Minimum Wage Purchasing Power: Petrol Litres You Could Buy from Obasanjo to Tinubu
This post compares how many litres of petrol Nigeria’s official minimum wage could buy under five administrations. Under Obasanjo (1999–2007), ₦7,500 fetched about 100 L of petrol at ₦75/L. Under Yar’Adua (2007–2010), the same wage covered roughly 115 L at ₦65/L. Under Jonathan (2010–2015), ₦18,000 bought around 207 L at ₦87/L. During Buhari’s term (2015–2023), ₦30,000 secured about 176 L at an average of ₦170/L. Now under Tinubu (2023–present), ₦70,000 only gets roughly 57 L at ₦1,227/L. Data is based on official minimum wage figures and average pump prices for each administration.
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