In just a year, Findout, a Nigerian tech startup, has emerged as a crucial platform for fuel price transparency, serving as a reliable “fuel price compass” for millions of Nigerians. Launched in response to the fuel subsidy removal in 2023, the platform fills a vital gap by crowdsourcing and publishing real-time fuel prices across the country.
The removal of subsidies caused fuel prices to fluctuate drastically and unevenly, leading to confusion and distrust among citizens. Recognizing this, Findout created a user-friendly mobile app and web platform that enables users to report and check fuel prices at specific locations. It aggregates this data to provide a national map of current fuel costs, giving users power to make informed purchasing decisions. Within months, the platform gained over 100,000 users, largely through word of mouth and social media.
What sets Findout apart is its community-driven model. Users voluntarily share prices and verify each other’s submissions, creating a self-regulating ecosystem. The app also allows users to filter prices by fuel type, brand, and region. This not only helps consumers save money but also introduces competition among fuel stations, encouraging price fairness.
The platform’s impact extends beyond individual savings. Media outlets, policymakers, and researchers now use Findout data to analyze market trends and fuel accessibility. By providing open access to this data, Findout is driving conversations around transparency and accountability in Nigeria’s downstream oil sector.
The team behind Findout, composed of young Nigerian engineers and data analysts, continues to innovate. They are working on expanding the app to include diesel and cooking gas prices, and exploring AI to predict price trends. They’ve also hinted at partnerships with logistics firms and NGOs for broader social impact.
In just a year, Findout has transformed from a small idea into a trusted national utility. As Nigeria adjusts to post-subsidy realities, platforms like Findout are not just useful—they’re essential tools for consumer empowerment and economic adaptation.
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