Oil

NNPC Retail MD, Huub Stokman, Denies Authorizing Price Hike Message

Mr. Huub Stokman

Managing Director of NNPC Retail, Huub Stokman, has denied authorizing the message announcing increase of Premium Motor Spirit (PMS) also known as fuel.

 The MD response came as a result of widespread news of a fuel price hike insinuating that he was behind the increase.

The message, which circulated widely on social media and among fuel station owners, claimed that the pump price of fuel had been increased from N617/liter to N897/liter, effective immediately.

However, in a short message to Journalists, Stokman clarified that the message was not sent by the company and should be disregarded.

“This message was not sent by us,” the statement read. “The Corporate Communications team will lead any messages as usual. Please disregard any information suggesting a price hike.”

The NNPC Retail Corporate Communications team has urged the public to rely only on official channels for information regarding fuel prices and other important updates.

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