Financial Energy Review
Rainoil Limited has unveiled a new retail station in Adamawa state in a bid to expand its footprint across the country.
According to a statement from Rainoil, the opening would bring its operational locations to 22 states.
The Head of Strategy and Business Development, Mr Emmanuel Omuojine, stated that the company’s strategy would be to establish a presence in emerging markets while consolidating on its market position.
He said, “The end goal is to have a presence in every state in Nigeria. This expansion drive will provide direct and indirect employment opportunities for host communities and the teeming youth. Retail is core to our business strategy.
“The retail sector will remain relevant for the long-term in our national energy delivery value chain.”
The Group Head of Retail Sales, Paul Oparah, expressed happiness at the overwhelming support of the host communities where the company had set up stations.
He said that the retail expansion was important to expand the company’s footprint and keep its name at the forefront of every customer’s mind.
He said, “It is important that we are recognised as the leading energy providers that we truly are. We are intentional about our expansion as it helps to establish and solidify our leading status in the market. Our customers are indeed our greatest assets.”
Oparah added that the company desired to deliver its services efficiently and in a sustainably manner.
