Rainoil Limited
Kingsley Ofagbon, BSc, ACA, MBA, ACTI, is an experienced finance and accounts professional currently serving as Finance & Accounts Manager at Rainoil Limited since March 2017, where responsibilities include implementing internal control policies and conducting risk assessments to enhance operational efficiency. Prior to this role, Kingsley worked as a Senior Associate Auditor at Patrick Uzoka & Co. from January 2016 to March 2017, focusing on internal control expertise and business consultancy. Kingsley's career began at First City Monument Bank Limited, where significant experience was gained as an Internal Control Manager from March 2006 to January 2016, overseeing compliance functions and conducting operational audits. Kingsley holds a Bachelor's degree in Accounting from the University of Calabar and an MBA in Accounting from Enugu State University of Science and Technology.
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Rainoil Limited
Rainoil Limited is an integrated downstream oil and gas company. A prominent player in the Nigerian industry, the company’s operations span across the downstream value chain i.e. Petroleum Product Storage, Haulage/Distribution and Retail Sales. Our primary products include Petrol (PMS), Diesel (AGO) and Kerosene (DPK). Rainoil Limited was incorporated in November 1994. Commencing business as a petroleum products marketing company in May 1997, the company’s assets base has grown over the last 20 years to include: • Bulk Storage - 3 ultra-modern petroleum product storage depots i.e. a 50 million litre capacity multi-product depot in Oghara, Delta State, a 50 million litre capacity multi-product depot in the Calabar Free Trade Zone, Calabar, Cross River State and a 50 million litre capacity multi-product depot in Ijegun, Lagos State • Retail Services - Over 70 retail outlets spread across the country. Our stations are strategically located in major cities such as Lagos, Abuja, Kaduna, Port Harcourt, Calabar, Uyo, Enugu, Onitsha, Asaba, Makurdi, Sapele, Lafia, Keffi etc. We have a large and diverse customer base of retailers who rely on us for supply of products. • Logistics - A fleet of over 80 tank trucks for efficient delivery of products to our network of stations and customers across the country. The fleet is frequently renewed through a deliberate truck acquisition policy. • Marine Services - 1 shipping vessel with a total carrying capacity of over 20,000 metric tonnes. Rainoil Limited remains a wholly indigenous company and a recognised player in the downstream oil and gas industry. The ultra-modern head office is located in Lekki, Lagos State.