Renowned Nigerian filmmaker Kunle Afolayan has expressed concern over the rising cost of diesel in Nigeria, revealing that he recently spent about ₦11 million within one month to power operations at his creative facility.
The movie producer shared the revelation in a video circulating online, where he described the current cost of diesel as unsustainable for many businesses operating in the country. Eyes Of Lagos reports,
According to Afolayan, the amount was spent over a period of about four to five weeks to keep activities running at KAP Village, his creative production hub.
Afolayan explained that diesel prices have increased significantly in recent months, with the fuel now selling for around ₦1,500 per litre in many parts of Nigeria.
The filmmaker said the sharp rise has placed enormous pressure on businesses that depend on generators due to the country’s unstable electricity supply.
“I have been really worried because I cannot keep up with diesel selling at about ₦1,500 per litre. In just about four to five weeks, we spent roughly ₦11 million on diesel alone at KAP Village,” he said.
Despite installing solar power systems at the facility, Afolayan said operating costs remain extremely high.
Like many businesses in Lagos and other major cities, KAP Village still relies on generators to maintain constant electricity for production activities.
He added that the situation has become even more challenging because diesel prices recently rose from around ₦1,000 per litre to over ₦1,500, significantly increasing operational expenses.
The filmmaker also appealed to financial institutions and government agencies to support businesses by providing accessible loans that would enable them to expand renewable energy infrastructure.
According to him, improved access to funding would allow companies to upgrade solar power systems and reduce dependence on diesel generators.
Industry observers say the rising cost of energy has become a major challenge for businesses across Nigeria, particularly in sectors that require constant power supply such as film production, hospitality, and manufacturing.
As energy prices continue to climb, many entrepreneurs are increasingly calling for policies and financing options that support the transition to alternative energy solutions.
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@eyesoflagostv I have been sad becos I spent 11 million In 4 to 5weeks on diesel – KUNLE Afolayan #tinubu #kunleafolayan #viral #trending #fyp ♬ original sound – eyesoflagos