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NOGTECH start-ups showcase products to oil and gas industry stakeholders

Five start-ups empowered with $10,000 each by Nigerian Content Monitoring and Development Board (NCDMB) in the Nigerian Oil and Gas Technology Hackathon (NOGTECH) have showcased their products to industry stakeholders. NOGTECH organised by the NCDMB hosted 100 attendees at the demo day held in Lagos where start-ups - AirsynQ, Fuel Intellisense, Gricd, Homefort and Kiakia…

Five start-ups empowered with $10,000 each by Nigerian Content Monitoring and Development Board (NCDMB) in the Nigerian Oil and Gas Technology Hackathon (NOGTECH) have showcased their products to industry stakeholders.

NOGTECH organised by the NCDMB hosted 100 attendees at the demo day held in Lagos where start-ups – AirsynQ, Fuel Intellisense, Gricd, Homefort and Kiakia Gas 360 displayed their products.

While AirsynQ focuses on tackling pipeline vandalism; HomeFort makes cooking gas available to low-income households on a pay-as-you-go model, Gricd improves realtime storage conditions of temperature-sensitive medications both stationary and transient, KiaKia Gas 360 updates users on the safety status of cylinders, and Fuel Intellisense automates vehicle identification and fuel management systems.

The demo day is a culmination of a 5-month long series of programmes including hackathons, boot-camps, incubation, mentorship and product development.

NCDMB executive secretary Simbi Wabote said the demo day is aimed at showcasing local innovations in the Nigerian Oil and Gas Industry.

“The NOGTECH is part of the Board’s innovation initiative that is aimed at addressing the challenges faced by the Nigerian Oil and Gas industry and its linkage sectors by ideating, developing, prototyping and commercialization of digital technology solutions that solves pertinent problems in the society as large,” Wabote said.

NOGTECH Programmes director Francisca Kanayo Chiedu said the programme will serve as a launchpad for innovation “for the right disruptions” in the Nigerian oil and gas industry.

Incubation director Oo Nwoye said the start-ups didn’t fall short of expectation of stakeholders.

He said the programme is proof that “beyond financial empowerment, the government is willing to support these startups in scaling their innovations across the country.”