By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: History Of Fuel Price Increase In Nigeria From 1973 to 2015
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
Featured

History Of Fuel Price Increase In Nigeria From 1973 to 2015

Farouk Mohammed
By Farouk Mohammed
Published: December 22, 2015
Share
2 Min Read
SHARE

petrol-fuel-oil-11

Here is Details of History Of Fuel Price Increase in Nigeria from 1973 till date

Gowon 1973…………………………………. Increase from 6k to 8.45k
Muritala 1976 …………………………………Increase from #8.45 to 9k
Obasanjo Oct 1978 …………………………Increase from 9k to 15.3k
Shagari April 20 1982……………………… Increase from #15.3k to 20k
Babangida March 31 1986………………. Increase from 20k to 39.5k
Babangida April 10 1988…………………. Increase from #39.5k to 42k
Babanginda Jan1 1989…………………….42k to 60k Private vehicle
Babangida Dec. 19 1989…………………..Uniform price 60k
Babangida March 6, 1991 …………………Increase from 60k to 70k
Babangida 1993……………………………….Increase from 70k to #5
Abacha Nov. 22 1993………………………..Drop from #5 to #3.25k
Abacha Oct 2 1994……………………….. Increase from #3.25k to #15
Abacha Oct 4 1994…………………………Drop from #15 to #11
Abdulsalam Abubakar Dec. 29 1998 …Increase from #11 to #25
Abdulsalam Abubakar Jan. 6 1999…… Drop from #25 to #20.
Obasanjo June 1 2000 …………………….Increase from #20 to #30
Obasnjo June 8 2000 ………………………Drop from #30 to #22
Obasanjo Jan. 1 2002…………………….. Increase from #22 to #26
Obasanjo June to Oct 2003……………… Increase from #26 to #42
Obasanjo May 29 2004……………………. Increase from#42 to #50.
Obasanjo Aug 25. 2004 ……………………Increase from #50 to #65
Obasanjo May 27 2007……………………. Increase from #65 to #75
Yara dua Jun 2007………………………….. Drop from #75 to #65
Jonathan Jan1 2012………………………… Increase to #138 to #250
Jonathan Jan 17 2012……………………… Drop to #97
Buhari………………………………………………

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:FuelNigeriaPrice
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByFarouk Mohammed
Publisher
Follow:
Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
Previous Article Jonathan Should Confess His Sins In Arms Deal To Buhari – Prof. Itse Sagay
Next Article I Sacrificed a Lot to Ensure APC’s Victory – Bola Tinubu

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Dollar to Naira Exchange Rate

Okay.ng Logo
Buy Rate ₦1,605.00
Sell Rate ₦1,620.00

Last updated: 4 days ago (June 3, 2025 2:33 pm)

Displayed rates are for informational purposes only and are subject to change.

USD/NGN Converter

- Advertisement -
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

Pastor Adeboye
Pastor Adeboye Shares Divine Directive: Leaving RCCG Could Lead to Tragic Loss
News
Anglican Bishop of Lafia Calls on President Tinubu to Address Root Causes of Nigeria’s Insecurity and Economic Woes
News
Egbe Bobakeye Okunrin Akile Ijebu Refutes False Claims About Queen Elizabeth II’s 1956 Visit
News
NRC Managing Director Warns Against Railway Vandalism: “We Don’t Have Scraps, We Have National Assets”
News
Tragic Head-On Collision in Jigawa Claims Nine Lives, Dozens Injured
News
- Advertisement -
Ad imageAd image

You May Also Like

Sport

Victor Osimhen Returns to Nigeria as Al Hilal Transfer Hangs in Balance Ahead of FIFA Club World Cup

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 7, 2025
News

Tinubu Urged by PDP to Cut Fuel and Electricity Costs Amid Eid-el-Kabir Festivities

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 7, 2025
Mike Ejeagha
News

Mike Ejeagha, Nigerian Highlife Maestro, Dies at 95

Muhammad A. Aliyu
Muhammad A. Aliyu
June 7, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?