Every year, Nigerian businesses collectively spend trillions of naira on fuel — and lose a significant portion of it without knowing why. This is not a niche operational problem. It is one of the most widespread financial inefficiencies in the Nigerian economy, hiding in plain sight across generators, fleets, construction sites, telecom towers, and logistics operations.
For most organisations, the challenge is not that energy costs are high. It is that they have almost no visibility into where those costs are going, no mechanism to detect losses in real time, and no intelligence platform to support better decisions. At Tango Brook Technologies Limited, we believe this is the defining operational challenge of Nigerian business today — and one that technology is now equipped to solve.
Nigeria’s fuel economy: The Numbers are staggering
The scale of the problem is captured clearly in the data. Nigerians spend approximately $10 billion — roughly ₦7.6 trillion — annually on fuel and maintenance for small generators alone, according to Sustainable Energy for All (SEforALL). Lagos MSMEs spend an estimated ₦5.3 trillion per year on generators, while the city’s roughly 4.5 million generators consume 16 billion litres of fuel annually at a cost of around ₦14 trillion at current prices.
