Buhari and the history of fuel price increases in Nigeria
We heard someone posted the following history on social media in 2013.
Yakubu Gowon (1973): 6 kobo to 8.45 kobo
Murtala Mohammed (1976): 8.45 kobo to 9 kobo
Olusegun Obasanjo (Oct. 1,1978): 9 kobo to 15.3 kobo
Shehu Shagari (Apr 20, 1982): 15.3 kobo to 20 kobo
Ibrahim Babangida (Mar 31, 1986): 20 kobo to 39.5 kobo
Babangida (Apr 10, 1988): 39.5 kobo to 42 kobo
Babangida (Jan 1, 1989): 42 kobo to 60 kobo (for private vehicles)
Babangida (Mar 6, 1991): 60 kobo to 70 kobo
Ernest Shonekan (Nov 8, 1993): 70 kobo to N5
Sani Abacha (Nov 22, 1993): N5 to N3.25
Abacha (Oct 2, 1994): N3.25 to N15
Abacha (Oct 4, 1994): N15 to N11
Abdusalam Abubakar (Dec 20, 1998): N11 to N25
Abubakar (Jan 6,1999): N25 to 20
Olusegun Obasanjo (June 1, 2000): N20 to N30
Obasanjo (June 8, 2000): N30 to N22
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
Umar Musa Yar’ Adua (June, 2007): N75 to N65
Goodluck Jonathan (Jan 1, 2012): N65 to N141 after the removal of petrol subsidy
Jonathan (Jan 17, 2012): N141 to N97
Jonathan (Jan 2015): N97 to N87
Muhammadu Buhari: ???
It seems Buhari is the only Nigerian leader who never touched the price of petrol.
But reports suggest he may have broken that record after slashing the current N87 price by N1..
