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Filmmaker Kunle Afolayan Struggles With N1,500 Diesel Prices, Seeks Support
Kunle Afolayan says rising diesel prices are putting immense pressure on his creative hub, KAP Village. He calls for support to expand renewable energy infrastructure in Lagos.
Renowned Nigerian filmmaker Kunle Afolayan has voiced concerns over the rising cost of diesel in Nigeria, warning that it is severely impacting his businesses.
Speaking on the financial pressure caused by energy costs, Afolayan said: “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 revealed that his creative hub, KAP Village, spends about N11 million every four to five weeks on diesel, even with solar power in place.
“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,” he stated, explaining that diesel is still necessary when solar energy falls short.
Afolayan said the high cost of diesel is unsustainable and sometimes requires buying on credit. “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.
The filmmaker also highlighted the recent price hike from around N1,000 to N1,500 per litre, urging support to help expand renewable energy capacity. “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,” he added.
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