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)
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)