HISTORY OF FUEL PRICE INCREASES IN NIGERIA

-GEN. YAKUBU GOWON
1973 6k to 8.45k

-GEN. MURTALA MUHAMMAD
1976 8.45k to 9k

-GEN. OBASANJO
1st Oct, 1978 9k to 15.3k

-Alh. Shehu Shagari
20 April 1982 15.3k to 20k

- Gen. IBB
31 March, 1986 20k to 39.5k

-Gen. IBB
10 april, 1988 39.5k to 42k

-Gen. IBB
1 Jan, 1989 42k to 60k Private vehicles.

-Gen. IBB
19 Dec., 1989: moved 2 uniform price of 60k

-Gen. IBB
6 march, 1991: 60k to 70k

-Chief Ernest Shonekan
8 Nov., 1993 70k to N5

-Gen. Sani Abacha
22 Nov, 1993: Petrol price drops
4rm N5 to N3.25k

-Gen. Abacha
2 oct., 1994 N3.25k to N15

-Gen. Abacha
4 oct., 1994: price drops 4rm N15 to N11

-Gen. Abdusalam
20 Dec., 1998:N11 to N25

-Gen. Abdulsalam
6 jan., 1999 N25 to N20

-Chief OBJ
1 June 2000: N20 to N30

-Chief OBJ
8 June, 2000 price reduced to N22

-Chief OBJ
1 Jan., 2002: N22 to N26

- Chief OBJ
June to Oct 2003: N26 to N42

-Chief OBJ
29 may, 2004: N50

-Chief OBJ
25 Aug., 2004 N65

-Chief OBJ
27 may, 2007: N70

-Late Yar'Adua
June, 2007 N65

- GEJ
1st January 2012 N141

-GEJ 17 January, 2012
N97.

#‎BUHARI‬:- is the only Nigerian Leader 4rm Gowon's Regime. Who never touched priced of fuel.

Note: YAR'ADUA:- was the only leader who did not increase, rather he reduced petroleum price 4rm N70 to N65. NOTE: It's time to be objective rather than being sentimental in order to achieve common goals.

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this worth FP pls

GEJ 2015: N97 to N197
GMB 2015: N97 to N50

Buhari!!!!!!

APC !!!!!

Change!!!!!!

God Bless Gen Muhammadu Buhari

A man who never pandered to the dictates of the Oil cabal to inflict untold hardship on the masses by refusing to jerk up the pump price of petrol and allied product unlike a very wicked and despicable leader who effected a devilish and sinister 200% fuel price hike on the 1st of January 2012 when he told us he was still consulting and will give people a head start as to when the hike will kickstart only to drive a sword into our side especially those who had travelled home for the yuletide

Yet the charlatan said he had no shoes and can feel our pain!

Buhariiiiiiiiiiiiiii


Our Man.


2015

APC

Change

Please note that all the major leap in fuel price happened under the PDP led government, with no major thing to show for it. The chief originator of the subsidy scam is also a member of PDP. Foolish people will vote foolishly. Wise people will vote wisely. CHANGE is a must!!

Interesting read, going by the trend then, it could be said that Obj as a military man and IBB laid the foundation and set in motion the astronomical rise in Petroleum prices. I never knew Sonekan despite his few months in power tampered with Fuel prices like that.

tobillionaire:
GEJ 2015: N97 to N197
GMB 2015: N97 to N50

.......for your mind abi

tomakint:
Interesting read, going by the trend then, it could be said that Obj as a military man and IBB laid the foundation and set in motion astronomical rise in Petroleum prices. I never knew Sonekan despite his few months in power tampered with Fuel prices like that.

Yes that is why they are both in PDP. Even though baba is so desperate to redeem himself, he still belongs to the killer party..

koboko69:


Yes that is why they are both in PDP. Even though baba is so desperate to redeem himself, he still belongs to the killer party..

Stop waffling, this is not about party but decisions taken when they were in the military....for your info, there is nothing PDP is doing wrong now that APC will do right if it grabs power at the centre!

tomakint:

Stop waffling, this is not about party but decisions taken when they were in the military....for your info, there is nothing PDP is doing wrong now that APC will do right if it grabs power at the centre!

Was Obj a military man when he skyrocketed fuel price from N26 to N70
Was Jonathan a military man when there suddenly became a subsidy jump, and fuel price flew to N147 before diving back to N97.
The point is the people that are suffering the masses and have suffered the masses are all in PDP. You copy?

tomakint:

.......for your mind abi

lol... Me too no wan dream am!

koboko69:

Was Obj a military man when he skyrocketed fuel price from N26 to N70
Was Jonathan a military man when there suddenly became a subsidy jump, and fuel price flew to N147 before diving back to N97.
The point is the people that are suffering the masses and have suffered the masses are all in PDP. You copy?

So according to your logic PDP is the problem while APC is the solution! You try.....

Baba really tamper with the price ooo.... Even 2 days to vacate.

Abacha that most people are calling a looter came to power with fuel prices at N5 per litre and when he left office 5years (after being killed by poisoning) fuel had only increased by N6. Yet he never called it subsidy removal. He accounted for the proceeds of the N6 fuel price increase by using the proceeds to set up the PTF (which he appointed Gen Buhari to run) for improving and maintianing our infrastructure.

Since Abacha there has been no verifiable accounting of how the proceeds from fuel price hikes had been utilised.

That is why the first action of Thief Obasanjo on coming to office was to close the PTF and sack General Buhari, so he could raise oil prices by 350% by renaming the price hikes "subsidy removal" and show no verifiable account of how he utilised the proceeds. Clueless gullible Nigeria never questioned how you could call it subsidy removal when there has never been a time in our history when subsidy has been applied. How can you remove something that does not exist. It is just a deceitful way of applying a fuel tax without any accountability

Don't forget Shonekan was IBB's puppet until Abacha took power.

tomakint:
Interesting read, going by the trend then, it could be said that Obj as a military man and IBB laid the foundation and set in motion the astronomical rise in Petroleum prices. I never knew Sonekan despite his few months in power tampered with Fuel prices like that.

Why is this thread not on front page. A lot of important points that needs to be discussed adequately by a vast majority of nairalanders (Nigerians) are raised here. The mods should do the needful and move this topic to the front page.

Hmm

And under which govt could you drive into any station and buy fuel without queues since shagari?

We need change please

tomakint:

So according to your logic PDP is the problem while APC is the solution! You try.....

some of you love to suffer or your family benefiting from coruption

I chang my mind...3 gbosa 4 buhari gbosa ! Gbosa! Gbosa in his dream...thanks to d manipulators....i don't like buhari bcoz of one thing..and if he enter, he will try to fulfil it..and he mean it..

falconey:
some of you love to suffer or your family benefiting from coruption

So the suffering and smiling going on in Lagos till now was caused by Jonathan or the gross corruption being perpetrated by Tinubu cum Fashola since 1999 in Lagos was as a result of Jonathan too or PDP? You need to rest...

GMB 2015: N97-N45
GMB 2019: N45-N22

tobillionaire ost=28172602:
GEJ 2015: N97 to N197
GMB 2015: N97 to N50

I BETTER BUY FUEL @N197 THAN VOTE FOR AN AGED BOKO BOY