeria ruler must increase fuel price.... Buhari came back to increase his own.... 145naira. |
| Re: History Of Fuel Price Increases In Nigeria by ivandragon: 7:27pm On May 06, 2018 |
lol... pre 2016, this was used by pmb's fans to show how considerate he supposedly was by not increasing fuel price in the 80s. now, the vehemently avoid threads like this... even the op is too ashamed to 'update' the history of fuel prices in Nigeria... lol... |
| Re: History Of Fuel Price Increases In Nigeria by JAYYD: 3:30pm On Feb 20, 2019 |
Daytonbale:Lies about Jonathan, It was N65 to N87 2 Likes 1 Share |
| Re: History Of Fuel Price Increases In Nigeria by maasoap(m): 10:04am On Dec 27, 2019 |
JAYYD:Your quoted price hike definitely wasn't the one that led to protest in January 2012. Do your findings again |
| Re: History Of Fuel Price Increases In Nigeria by romme2u: 7:56pm On Dec 29, 2019 |
JAYYD:  No matter how fast lies flies..........truth will eventually catchup with it OP pls update this list 1 Like |
| Re: History Of Fuel Price Increases In Nigeria by jamace(m): 8:58pm On Dec 29, 2019 |
JAYYD:Correct. OP has a lying spirit. 1 Like |
| Re: History Of Fuel Price Increases In Nigeria by Zedoo(m): 8:13am On May 05, 2020 |
Gayigaskia:Dumebi howfa |
| Re: History Of Fuel Price Increases In Nigeria by wittytayor(m): 6:41pm On Jan 09, 2023 |
Can you say the same today? Gayigaskia: |
| Re: History Of Fuel Price Increases In Nigeria by HarunaWest(m): 8:13am On Jan 28, 2023 |
Gayigaskia:Howfar  |
| Re: History Of Fuel Price Increases In Nigeria by Westernlove: 2:15pm On Jul 19, 2023 |
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| Re: History Of Fuel Price Increases In Nigeria by jimter44(m): 2:31pm On Jul 19, 2023 |
The first time our petrol price enters naira range was under shonekan regime in 1993. 1 Like |
| Re: History Of Fuel Price Increases In Nigeria by Dotherightthing: 2:38pm On Jul 19, 2023 |
Shonekan, an interim president, did highest increment ever!  Wow!! 1 Like |
| Re: History Of Fuel Price Increases In Nigeria by Douglad: 2:47pm On Jul 19, 2023 |
Gayigaskia:See this dunce lmao |
| Re: History Of Fuel Price Increases In Nigeria by femi4: 9:21pm On Mar 29, 2025*. Modified: 10:00pm On Mar 29, 2025 |
Daytonbale:OP, come n update the list with Buhari n Tinubu regime. IBB days...nostalgia
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