Home Latest Insights | News Bringing Transparency to Nigeria’s Downstream Oil & Gas Sector with Technology

Bringing Transparency to Nigeria’s Downstream Oil & Gas Sector with Technology

Bringing Transparency to Nigeria’s Downstream Oil & Gas Sector with Technology

It is super-amazing. Filling (gas or fuel) stations in Nigeria and Africa, a new future has come. Our technology makes it possible to have 100% revenue assurance. No more leaks on Naira or fuel. Yes, at the end of every shift, we reconcile all payments and fuel dispensed in seconds. Technology is bringing transparency in the downstream oil & gas, and we invite owners of stations to trial our product. We’re running pilots across Nigerian cities; contact us on email on this site.

Our product was engineered from scratch and costs just 30% of competing foreign ones. We coded the firmware and that means we can add any feature that you want.

Station owner: you can see the amount of fuel in tanks, money received, etc, in real time on your phone. It is super-amazing.

Tekedia Mini-MBA edition 14 (June 3 – Sept 2, 2024) begins registrations; get massive discounts with early registration here.

Tekedia AI in Business Masterclass opens registrations here.

Join Tekedia Capital Syndicate and invest in Africa’s finest startups here.

Our technology now makes it possible for petroleum marketers to track inventory from depots to storage tanks and all the way to dispensing points. You know the locations of all the trucks, the storage capacities, etc in real time. We use a combination of satellite and GSM systems to build this integrated and synchronized system, supported by intelligent sensors.

We have also launched a payment system and are now recruiting fintech companies across Africa. If your fintech is integrated with our engine, in a fuel station that uses our technology, your user can buy fuel from a mobile app. Once the user pays, we will receive your payment packets, and immediately, we will send a token for you to render to your users (this happens instantly). Once that is done, when the user gets to the fuel station termina (if not already there), he/she shows a rendered QR  and our technology will authorize dispensing.

With this, you can be in Ibadan and pay for your driver in Lagos to go to a fuel station in Ikoyi to refuel the car; he will not need to touch any cash. Our technology is in production. But a formal launch date is coming. Check what I have written and get in touch; we are striking partnerships across Africa. This tech is baked by your fellow citizens in the lab of the people.

Nigeria: zero leakage, zero diversion guaranteed on fuel delivery and consumption - Tekedia

Building the Operating System for Payment in Nigeria’s Downstream Sector

Cloud Latency Intelligence

Look at this date below.

Our terminal monitoring AI indicated that there are transactions that were captured but they have not been sent to the cloud. This means that if the dealer checks the record, there will be variance. Now, our algorithm is indicating the variance and also telling the dealer that he should wait for the transaction to arrive in minutes, and recheck the transaction reports again. This is important in case there is a network issue that prevents that data hitting the cloud. 

Post the update, here is the final: new calculation is showing zero variances.

 


---

Register for Tekedia Mini-MBA (Jun 3 - Sep 2, 2024), and join Prof Ndubuisi Ekekwe and our global faculty; click here.

No posts to display

2 THOUGHTS ON Bringing Transparency to Nigeria’s Downstream Oil & Gas Sector with Technology

  1. We interested to bring some citizens of our country zambia on board to attend your these master classes.also we interested to be the first agents to introduce your systems for fuel and gas payment system in our country.these opportunities you are country for Africa should be pushed to our government to support youths to learn from your school.

  2. Hi Sir,
    Thank you for posting.

    We are keen to know more, can you contact us or how can we communicate with each other.
    My company is SDG Instrumentation and Mechanical. Email: consultant@ sdg-sg.com.My name is M Gopalakrishnen

Post Comment

Please enter your comment!
Please enter your name here