From Shagari to Buhari: List of Nigerian Presidents and the Value of Naira to $1 Under Them

From Shagari to Buhari: List of Nigerian Presidents and the Value of Naira to $1 Under Them

The value of the Naira, Nigeria's currency, to Dollars has over time become one of the major metrics Nigerians use to assess the performance of the president.

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As Nigerians express worries over the continuous fall of the Naira against the Dollar, a report by StatiSense, a data consulting firm, provides the list of Nigerian presidents and the value of the Naira to one dollar under their administrations.

Obasanjo/Jonathan/Abubakar/Buhari/Naira to Dollar
A new report provides the list of Nigerian presidents and the value of the Naira to one dollar under their administrations. Photo credits: Femi Adesina, Goodluck Jonathan
Source: Facebook

StatiSense cited the Central Bank of Nigeria (CBN) as the source of the data. See the list below:

Nigerian presidents and value of Naira to $1

  • Shehu Shagari (October 1, 1979, to December 31, 1983): 75kobo
  • Major General Muhammadu (December 31, 1983 – August 27, 1985): 75k — 90kobo
  • General Ibrahim Badamasi Babangida, IBB (August 27, 1985 – August 27, 1993): 90k — ₦21.9k
  • Chief Ernest Adekunle Oladeinde Shonekan (August 26, 1993 – November 17, 1993): ₦21.9k
  • General Sani Abacha (November 17, 1993 – June 8, 1998): ₦21.9k
  • General Abdulsalami Alhaji Abubakar (June 9, 1998 – May 29, 1999): ₦21.9 — ₦94.9k
  • General Olusegun Aremu Okikiola Matthew Obasanjo (Rtd) (May 29, 1999 – 29 May, 2007): ₦94.9k — ₦127.6k
  • Umaru Musa Yar'adua (29 May, 2007 - 5 May, 2010): ₦127.6k — ₦150.3k
  • Dr. Goodluck Ebele Jonathan (6 May, 2010 - 29 May, 2015): ₦150.3k — ₦197
  • Muhammadu Buhari (29 May, 2015 - Date): ₦197 — ₦422

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Note: Legit.ng provided the full names of the presidents and the dates of their tenures using the data from the Office of the Secretary to the Government of the Federation.

Report shows Nigeria generated more electricity under President Buhari than Obasanjo, Yar'Adua, Jonathan

In another report, data shared by StatiSense has revealed that Nigeria generated more power under President Buhari than the previous four administrations.

Under President Buhari, Nigeria's electricity production added 8 terawatt-hour. Obasanjo on the hand, during its 8 years of administration as president of Nigeria added 7Twh.

Late Musa Yar'adua added 3Twh, and Goodluck Jonathan added 6Twh while at the helm of affairs.

Buhari is Nigeria's best president ever - Katsina governor

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Meanwhile, Legit.ng previously reported that the governor of Katsina state, Aminu Masari, described Buhari as the best president Nigeria has ever had.

During a rally organised by the beneficiaries of the federal government’s Social Investment Programme (NSIP) in the state on Saturday, April 2, Masari stated:

“Since the amalgamation of Nigeria in 1914, the country has never had a better government and President like Muhammad Buhari.”

Source: Legit.ng

Authors:
Nurudeen Lawal avatar

Nurudeen Lawal (Head of Politics and Current Affairs Desk) Nurudeen Lawal is an AFP-certified journalist with a wealth of experience spanning over 8 years. He received his B/Arts degree in Literature-in-English from OAU. Lawal is the Head of the Politics/CA Desk at Legit.ng, where he applies his expertise to provide incisive coverage of events. He was named the Political Desk Head of the Year (Nigeria Media Nite-Out Award 2023). He is also a certified fact-checker (Dubawa fellowship, 2020). Contact him at lawal.nurudeen@corp.legit.ng or +2347057737768.