Nigerian filmmaker Kunle Afolayan has raised alarm over skyrocketing diesel costs, revealing he spent ₦11 million on diesel in just 4–5 weeks at his KAP Village enterprise, despite having solar power installed. In a video clip, Afolayan expressed frustration: “I have been sad because I can’t cope with ₦1,500 per liter for diesel. In one of the businesses that I run, KAP Village, I spent ₦11 million in just 4–5 weeks on diesel.”.Read Full; Original...READ FULL; FROM THE SOURCE.
He explained that even with solar power, expenses remain high, noting that recent fuel price hikes from ₦1,000 to over ₦1,500 per liter have made cost management impossible, especially when diesel is bought on credit. Afolayan appealed to financial institutions and government agencies for loans to upgrade solar power systems, helping businesses reduce reliance on expensive diesel and ensure sustainable operations.
Key Points
Afolayan spent ₦11 million on diesel in 4–5 weeks at KAP Village.
Even with solar, costs remain unsustainable at ₦1,500 per liter.
Fuel price surged from ₦1,000 to over ₦1,500 recently.
Appeals for loans to upgrade solar and reduce diesel dependence.
Social media reactions express sympathy and shared frustration.
Kunle Afolayan’s ₦11 million diesel bill in a month lays bare the brutal economics of Nigeria’s energy crisis, even solar can’t save businesses from the relentless cost of staying powered..Read Full; Original.
Sources: Social Media.
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