HISTORY OF FUEL PRICE INCREASES IN NIGERIA.

HISTORY OF FUEL PRICE INCREASES IN NIGERIA.
(K for kobo, N for Naira)

•Gowon -                from 6k to 8.45kobo
•Murtala -               from 8.45k to 9k
•Obasanjo -           from 9k to 15.3k
•Shagari -              from 15.3k to 20k
•Buhari -                from 20k to 20k (Price remains the same)
•Babangida -         from 20k to 39.5k
•Babangida -        from 39.5k to 42k
•Babangida -         from 42k to 60k (Private Vehicles)
•Baban gida -       from 60k to 70k
•Shonekan -         from 70k to N5 (Naira)
•Abacha -             from N5 to N3.25k (Price drops)
•Abacha -             from N3.25k to N15
•Abacha -             from N15 to N11 (Price drops)
•Abubakar -         from N11 to N25
•Abubakar -         from N25 to N20 (Price drops)
•Obasanjo -         from N20 to N30
•Obasanjo -         from N30 to N22 (Price drops)
•Obasanjo -         from N22 to N26
•Obasanjo -         from N26 to N42
•Obasanjo -        from N42 to N50
•Obasanjo -        from N50 to N65
•Obasanjo -        from N65 to N75
•Yar'Adua -         from N75 to N65 (Price drops)
•Jonathan -        (New year present)  N141
•Jonathan -         (After labor strike)  N97

BUHARI and YAR'ADUA did not increase
prices. In fact, YARADUA reduced the pump
price from N75 to N65.