The Nigerian Presidency has officially refuted claims of a Presidential Economic Advisory Council. Reports circulating had indicated Adeyemi Adeniyi Matthew was appointed as the Director-General of this council. However, the Presidency states that no such council currently exists. This denial aims to clarify recent reports and dispel any confusion regarding economic advisory roles within the government. The announcement was made to address misinformation and ensure accurate information is available to the public. Further details regarding official economic advisory structures will be released through appropriate channels, according to sources. This clarification follows reports published by Vanguard News and other outlets.