Popular Nollywood filmmaker and entrepreneur, Kunle Afolayan, has expressed deep concern over the rising cost of diesel, revealing that his businesses now spend about ₦11 million on fuel every four to five weeks.

Speaking in a video shared on his Instagram page, the filmmaker explained that the increasing price of diesel is placing serious pressure on his operations.

It was gathered that Afolayan, who operates the KAP Film Village and Resort, said the situation has become difficult to sustain despite efforts to reduce energy costs.According to him, the facilities still depend heavily on diesel to maintain steady electricity, even though solar power has already been installed at the film village and other business locations.

Afolayan disclosed that diesel currently sells for about ₦1,500 per litre, a sharp increase from the previous price range of around ₦1,000 per litre.

The filmmaker noted that the high cost has forced his businesses to purchase diesel on credit just to keep operations running.

He explained that payments are often made gradually whenever funds are available, adding that it sometimes takes up to two months to clear outstanding balances before obtaining another supply on credit.

“I’ve been sad because I can’t cope with the ₦1,500 per litre price of diesel. In one of the businesses we run, the KAP Village, we spend about ₦11 million in four or five weeks on diesel. Even with solar power, we are still spending that much,” he said.He further stated that the constant price increase is making it increasingly difficult for business owners who rely on generators to maintain stable operations.

Afolayan appealed for support to help sustain his businesses amid the rising cost of energy.

Meanwhile, the development comes shortly after the Dangote Petroleum Refinery increased the gantry price of Premium Motor Spirit (petrol) to ₦1,175 per litre from ₦995.

The adjustment marked the third price change within one week, representing a total increase of ₦180 in just three days, further fueling concerns among business owners and consumers over rising energy costs in the country.