The Axiom Tech Oil Company has launched an app, “Petro-App” for effective downstream operations.

Its Managing Director, Mr Andre Bassey, told journalists on the sidelines of the official launch of the Petro-App in Lagos, that petroleum mobile app would address the challenges confronting the product distribution network.

Bassey said that the Nigeria and Africa’s first downstream mobile app for monitoring activities, would actively engage the marketers in the distribution network.

According to him, Petro-App was built from the ground up, using African ingenuity, and combined with technological innovation to aid decision making seamlessly for traders and marketers.

“Petro-app has been designed as a “one stop shop” to be an information and communication bridge to inform constructive decisions.

“Its features include: Information on product availability from all major petrol depots in Nigeria, prices on the go and maximize profits.

“Others are: information on Trucks/Tanker, information for hire and delivery, price forecast, petro news, knowledge centre and a feedback mechanism.

“It will also generate a raw database of daily ground marketers around Nigeria’s depots, and aid in disseminating general information, news, among others.

“Because Petro-app is 100 per cent locally built, the stakeholders will be perceived as a great supporter of home grown technology within and without Nigeria,’’ he said.

Bassey said that the App was designed to integrate the downstream sector of the petroleum industry and make daily operation decisions very easy for an average marketer.

He said that the company was partnering with the Lagos State Transportation Management Agency (LASTMA) and the Federal Road Safety Commission (FRSC), among others, toward ensuring effective delivery of the project.

Bassey said the App was designed for five years, adding that the company started with the first stage to integrate major stakeholders into the application.

“We intend to capture the ground marketers and also look at the tank farm owners, and eventually move to the marine sector.

“The App will assist marketers to know the depots that have products, daily pricing and load effectively, and as well to ease distribution to any part of the state.

“It also hastens business decision making at instant time without stress of coming down to Apapa or depots.

“Our aim is to simplify the job to have greater synergy with the marketers to move the product round the country.

“We are trying to step in to help the system and improve on effective product distribution channel.

“In the next two months, we are going to put more segments of the business online,’’ Bassey added.

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