He cautioned the mainstream media and social media platforms to desist from reporting fiscal policy documents that have not been ractified by the government.

Onanuga lamented that one of the documents titled Inflation Reduction and Price Stability ,Fiscal Policy Measure etc, Order 2024 is being shared as if it were an executive order signed by President Bola Ahmed Tinubu.

He noted that the other is a 65-page draft document with the title “Accelerated Stabilisation and Advancement Plan ,ASAP, which contains suggestions on how to improve the Nigerian economy. President Tinubu received a copy of the draft.

He urged the public and the media to disregard the two documents and cease further discussions on them, stressing that none is an approved official document of the Federal Government of Nigeria.

Quoting the Coordinating Minister of the Economy, Wale Edun, it is important to understand that policymaking is an iterative process involving multiple drafts and discussions before any document is finalised.

He said the Coordinating Minister of the Economy had further clarified: “As previously stated by government officials, including myself, President Tinubu announced the end of the fuel subsidy program last year, and this policy remains firmly in place.

He called on the media to always exercise necessary checks and restraints in the use of documents that do not emanate from official channels so that the members of the public are properly informed, guided and educated on government policies and programmes.