The presidency on Thursday declared that some leaked documents on fiscal policy proposals by the federal government, which have gone viral on social media do not reflect the official position of the government on such matters.

The presidency, in a statement issued by the Special Adviser to President BOLA TINUBU on Information and Strategy, BAYO ONANUGA, said the documents which have gone viral are only proposals and drafts which have not been given final approval by the President.

ONANUGA identified the leaked documents as Inflation Reduction and Price Stability (Fiscal Policy Measure etc) Order 2024 and Accelerated Stabilization and Advancement Plan (ASAP), emphasizing that TINUBU has not signed an executive order on any of the documents as they are subject to reviews.

He added that reports second-guessing the government’s policy on customs tariffs, fuel subsidies, and other economic matters have emerged from the two documents. However, reports in the media do not represent the government’s position on such policies and should, therefore, be disregarded by members of the public.

The statement emphasized that the position on fuel subsidy has not changed from what President BOLA AHMED TINUBU declared on 29 May 2023 that the fuel subsidy regime has ended.

ONANUGA added that there is no N5.4 trillion being provisioned for it in 2024, as being widely speculated and discussed.