Gowon-1973: 6k to 8.45k (40.83%)

Murtala-1976: 8.45k to 9k (6.5%)

Obasanjo -Oct 1,1978: 9k to 15.3k (70%)

Shagari-Apr 20,1982: 15.3k to 20k (30.72%)

Babangida-Mar 31, 1986: 20k to 39.5k (97.5%)

Babangida-Apr 10, 1988: 39.5k to 42k (6.33%)

Babangida-Jan 1, 1989: 42k to 60k (42.86%)

Babangida- Mar 6, 1991: 60k to70k (16.67%)

Shonekan(82 days in power)-Nov 8, 1993: 70k to N5 (614.29%)

Abacha- Nov 22, 1993: N5 to N3.25k (price dropped 35%)

Abacha-Oct 2, 1994: N3.25k to N15 (361.54%)

Abacha-Oct 4, 1994: N15 to N11(price dropped 26.67%)

Abubakar-Dec 20, 1998: N11 toN25 (127.27%)

Abubakar-Jan 6,1999: N25 to N20(price dropped 25 %)

Obasanjo -June 1, 2000: N20 to N30 (50%)

Obasanjo-June 8, 2000: N30 to N22(price drops 26.67%)

Obasanjo-Jan 1, 2002: N22 to N26 (18.18%

Obasanjo-June, 2003: N26 to N42 (61.54%)

Obasanjo-May 29, 2004: N42 to N50 (19.05%)

Obasanjo-Aug 25, 2004: N50 to N65 (30%)

Obasanjo-May 27, 2007: N65 to N75 (15.39%)

Yar’ Adua-June, 2007: back to N65(price drops 15.39%)

Jonathan -Jan 1,2012: N65 to N141 (116.92%)

Jonathan – Jan 17, 2012: N141 to N97 (Price drops 31.21%)

Jonathan – Feb, 2015 N97 to N87 (price drops 10.31%)

Buhari – May 11, 2016: N87 to N145 (66.67%)

Yar’Adua was the only president who did not increase pump price of fuel. He reduced it from N75 to N65.

https://www.vanguardngr.com/2017/12/timeline-fuel-price-increments/amp/?__twitter_impression=true

Hmmmm
Cc:Lalasticlala
Mynd44
Pls let people see where we were coming from and the contributions of our past leadership to where we are today. Obviously it's a gradual build up of their individual actions

When these people get to power, they don't care about the masses on the street.

I believe they increase the price at will for their own selfish purposes, else how do you justify what we are passing through today in the hands of the incumbent?

They come up with all sort of reasons why fuel must be increased and shove it down our throats while the National Assembly watches.

If you look at the pattern of increments made by previous governments, Nigerians should be ready to buy PMS from this PMB administration for N400/litre by the time he is leaving office. Imagine a bag of rice and other staple foods are way too expensive in this administration talkless of pms.

The biggest thie.f up there is Shonekan! What? How can you just yank up the price by that much %? We would have been buying fuel for N500/litre is another thie.f had not booted him out of office.

lol...


there was a time pmb's minions used this to brag that pmb had never increased fuel, now they form ignorance of 'price increases'...

Shonekan ooooooohhhh thief.

Very instructive and informative. Just wondering if there's any solution in sight for Nigeria's miraid of problems. Who will save us?

Very informative...

Its obvious we lost it btw - Babangida/shonekan/obasanjo...

In 10years time, Nigerians shall buy fuel for 1000naira..

What a people!!

The price should not be regulated in the first instance. Government control of prices breeds corruption