AA RANO Unveils New Logo in Lagos
A big player in Nigeria’s full stream oil and gas, AA RANO, was a major attraction for industry players and stakeholders as Africa’s oil majors gathered in Lagos recently for the 2019 OTL Africa’s Week and Expo. The company, one of the players in the industry was on ground at the exhibition to introduce its new logo to its major stakeholders while it also displayed its array of products and services. While unfolding the company’s expansion plans, its Chief Operating Officer (COO) Mumuni Dagazau explained that the company, which was established in 1994, is determined to remain relevant in the business and become the leader in the Nigerian and Sub-Saharan African oil and gas industry.
Dagazau added that AARano is poised to take total control of the entire value chain from production to end user because the company now has all the required assets involved in production.
This, the COO maintained, will be achievable as the company will do things distinctly and differently for the satisfaction of their customers. He affirmed that the newly introduced logo was to further refresh and sustain the confidence reposed on them by various stakeholders, as the company is constantly innovating, improving and continually raising the stakes in the industry.
He also informed customers and stakeholders who thronged the company’s stand that AA Rano, with over 600 trucks and 120 retail outlets, will soon expand its retail network to Lagos and other areas to ensure that the average consumer enjoys and benefits from its brand’s promise of availability, top quality and best pricing.
“Plans are already on top gear. We have concluded plans and talked with various stakeholders to acquire and open more outlets in the Lagos area before the end of this year, to spread the goodness of AA Rano to consumers in Lagos,” he said.
He revealed that part of the company’s strategic business expansion programmes include the recent acquisition of a new vessel and the commissioning of a state- of- the- art 56 million- litre tank farm facility and a 20,000 metric tones capacity LPG plant currently under construction in Lagos.
The company, which started with marketing and distribution of petroleum products at inception, has however evolved into a full- stream Petroleum Company within its 25years of operations. Its subsidiaries include: RanoPetrotrade limited, Ranogaz Limited, AA Rano Transport Limited and Rano Lubricants Limited. It became a member of the major oil Marketers Association of Nigeria (MOMAN) in October 2018.
Regarded as the biggest platform for downstream oil & gas businesses in Africa, the OTL is a leading continent’s business forum for market insights, emerging opportunity, products showcase and recognition of excellence in the Africa’s downstream petroleumvalue chain.