• Latest
  • Trending
  • All
Kunle Afolayan Laments Over Spending ₦11m On Diesel Monthly

Kunle Afolayan Laments Over Spending ₦11m On Diesel Monthly

March 12, 2026
Toluwanisings’ Family Rejects Cemetery Burial, Threatens to Exhume His Remains

Toluwanisings’ Family Rejects Cemetery Burial, Threatens to Exhume His Remains

October 29, 2026
Kenneth Okonkwo alleged INEC has already rigged 2027 election, Questions INEC redeployment of Showunmi’s Wife

Kenneth Okonkwo alleged INEC has already rigged 2027 election, Questions INEC redeployment of Showunmi’s Wife

October 29, 2026
ASUU Declares Indefinite Strike at LAUTECH Over Unpaid Entitlements, Unimplemented Agreement

ASUU Declares Indefinite Strike at LAUTECH Over Unpaid Entitlements, Unimplemented Agreement

October 29, 2026
INEC Gives Political Parties October 24 Deadline to Report Omitted 2027 Candidates

2027 Elections: Action Alliance Urges INEC to Probe, Sack Staff Over Alleged AI-Generated Voter Duplicates

October 29, 2026
Insecurity Will End— Akpabio assures Nigerians

2027: Those criticizing Tinubu on social media are paid to do so – Akpabio alleges

October 29, 2026
APC: Morka Says Ministers’ Billions-for-Appointments Comment Was Taken Out of Context

APC: Morka Says Ministers’ Billions-for-Appointments Comment Was Taken Out of Context

October 29, 2026
2027: Atiku Launches Online Platform for Nigerians to Question Him on Policies, Record

Atiku: FG’s ₦70,000 Transport Allowance Is Desperate Attempt to Contain Public Anger

October 29, 2026
Police Arrest NSCDC Officer for Allegedly Shooting at Abuja Market After Traders Reportedly Assaulted His Wife

Police Arrest NSCDC Officer for Allegedly Shooting at Abuja Market After Traders Reportedly Assaulted His Wife

October 28, 2026
Tinubu Nominates Six INEC Officials Ahead of 2027 General Elections

FG Approves ₦70,000 Transport Allowance for Workers for Six Months

October 28, 2026
Ogun Police Arrest Suspected Eiye Cult Member, Recover Two Pistols, Ammunition and Battle Axe

Ogun Police Arrest Suspected Eiye Cult Member, Recover Two Pistols, Ammunition and Battle Axe

October 28, 2026
Police Arrest Suspected Fake Lawyer After 11 Years of Alleged Practice in Ebonyi

Police Arrest Suspected Fake Lawyer After 11 Years of Alleged Practice in Ebonyi

October 28, 2026
Nigeria May Record 31,400 Heat-Related Deaths as Researchers Warn of Super El Niño

Nigeria May Record 31,400 Heat-Related Deaths as Researchers Warn of Super El Niño

October 27, 2026
Friday, October 30, 2026
DriveTv News
  • METRO
  • LATEST
  • NEWS
  • POLITICS
  • ENTERTAINMENT
  • BUSINESS
  • DRIVETV YORUBA
  • SPORTS
No Result
View All Result
DriveTv News
No Result
View All Result
Home BUSINESS

Kunle Afolayan Laments Over Spending ₦11m On Diesel Monthly

by admin
March 12, 2026
in BUSINESS, LATEST, NEWS
0 0
0
Kunle Afolayan Laments Over Spending ₦11m On Diesel Monthly
0
SHARES
13
VIEWS
Share on FacebookShare on Twitter

Nigerian filmmaker Kunle Afolayan has raised concerns over the rising diesel prices, describing the situation as a major strain on his businesses. He revealed that the current cost of around N1,500 per litre has made it increasingly difficult to sustain operations.

Afolayan highlighted that his creative hub, KAP Village, spends approximately N11 million on diesel every four to five weeks, despite having solar power installed. He explained that diesel remains essential, particularly during times when solar energy is insufficient.

“It’s not sustainable. We often purchase diesel on credit, and sometimes it takes two months before we can pay and buy again,” he said. The filmmaker emphasized that the recent surge from about N1,000 to N1,500 per litre has intensified the financial burden.

He appealed for support to expand renewable energy infrastructure at his facility, noting that additional investment in solar power could help reduce reliance on costly diesel. “If assistance is available, it would be greatly appreciated,” Afolayan added.

The filmmaker’s remarks underscore the wider challenges faced by businesses in Nigeria due to high energy costs, despite efforts to incorporate alternative power solutions.

Tags: business costsdiesel priceDrivetvnewsFuel CrisisKAP VillageKunle AfolayanLagosNigeriaNigerian filmmakerrenewable energysolar power
ShareTweetPin
admin

admin

LATEST

Toluwanisings’ Family Rejects Cemetery Burial, Threatens to Exhume His Remains

October 29, 2026
LATEST

Kenneth Okonkwo alleged INEC has already rigged 2027 election, Questions INEC redeployment of Showunmi’s Wife

October 29, 2026
BUSINESS

ASUU Declares Indefinite Strike at LAUTECH Over Unpaid Entitlements, Unimplemented Agreement

October 29, 2026
LATEST

2027 Elections: Action Alliance Urges INEC to Probe, Sack Staff Over Alleged AI-Generated Voter Duplicates

October 29, 2026

Categories

  • BUSINESS
  • ENTERTAINMENT
  • LATEST
  • METRO
  • NEWS
  • POLITICS
  • Uncategorized

Recent Comments

    About Us

    Welcome to DriveTv News, your No.1 news vehicle that drives you around with the latest and most comprehensive news and updates from across Nigeria. Our platform is dedicated to delivering timely, accurate, and unbiased news, covering a wide range of topics, including politics, business, entertainment, sports, technology, and more.

    Newsletter

    • Home
    • About Us
    • Contact Us
    • Privacy Policy

    Copyright © 2023. DriveTv News. All

    No Result
    View All Result
    • METRO
    • LATEST
    • NEWS
    • POLITICS
    • ENTERTAINMENT
    • BUSINESS
    • DRIVETV YORUBA
    • SPORTS

    Copyright © 2023. DriveTv News. All

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In