₦airaland Forum

merits:
Go and ask how Ibrahim Shatta manage to do his own and stop complaining.

Just how a usel**s person reason.
I am sure you have never done any Business because if you do you will understand better.

He should call seyi Tinubu and join city boys movement

Gerrard59:
With your second paragraph, I now understand your point. However, there are industries where 10% interest rates are possible, even from Nigerian banks, let alone foreign banks.

1. This is the first time I am hearing of 10% interest rates in Nigeria. This is awesome. Please do share the industries as I would prefer that to my personal equity investors.

2. The foreign banks are possible but the Nigerian banks would so block you sotay you sef go fear. But then, you are a guru in the field. I doff my hat to you.

Go to iran kunle ..

joromii:
This war affected everyone

the war is now a scapegoat as if diesel was 200 naira per liter before it started

Do you know I wrote about this during the middle of the night today. I will tag you when I eventually post my write up.

donleo92:
Relocate to benin republic

Kobicove:
There are somethings that solar panels can't carry especially if it's installed in a commercial facility

That is where government comes in. That is what government exists for, to aggregate resources.
Solar requires space and it requires capital, two things beyond individuals but not beyond government.

Mr Afolayan's compound may not be sufficiently sized even if he covers its entirety with solar panels. But government can commandeer vast tracks of idle land beyond city limits to instal solar farms. It is also a lot easier for government to obtain the finances, organise the partnerships and create an enterprise out of it.

Lagos state currently takes about 1,200 megawatts off the national grid. Let say you want to inject another 2,000 megawatts to make Mr. Afolayan's life a lot better, existing solar plants in India and China use between 12,000 to 13,000 acres for that. Lagos may not have that land available but Ogun does and can partner to do that.

And by the way, it is reported that a 2,000+ megawatt solar plant costs between 1 and 2 billion dollars. When you consider the amount spent on some of the practically useless white elephant projects littering the country you will understand the disconnect between the people, the economy and governance.

Adeh2009:
Keep standing on his mandate....una never see anything at all

Hahahaha... No be them them ? They go hear am sef, whether rich or poor.

UncleAyo:
Do you know I wrote about this during the middle of the night today. I will tag you when I eventually post my write up.

Okay, will love to read

mannobi:
When all of you are cheering USA, Iran and Israel you didn't know it would get to you indirectly

He said in a period of 6 weeks . He didn't say 2 weeks

cityboylagos:
“I Can’t Cope Anymore” — Kunle Afolayan Reveals Spending ₦11 Million on Diesel in One Month



https://eyesoflagos.com/2026/03/11/i-cant-cope-anymore-kunle-afolayan-reveals-spending-%e2%82%a611-million-on-diesel-in-one-month/

Don't complain to us

Invest in major solar infrastructure for your facility.
Hopefully, it will lower some costs in the long run.
It is well with Nigeria . . .

Beeron:
While Kunle is a good film maker, he seem not to be a strategic business man.

R.I.P to Gazzuzz, As strategic as Gazzuzz was, if Gazzuzz was in his shoes, He would have moved not so heavy duty electric appliances off grid to use solar, then only buy lesser diesel for heavy duty electrical appliances that consume so much power.

He would save cost that way.

the problem is cooling of such spaces, solar is expensive for powering like 80 A.Cs. Hospitality businesses are cyclical

Hmmmnn

Gerrard59:
To add, the diesel he uses is purchased on credit. Yes to your suggestion; get an investor, most likely private equity, or get a loan with a very low interest rate.

Where can one get a loan in Nigeria at very low interest rate?

Please tell me I want to know

Ever8090:
I bought half liter of fuel for my bike yesterday at 850 I want cry...

Omo.. farming in Nigeria is not easy, cost of farming is very high why farm produce is soo cheap that sone famers are quiting because of financial looses..

You're repeating the lies your dumb candidate, Agulu Obi, said about farming last week.

Continue to wail in perpetuity, you go tire.

But it’s a lie sha

georgeakins:
You're repeating the lies your dumb candidate, Agulu Obi, said about farming last week.

