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The Presidency has stated that the circulation of reports about an alleged attempted coup is harming Nigeria’s economy and discouraging potential foreign investors.

Bayo Onanuga, spokesperson to President Bola Tinubu, made the statement during an interview on Arise News’ Prime Time programme on Thursday.

Onanuga warned against the spread of unverified claims, urging Nigerians to rely on confirmed information rather than speculation.

“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.

Calling for restraint, he noted that while investigations were ongoing into certain arrests, there was still no credible proof linking them to any plot to overthrow the government.

“Some media outlets ran with the story for clicks and attention. But as patriotic Nigerians, we must know that what we report has implications for our economy and stability,” he said.

The development follows reports alleging that several military officers, including a Brigadier General, were involved in plans to unseat President Tinubu’s administration.

Some officers were reportedly taken into custody in connection with the supposed coup attempt.

However, the Defence Headquarters, through the Director of Defence Information, Brig. Gen. Tukur Gusau, dismissed the allegations.

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