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Business News of Monday, 29 August 2022

Source: legit.ng

From Shagari to Buhari: List of Nigerian Presidents and the value of Naira to $1 under them

Heads of state in Nigeria Heads of state in Nigeria

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.

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.

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