Rainoil Boss: Increased Crude Oil Production Will Boost Nigeria’s Economy Nigeria must increase crude oil production to boost its economy, the Managing Director, Rainoil Limited, Gabriel Ogbechie has said. Ogbechie, who made the remarks at a panel session at the just concluded National Economic Summit at...

25th Anniversary: Rainoil Pledges Commitment To Development Of Downstream Sector The Group Managing Director of Rainoil Ltd., Dr. Gabriel Ogbechie has reiterated the company’s commitment to the development of the petroleum downstream value chain, which is critical to Nigeria’s economic growth. He also stated that in...

'Petrol Subsidy May Gulp N2trn This Year'     Nigeria may end up spending N2tn on petrol subsidy this year if the current situation persists, the Group Managing Director, Rainoil Limited, Dr Gabriel Ogbechie, has said. Ogbechie said this on Sunday at the Nigeria History Series of the...