Before you continue

Terms & Conditions

Please review and accept these terms to browse Rainoil Limited's asset auctions.

1. Sold As-Is, Where-Is

All assets listed on this platform are decommissioned or surplus property of Rainoil Limited, offered for sale strictly on an as-is, where-is basis. Rainoil makes no warranty, express or implied, as to the condition, fitness for purpose, or merchantability of any asset. Bidders are strongly encouraged to inspect an asset in person before bidding.

2. Eligibility & Sign-in

This platform is open to Rainoil Limited staff only. You must sign in with your Rainoil Microsoft work account before placing a bid. Accounts are personal and may not be shared; you are responsible for all activity under your account. Every bid is recorded and available to Internal Audit.

3. Bids Are Binding

Every bid you place is a binding offer to purchase the asset at that price. Bids cannot be withdrawn once submitted. Only bid amounts you are prepared and able to pay. The highest valid bid standing when an auction's countdown reaches zero wins that auction.

4. Payment & Collection

Winning bidders will be contacted by the Admin & Protocol Department using the details on their account to arrange payment and collection. This platform does not process payment online. Failure to complete payment and collection within the timeframe communicated by the Admin & Protocol Department may result in forfeiture of the winning bid and re-listing of the asset.

5. Rainoil's Rights

Rainoil Limited reserves the right to withdraw, reschedule, or cancel any listing at its discretion, and to reject any bid it reasonably believes to be fraudulent, made in bad faith, or in breach of these terms, without liability to the bidder.

6. Governing Law

These terms are governed by the laws of the Federal Republic of Nigeria. Any dispute arising from use of this platform or an auction conducted on it shall be subject to the exclusive jurisdiction of the Nigerian courts.

Rainoil
Official Rainoil Limited Disposal Platform

Bid on decommissioned assets, transparently

Rainoil periodically retires fully-utilized vehicles, computers and equipment. Every unit is reviewed by Audit and Finance, approved by Executive Management, and sold to the highest bidder — as-is, where-is.

Assets Listed
47
Live Now
8
Categories
3
Live marketplace

Live & Upcoming Auctions

Bid before the countdown runs out.

2015 Toyota Coaster — MUS 381 DQ
Live Now
Vehicle
Ends in
 

2015 Toyota Coaster — MUS 381 DQ

White 2015 Toyota Coaster staff bus, 26-seater.

Starting bid

₦1,800,000

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Hp P19Bg4 WXGA Monitor — RL/RET/000568
Live Now
Computer & IT Equipment
Ends in
 

Hp P19Bg4 WXGA Monitor — RL/RET/000568

Hp P19Bg4 WXGA Monitor (RL/RET/000568) — faulty, from the IT Department's Head Office disposal list.

Current bid

₦4,000

1 bid

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HP Pro One 400G1 Ai0 Business (Desktop) — RL/RET/000354
Live Now
Computer & IT Equipment
Ends in
 

HP Pro One 400G1 Ai0 Business (Desktop) — RL/RET/000354

HP Pro One 400G1 Ai0 Business (Desktop) (RL/RET/000354) — faulty, from the IT Department's Head Office disposal list.

Starting bid

₦12,000

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HP Pro One 400G1 Ai0 Business (Desktop) — RL/HO/000505
Live Now
Computer & IT Equipment
Ends in
 

HP Pro One 400G1 Ai0 Business (Desktop) — RL/HO/000505

HP Pro One 400G1 Ai0 Business (Desktop) (RL/HO/000505) — faulty, from the IT Department's Head Office disposal list.

Starting bid

₦10,000

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HP Pro One 400G1 Ai0 Business (Desktop) — IT Asset #06
Live Now
Computer & IT Equipment
Ends in
 

HP Pro One 400G1 Ai0 Business (Desktop) — IT Asset #06

HP Pro One 400G1 Ai0 Business (Desktop) — faulty, from the IT Department's Head Office disposal list.

Starting bid

₦8,000

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HP Pro One 400G1 Ai0 Business (Desktop) — RL/RET/000093
Live Now
Computer & IT Equipment
Ends in
 

HP Pro One 400G1 Ai0 Business (Desktop) — RL/RET/000093

HP Pro One 400G1 Ai0 Business (Desktop) (RL/RET/000093) — faulty, from the IT Department's Head Office disposal list.

Starting bid

₦9,000

View →
HP 200 G3 Ai0 Business Pc — RL/HO/000809
Live Now
Computer & IT Equipment
Ends in
 

HP 200 G3 Ai0 Business Pc — RL/HO/000809

HP 200 G3 Ai0 Business Pc (RL/HO/000809) — faulty, from the IT Department's Head Office disposal list.

Starting bid

₦8,000

View →
HP Pro One 400G1 Ai0 Business (Desktop) — RL/RET/000575
Live Now
Computer & IT Equipment
Ends in
 

HP Pro One 400G1 Ai0 Business (Desktop) — RL/RET/000575

HP Pro One 400G1 Ai0 Business (Desktop) (RL/RET/000575) — faulty, from the IT Department's Head Office disposal list.

Starting bid

₦9,000

View →
Explore

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Process

How It Works

1

Review

Assets are inspected, valued and recommended for disposal by Audit, Finance and Executive Management.

2

Sign in & Bid

Sign in with your Rainoil Microsoft account, review asset condition reports and photos, then place your bid before the countdown ends.

3

Win & Collect

The highest bidder at close of auction is contacted by the Admin & Protocol team to complete payment and collection.

Ready to place your first bid?

Sign in with your Rainoil Microsoft account to place bids and follow the auctions that matter to you.