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Kunle Afolayan
Nigerian filmmaker and director, Kunle Afolayan, has revealed the heavy financial strain rising diesel prices are placing on his hospitality and creative venture, saying his resort spends about N11 million on diesel in four to five weeks despite already using solar power.
The filmmaker disclosed this in a video shared on his Instagram page, where he spoke about the growing difficulty of maintaining operations at his film village and resort as energy costs continue to surge.
In the video posted online, Afolayan explained that the situation is affecting one of the businesses he runs, the KAP Film Village and Resort, located in Oyo State.
He said the facility still depends heavily on diesel powered generators because of unstable electricity supply, noting that the price of diesel has climbed to about N1,500 per litre, making it increasingly difficult to sustain daily operations.
Expressing frustration over the rising cost of fuel, Afolayan described the situation as financially overwhelming for businesses.
“I have been sad, because I can’t cope with the 1,500 per litre of diesel. I can’t even comprehend it because, in one of the businesses that we run, KAP Village, we spend about N11 million in 4-5 weeks on diesel. N11 million in 4-5 weeks.”
“And we have solar power. But we’re still spending about 11 million in 4-5 weeks. we still spend a lot on diesel, even though we have solar power.”
The filmmaker also disclosed that the resort sometimes buys diesel on credit due to the financial pressure created by rising costs.
“When this announcement of the new prices for diesel and all of that came, I’ve been sad. It’s not sustainable. This, I don’t know.
Because even the diesel we’ve been buying, we’ve been buying on credit. And, you know, when we make small money, we find a way to pay. And even sometimes it takes two months to even pay down and then get another one on credit.”
Afolayan added that the increase in diesel prices from around N1,000–N950 per litre previously to about N1,500 has forced him to consider expanding the resort’s solar infrastructure to reduce reliance on generators.
“But now, from like 1,000 or 950 to 1,500 something, we need loans to upgrade our solar power. So please, if you can come to our aid, I really appreciate it.”
The filmmaker’s comments have sparked conversations online, particularly among small and medium scale businesses that depend on generators due to unreliable electricity supply.
Several business owners, including food producers and manufacturers, say the rising cost of diesel is pushing operational expenses higher, raising concerns about sustainability for businesses that rely on constant power for production and services. (AriseNews TV)