The Chief Executive Officer of SMEFUNDS, Femi Oye, has expressed optimism that its new innovation –Kike AI, a pioneering kitchen application, will transform Nigeria’s food and gas industries, with the ambitious objective of creating one million jobs across the country.

Oye, who disclosed this during a media briefing to unveil this application in Lagos, said the app has the potential to optimise gas supply, enhance consumer convenience, and foster significant economic opportunities.

He said: “Kike AI tackles a prevalent household issue – the unexpected depletion of cooking gas. By utilising advanced algorithms and data analytics, the app forecasts when a user’s gas cylinder is running low, allowing them to order refills ahead of time.”

Oye noted that the application is projected to generate numerous job opportunities, particularly in delivery, logistics, and within the gas retail and food sectors. “We expect significant job growth as the app gains traction, positively affecting gas stations and food businesses. This app represents a mutually beneficial solution, fostering economic development and creating essential employment.”

According to Oye, the job creation potential of Kike AI is diverse, noting that a considerable number of positions will arise in delivery and logistics, as the app streamlines gas refill deliveries. “We envision a massive expansion in the app’s reach leading to increased employment in gas stations and food businesses. We believe Kike AI can transform the food and gas industries, fostering a mutually beneficial scenario that stimulates economic growth and generates essential employment opportunities.

“The innovative app aims to enhance efficiency and create new job opportunities across the sectors. This technology unlocks numerous opportunities by delivering value in an effective, efficient, secure, and safe manner. It enables gas marketers to meet customer expectations in a verifiable way by predicting when gas supplies will deplete.

“We are discussing the predictive management of gas sales and purchases, which enhances demand forecasting and boosts supply chain efficiency. It is possible for business operators to access extensive datasets collected in real-time, thereby facilitating improved decision-making and overall business performance.”

He called on food and gas sector businesses to prepare for the significant transformation, promising enhanced efficiency and a wave of new employment opportunities.

Oye highlighted that Kike AI functions as more than just an app; but also offers a digital marketing platform. He explained: Kike AI facilitates a digital marketplace that connects gas stations with an expanded customer base and supports online transactions. The app’s predictive capabilities empower gas stations to anticipate customer demand, enabling them to optimise their inventory and reduce stock shortages. Users can quickly find nearby stations, compare prices, and set up deliveries, thereby fostering customer loyalty.

“This application will serve as a digital tool for culinary innovation, granting users immediate access to a vast array of recipes. Whether one is an experienced chef or a beginner in the kitchen, it serves as an asset for discovering new tastes and streamlining meal preparation.”