News

FROM GOWON TO BUHARI

SEE HOW FUEL PRICE INCREASES FROM ONE ADMINISTRATION TO ANOTHER IN NIGERIA

1. Gowon-1973: 6k to 8.45k (40.83%)

2. Murtala-1976: 8.45k to 9k (6.5%)

3. Obasanjo -Oct 1,1978: 9k to 15.3k (70%)

4. Shagari-Apr 20,1982: 15.3k to 20k (30.72%)

5. Babangida-Mar 31, 1986: 20k to 39.5k (97.5%)

6. Babangida-Apr 10, 1988: 39.5k to 42k (6.33%)

7. Babangida-Jan 1, 1989: 42k to 60k (42.86%)

8. Babangida- Mar 6, 1991: 60k to70k (16.67%)

9. Shonekan(82 dys in power)-Nov 8, 1993: 70k to N5 (614.29%)

10. Abacha- Nov 22, 1993: N5 to N3.25k (price dropped 35%)

11. Abacha-Oct 2, 1994: N3.25k to N15 (361.54%)

12. Abacha-Oct 4, 1994: N15 to N11(price dropped 26.67%)

13. Abubakar-Dec 20, 1998: N11 to N25 (127.27%)

14. Abubakar-Jan 6,1999: N25 to N20 (price dropped 25%)

15. Obasanjo -June 1, 2000: N20 to N30 (50%)

16. Obasanjo-June 8, 2000: N30 to N22 (price drops 26.67%)

17. Obasanjo-Jan 1, 2002: N22 to N26 (18.18%)

18. Obasanjo-June, 2003: N26 to N42 (61.54%)

19. Obasanjo-May 29, 2004: N42 to N50 (19.05%)

20. Obasanjo-Aug 25, 2004: N50 to N65 (30%)

21. Obasanjo-May 27, 2007: N65 to N75 (15.39%)

22. Yar’ Adua-June, 2007: back to N65(price drops 15.39%)

23. Jonathan -Jan 1,2012: N65 to N141 (116.92%)

24. Jonathan – Jan 17, 2012: N141 to N97 (Price drops 31.21%)

25. Jonathan – Feb, 2015 N97 to N87 (price drops 10.31%)

26. Buhari – May 11, 2016: N87 to N145 (66.67%)

27. Buhari – June 2020: N145 to N143 (price drops by 2%)

28. Buhari – August 6, 2020: N143 to N149 (4% markup)

29. Buhari – Sept. 2, 2020: N149 to N151.56 (5% markup)

Related Topics:

Up Next

BOKO HARAM FEAR, SECURITY ON RED ALERT – DEFENCE HEADQUARTERS

Don't Miss

FG RESPONDS TO FUEL PRICE HIKE .

4 Comments

Franknews.ng

September 6, 2020 at 7:30 pm

Gowon as Gowan in your headline. Nice research though

Reply
Franknews.ng

September 6, 2020 at 7:30 pm

Gowon as Gowan in your headline. Nice research though

Reply
SkyNet

September 7, 2020 at 6:09 am

@Frank, thanks. It was an oversight.

Reply
SkyNet

September 7, 2020 at 6:09 am

@Frank, thanks. It was an oversight.

Reply

News2 weeks ago

Change of Nomenclature: ADTN Rejects “Dental Surgery Technology”, Says It lacks legal backing

News4 weeks ago

Just in: Osun APC Suspends Aregbesola Over Alleged Anti-party Activities

Opinion2 weeks ago

Equatorial Guinea: A World Sex Symbol By Olusola Ajiboye

Opinion1 week ago

Osun: Dancing on the grave of Lagbaja and the unroyal gaffe By Ismail Omipidan

News2 weeks ago

Communique of the 36th Scientific Conference and Annual General Meeting of the Association of Dental Technologists of Nigeria

News2 weeks ago

2024 Iragbiji Day: Planning Committee Rolls Out Chains of Activities, Says Preparations In Top Gear

News2 weeks ago

Amotekun Arrests 27-Year-Old Hassan Olalekan for Armed Robbery, Looting in Osun

Business2 weeks ago

Osun Lawmaker, Adewumi Empowers 600 Women, Gifts N8m

News

FROM GOWON TO BUHARI

SEE HOW FUEL PRICE INCREASES FROM ONE ADMINISTRATION TO ANOTHER IN NIGERIA

1. Gowon-1973: 6k to 8.45k (40.83%)

2. Murtala-1976: 8.45k to 9k (6.5%)

3. Obasanjo -Oct 1,1978: 9k to 15.3k (70%)

4. Shagari-Apr 20,1982: 15.3k to 20k (30.72%)

5. Babangida-Mar 31, 1986: 20k to 39.5k (97.5%)

6. Babangida-Apr 10, 1988: 39.5k to 42k (6.33%)

7. Babangida-Jan 1, 1989: 42k to 60k (42.86%)

8. Babangida- Mar 6, 1991: 60k to70k (16.67%)

9. Shonekan(82 dys in power)-Nov 8, 1993: 70k to N5 (614.29%)

10. Abacha- Nov 22, 1993: N5 to N3.25k (price dropped 35%)

11. Abacha-Oct 2, 1994: N3.25k to N15 (361.54%)

12. Abacha-Oct 4, 1994: N15 to N11(price dropped 26.67%)

13. Abubakar-Dec 20, 1998: N11 to N25 (127.27%)

14. Abubakar-Jan 6,1999: N25 to N20 (price dropped 25%)

15. Obasanjo -June 1, 2000: N20 to N30 (50%)

16. Obasanjo-June 8, 2000: N30 to N22 (price drops 26.67%)

17. Obasanjo-Jan 1, 2002: N22 to N26 (18.18%)

18. Obasanjo-June, 2003: N26 to N42 (61.54%)

19. Obasanjo-May 29, 2004: N42 to N50 (19.05%)

20. Obasanjo-Aug 25, 2004: N50 to N65 (30%)

21. Obasanjo-May 27, 2007: N65 to N75 (15.39%)

22. Yar’ Adua-June, 2007: back to N65(price drops 15.39%)

23. Jonathan -Jan 1,2012: N65 to N141 (116.92%)

24. Jonathan – Jan 17, 2012: N141 to N97 (Price drops 31.21%)

25. Jonathan – Feb, 2015 N97 to N87 (price drops 10.31%)

26. Buhari – May 11, 2016: N87 to N145 (66.67%)

27. Buhari – June 2020: N145 to N143 (price drops by 2%)

28. Buhari – August 6, 2020: N143 to N149 (4% markup)

29. Buhari – Sept. 2, 2020: N149 to N151.56 (5% markup)

Related Topics:

Up Next

BOKO HARAM FEAR, SECURITY ON RED ALERT – DEFENCE HEADQUARTERS

Don't Miss

FG RESPONDS TO FUEL PRICE HIKE .

4 Comments

Franknews.ng

September 6, 2020 at 7:30 pm

Gowon as Gowan in your headline. Nice research though

Reply
Franknews.ng

September 6, 2020 at 7:30 pm

Gowon as Gowan in your headline. Nice research though

Reply
SkyNet

September 7, 2020 at 6:09 am

@Frank, thanks. It was an oversight.

Reply
SkyNet

September 7, 2020 at 6:09 am

@Frank, thanks. It was an oversight.

Reply