Meet AA Rano (Biography , Wikipedia , Net Worth)

If you live in Nigeria, you’ve probably heard of the name AA Rano and are curious about his biography and net worth.

Alhaji Auwalu Abdullahi Rano, often known as A.A Rano, is a successful businessman. He is the CEO of A.A Rano Nigeria Limited.

In 1944, he was born in Lausu village, Rano Local Government Area, Kano State, Nigeria.

He began his oil company in 1994, after quitting his tractor business, when he opened his first filling station.

A.A Rano went through many ups and downs in his career before arriving where he is now. In the year 2002, he established A.A Rano limited.

The net worth of Alhaji Auwalu Abdullahi Rano (A.A Rano) is now believed to be more than $9 billion.

A.A Rano Nigeria Limited operates a network of fuel distribution stations around the country.

It’s difficult to find a Nigerian or anybody who lives in Nigeria who has never heard of or seen their filling stations or tankers that deliver fuel. In Nigeria, his firm, A.A Rano Nigeria Limited, has approximately 600 vehicles and 115 retail shops.

When discussing oil and gas in Nigeria, A.A Rano must be mentioned. Under federal government offshore processing documentation, his business has a lifting right of 45,000 BPD of Nigeria crude oil.

He’s been training hard for nearly two decades to stay at the top of his game. He is one of Northern Nigeria’s wealthiest men.

Alhaji Auwalu Abdullahi Rano (A.A Rano) House owns a number of properties in Abuja, Lagos, and northern Nigeria.

He recently purchased a multimillion-dollar home in Abuja, Nigeria, which is quite lovely. You may believe he purchased the white mansion in Nigeria.

The wikipedia Of AA Rano :

When it comes to the oil business in Nigeria, one of the acronyms on the lips of the majority of Nigerians is A.A Rano.

In this post, I will introduce you to Alhaji Auwalu Abdullahi Rano, a silent billionaire oil mogul.

Alh. (Dr) Auwalu Abdullahi Rano, often known as A.A Rano, was born on June 9, 1944, in a Hausa-Fulani hamlet named Lausu Village in Kano State, Nigeria.

In the year 1994, the millionaire oil magnate began selling and distributing petroleum products on a modest scale. As a young entrepreneur, he aspired to be a leader in the Nigerian petroleum industry’s downstream sector, generating consistent income and development in the dynamic and tough downstream sub-sector.

In 1996, he established his first retail stores in Kano State, and in 2002, he established A. A Rano Nigeria Limited.

A.A Rano Nig.Ltd has extended to the nooks and crannies of Nigeria throughout the years, like the flame of fire, with countless gasoline distributing stations around the country.

Aside from being a wealthy businessman, A.A Rano is also a well-known philanthropist.

He established the renowned A. A Rano Foundation, a Non-Governmental and Non-Profit Organization that focuses on community development programs such as health, education, portable water supply, youth and women empowerment, and so on.

A. A. Rano is the founder of Kano State’s Islamic Darul Sunnah. Islamic education is provided at this center, and seminars and events on Islam such as Sheik Ibrahim Daurawa, the leader of the affluent Alh Sani contract, and the leasing ceremony are held.

He is also the president of the A.A Rano Foundation, which provides tuition assistance to students and reimburses patients for the cost of therapy or surgery.

Every Ramadan, A.A Rano consistently reduces the price of oil at its gas stations to make life simpler for the population.

and frequently lowers his pump price.

The Business History Of AA Rano :

Alhaji Auwalu Abdullahi Rano, a millionaire businessman, is rapidly elevating his position in the Nigerian economy. The Kano-born business entrepreneur is highly renowned for his economic acumen and philanthropic gestures as Chairman/CEO of A.A Rano Group.

He has grown his conglomerate into one of Nigeria’s fastest growing enterprises, and its astounding success cannot be overstated. From modest beginnings in Lausu, Rano LGA in Kano State, where he began with ice blocks and groundnut oil, among other local products, Rano has built a multi-billion naira corporate empire that spans all sectors of the Nigerian economy.

Indeed, Rano is a force in Nigeria’s downstream economy, giving hope that the sector would be taken over by the country’s indigenous oil corporations. The firm were vertically integrated and operated in all aspects of the oil and gas business, including exploration and production, refining, distribution, marketing, and trading of petroleum products, and freight and haulage logistic services.

At the moment, the downstream behemoth is one of the few players in the business that has persisted despite the obstacles that the regulated sector faces. This is comprehensible given that, in addition to his well-functioning tank farm, haulage strength of over 600 vehicles, and distribution network, Rano’s petrol retailing Company has over 120 operational filling stations around the country, each with dozens of working pumps.

Rano has shown to be a trustworthy businessman in both good and bad times. During the current energy crisis in the country, with some marketers reportedly hoarding or abusing the public by selling beyond the permitted price, Rano is one of the few large marketers who opened all of its shops and offered the lowest in the country.

This billionaire is rumored to open some of his filling stations on occasion to give away free gasoline to motorists and some of his loyal clients. Many folks are perplexed as to why he made such an unusual move. While they wait for the response, another group of observers believes that his patriotic and philanthropic efforts in his capacity must have influenced his company’s selection as one of the indigenous oil firms awarded the marginal oil field licence by the Department of Petroleum Resources last year.