The Federal Government of Nigeria
under the leadership of President
Muhammadu Buhari remove petroleum
subsidy from #86.50 to #145 as from
yesterday 12-05-2016. We at
naijapopular.com now present you the
list of petrol hike by the Federal
government since the military era.
Nigeria is a riddle, too difficult
to solve let's go


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)

Babangida – 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

Jonathan – (As Feb, 2015 Election
approaches) N87

Buhari - N87 to N86.50 (drop)

Buhari - N86.50 to ?





source: http://www.naijapopular.com/2016/05/list-of-petrol-hike-since-military-era.html?m=1



cc: lalasticlala

Nawa oooo,

Don't u think it will be fair to attach dat little POEM u attached to Jonathan's regime to other regimes too?

Shonekan, an interim president did worse o, from 78kobo to N5.

OP, please change the k to kobo. The k represent thousand in today's financial dealing. The k may not appear as kobo to many of us again as kobo has long been 'forgotten'.

We know biased post when we see one, you emphasised that Gej dropped price after labour strike and indicated the initial price but fail to indicate the price Buhari has increased it to, the same way you did not indicate what made Obj, Abubarka and Abacha drop theirs too.

it will be better you analyse it attaching the percentage increase and yrs spent(.eg IBB from 1985-1993 price N20 --N70:250%),so we could know the overall increase of each administration and not just the periodic increases of a particular administration. Because one can choose to increase in bit,and another might do it once and for all.