The Managing Director of NNPC Retail, Huub Stokman has made a denial.

Stokman denied authorizing the message announcing the increase petrol price, according to AIT News.

The message, which circulated widely on social media and among fuel station owners, claimed that the pump price of Premium Motor Spirit (PMS) 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.