Nigerian filmmaker and director Kunle Afolayan has voiced concern over the rising cost of diesel in Nigeria, revealing that his businesses are bearing a heavy financial burden.
Afolayan, the owner of KAP Village, explained that despite installing solar power, diesel expenses remain high, with the facility spending roughly N11 million every four to five weeks.
“I’ve been sad, sad because I can’t cope with the N1,500 per litre of diesel. I can’t even comprehend it,” he said, highlighting the impact on day-to-day operations.
He added, “In one of the businesses that we run, the KAP Village, we spend about N11 million in four or five weeks on diesel. N11 million for five weeks. And we have solar power, but we’re still spending about N11 million in four or five weeks. In Lagos KAP Hub, we still spend a lot on diesel, even though we have solar power.”
Afolayan described the situation as unsustainable, explaining that diesel is often purchased on credit to keep the business running.
“It’s not sustainable. The diesel we’ve been buying, we’ve been buying on credit. When we make small money, we’ll find a way to pay. Sometimes it even takes two months to pay and then get another one on credit,” he said.
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He noted that the recent jump in diesel prices—from roughly N1,000 per litre to N1,500—has further strained the business, and called for support to expand renewable energy usage.
“But now from like N1,000 or N995 to N1,500-something, we need a loan to upgrade our solar power. So please, if you can come to our aid, I’ll really appreciate,” Afolayan added.
The filmmaker’s remarks highlight the growing challenges entrepreneurs face amid rising energy costs in Nigeria.