Abdulsalami Abubakar

Too short to score

Fewer than two scored calendar years under the 183-day rule (§3): 1 scored year(s) (1998). No outcome, credibility, reforms or composite score is given.

Finance ministers

Ismaila Usman (Aug 1998-May 1999)

CBN governors

Paul Ogwuma

Signature move

The transition: handing power to an elected government within a year, with a fuel price adjustment and an end to the official N22 rate.

Oil price context

$12.7 a barrel in 1998, the lowest since 1973 in nominal terms, recovering to $18.0 in 1999.

Key actions

• 20 Dec 1998 Petrol N11 to N25. [vanguard_fuel]
• 6 Jan 1999 Petrol cut to N20. [vanguard_fuel]
• 1999 The official/parallel exchange-rate split ends (official average N92.3/$ in 1999). [wbfx] [cbnfx]

Context data (not scored)

Calendar-year data shown for context only; these years are shared with (and scored for) neighbouring governments where they held 183+ days.

No score to challenge. This government held office too briefly to be scored, so it has no score of any kind. Spotted an error in the facts on this card? Email [email protected] with your source. How public review works