Ibrahim Babangida regime and the Structural Adjustment Program (1985–1993)

1. Babangida overthrows Buhari in palace coup

   Aug 27, 1985Labels: Ibrahim Babangida, Muhammadu Buhari, Armed Forces

   • Britannica
   • 1985 Coup

2. Political Bureau inaugurated to shape transition

   Jan 13, 1986Labels: Political Bureau, S J

   • Political Bureau

3. Structural Adjustment Programme (SAP) adopted

   Jul 1, 1986Labels: Structural Adjustment, Nigerian economy

   • CBN Monetary

4. Second-tier FX market (SFEM) launches under SAP

   Sep 26, 1986Labels: Second-tier FX, naira

   • CBN FX

5. Political Bureau submits final report

   Mar 1, 1987Labels: Political Bureau, report

   • Political Bureau

6. MAMSER inaugurated for national mobilisation

   Jul 25, 1987Labels: MAMSER

   • MAMSER

7. Student-led anti-SAP riots erupt nationwide

   May 24, 1989Labels: student protests

   • Anti SAP Riots
   • Washington Post

8. Government-created SDP and NRC take shape

   Dec 1, 1989Labels: Social Democratic, National Republican

   • SDP
   • NRC

9. Orkar-led coup attempt targets Babangida

   Apr 22, 1990Labels: Gideon Orkar, coup attempt

   • 1990 Coup

10. Orkar and 41 others executed after trials

    Jul 27, 1990Labels: Gideon Orkar, executions

    • UPI Archives

11. June 12 presidential election held and won by Abiola

    Jun 12, 1993Labels: M K, presidential election

    • 1993 Election

12. Babangida announces annulment of June 12 election

    Jun 23, 1993Labels: annulment, Babangida

    • Vanguard
    • Third Republic

13. Babangida steps aside; Shonekan assumes interim leadership

    Aug 26, 1993Labels: Ernest Shonekan, Interim National

    • Shonekan
    • Washington Post

14. Abacha ousts Interim National Government

    Nov 17, 1993Labels: Sani Abacha, coup

    • 1993 Coup
    • UPI Archives