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The Presidency has vehemently debunked rumours speculating that it plans to reinstate fuel subsidies.
Following a strongly-worded statement released on Thursday by the special adviser on information and strategy to the president, Bayo Onanuga, the presidency reiterated its commitment to the removal of the long-standing petrol subsidy regime, thereby dismissing the viral documents as “unofficial” and mere “policy proposals” which were still subject to review at the highest levels.
This came after the leaked draft policy documents sparked widespread discussions and reports suggesting the government could reintroduce fuel subsidies amounting to N5.4 trillion in 2024.
Urging the public and media to disregard the information, Onanuga equally warned the media against amplifying unverified documents to avoid misinforming the public on key economic policies and programs.
President Joe Biden has issued a sweeping executive order aimed at curbing record migrant arrivals at the US-Mexico border that have left him politically vulnerable in an election year. The president criticised Republicans for not passing bipartisan immigration reform in Congress earlier this year and asked left-wing critics of the new executive action to be patient.
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