It would be huge for the African market – a new way of managing payment in the downstream sector. We received the trademark license from the Nigerian government on FuelPAY and we have built the underlying technology, delivering a wireless ATG (Automatic Tank Gauge) system at 20% of the cheapest in the market, even with better functionalities.
End-to-end, 100% visibility. We promise you: we can account for the last naira in our system. Mr. President, we have the total fuel consumption in Abuja in the last 24 hours. Mr Speaker, this is the total revenue generated and potential loss from subsidy. Mr. Senate President, here is the data; no leakage to Benin Republic. Digitizing the downstream sector with local engineering and financially metering every phase in real time is a call.
Something big is coming – #engineers are coming. FuelPay. Back to the lab, circuits and systems.
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