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BREAKING: Presidency Reveals Stories About Alleged Coup Damaging To Nigeria's Economy

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The Presidency has cautioned that recent media reports alleging coup plots are damaging Nigeria’s economy and discouraging foreign investment. Speaking on Arise News’ Prime Time programme on Thursday, Special Adviser to the President Bola Tinubu on Information and Strategy, Bayo Onanuga, warned that sensational stories about national security could erode investor confidence and harm the country’s reputation. “When a country is looking for investment and the media are shouting ‘coup attempt,’ it scares investors away. Stories like that can destroy the country’s reputation and economy. We need to wait for facts, evidence, not rumours,” Onanuga said. Onanuga urged the media and the public to exercise restraint, stressing that official investigations must be allowed to run their course before conclusions are drawn. He explained that although the military had confirmed some arrests were under investigation, “no credible evidence had been established linking them to a coup attemp...