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Sweet crude is big business in Nigeria. The nation’s crude oil production increased from 2.4 Million barrels per day to 2.7 million barrels per day according to the Nigerian National Petroleum Corporation. Oil and gas production accounted for about 35% according to the Organization of Petroleum Exporting Countries’s Annual Statistical Bulletin 2017. This is not surprising as it is the mainstay of the country’s economy.
This continues despite the dramatic drop in price of crude to as low as $45. This has not stopped Nigerians from investing in oil and gas.
Hence, it should be a welcomed idea to be able to purchase or buy fuel online.
The start-up at the forefront of this is FuelPoint. It wants to take the stress off the buying and supply of petroleum products e.g petrol, diesel, kerosene, gas etc by allowing buyers like individuals, banks, hotels, industries and filling stations buy fuel from a large list of registered accredited suppliers around the country online
The website describes FuelPoint as an uber for petroleum products. They also have an app. There are different apps for the buyer and also for the supplier. The advantage of using the app is that it offers businesses that need fuel can get it at a cheaper rate from a list of suppliers with a lower price tag.
So, when next you need fuel, FuelPoint is the place to visit!
