Energy Petrochemicals

Rainoil drives socio-economic development in Ilorin and Gombe

Rainoil drives Socio-Economic Development in Ilorin and Gombe

increases market access, seeks further expansion

By Abisola THOMPSON

Rainoil Limited, an integrated oil and gas company, has taken steps to drive commercial activity and provide jobs in Kwara and Gombe states. Making official announcements via its social media handles, the company made a foray into Gombe State with the commissioning of two retail stations in May, and in Kwara State with the commissioning of a retail station in the capital city of Ilorin on the 18th of June, 2019.

Just a day before commissioning its station in Ilorin, the company also commissioned a station in Eket, Akwa-Ibom State, its third station in the state. Information gleaned from the company’s information portals suggest that the concurrent openings of retail spaces are in line with the company’s aggressive retail roll-out agenda. The official announcement of the expansion agenda will come on the heels of the company’s commission of its multi-product depot at Ijegun, Lagos.

The company also announced that with its entry into Gombe and Kwara states, it now operates in 17 states across Nigeria; with immediate plans to expand further into more states.

The company expressed its satisfaction with its investments in these states, with hopes that they would drive commercial activity which will in turn, generate revenue and see indigenous members of the community provided with jobs.

Rainoil seeks to create superior value by increasing market access, driving socio-economic development and providing easy access to quality products to its loyal customer-base across the country.

With plans to further expand within both states and across the country, Rainoil currently operates over 71 service stations across the country with substantial market share across the entire downstream value chain of logistics, bulk storage, shipping and retail.

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