Continue to wail in perpetuity, you go tire.

I fought fuel in oil producing state for 1400 a liter last night.

So rest

Let’s call a spade a spade

mannobi:
When all of you are cheering USA, Iran and Israel you didn't know it would get to you indirectly

You know even Iran warned prices would go up last year. It appears Iran are the only realists on earth to have made such a projection a year ago.

Host78:
The whole goal of a Nigerian is to outspend the system.

No Nigerian wants to fix the system. They just want to outspend it.

Once it start hitting them small, that's when they will cry out.

Unfortunately a bad system will get you one way or the other. If not through money, it'll be through emergencies or infrastructure in critical situations.

One way or the other, we die because of the system we have refused to fix

Who are the we that refused to fix it?

MissOpe:
Farm produce is cheap cos people are taking to Subsistence farming , thereby driving low demand of agricultural produce .......

.

Not true.

TheBizGenius:
1. This is the first time I am hearing of 10% interest rates in Nigeria. This is awesome. Please do share the industries as I would prefer that to my personal equity investors.

Commodities trading, aka export of highly demanded products, in the international markets. Consistent sales bring about the 10% interest rate (in USD). These products are internationally priced in USD. Kunle's business, unfortunately, doesn't qualify unless he gets more than 50% of his consumers in the diaspora.

2. The foreign banks are possible but the Nigerian banks would so block you sotay you sef go fear. But then, you are a guru in the field. I doff my hat to you.

Foreign banks wouldn't touch it either because the market is largely Nigerian and it's not a "hot cake product/service".

Gerrard59:
Commodities trading, aka export of highly demanded products, in the international markets. Consistent sales bring about the 10% interest rate (in USD). These products are internationally priced in USD. Kunle's business, unfortunately, doesn't qualify unless he gets more than 50% of his consumers in the diaspora.


Foreign banks wouldn't touch it either because the market is largely Nigerian and it's not a "hot cake product/service".

You raised my hopes and dashed it, all in 2 different posts.

Haba. It's not fair ooo.

Thanks your your contribution.

cityboylagos:
“I Can’t Cope Anymore” — Kunle Afolayan Reveals Spending ₦11 Million on Diesel in One Month



https://eyesoflagos.com/2026/03/11/i-cant-cope-anymore-kunle-afolayan-reveals-spending-%e2%82%a611-million-on-diesel-in-one-month/

The problem is we do follow follow to much. If you have to build anything in Nigeria you have to build knowing electricity is going to be a huge problem. In building a structure make sure Windows are very big in doing so sunlight will travel well in the building and ventilation also.
One of the greatest works of Architecture is the Aro Hospital in Abeokuta built by Colonials to treat mental illness among their own people. The windows are very plenty and wide meaning you don't need electricity for lights from 7.00 am - 6.00pm.
If you have been to Luth Hospital Idiaraba , the windows are so huge you don't need electricity for fans and lights from around 7.00 am . 6.00 pm also

We need to stop building like Europeans and start building our buildings like Africans because light is an issue.

He should close KAP for the meantime then carry placard and go stand Infront of national assembly for now.

brain54:
Despite installing solar panels...


Bros check your workers!

even without solar panel,which industry is he running thy he will use 11m in one month,when did diesel even become 1500 cos even the war in Middle East is not up to 15days…so chatta village will be using up to 50m to buy diesel in one month then

Relocate to Abia State, where we have geometric power supply

KobolanderSegun:
The problem is we do follow follow to much. If you have to build anything in Nigeria you have to build knowing electricity is going to be a huge problem. In building a structure make sure Windows are very big in doing so sunlight will travel well in the building and ventilation also.
One of the greatest works of Architecture is the Aro Hospital in Abeokuta built by Colonials to treat mental illness among their own people. The windows are very plenty and wide meaning you don't need electricity for lights from 7.00 am - 6.00pm.
If you have been to Luth Hospital Idiaraba , the windows are so huge you don't need electricity for fans and lights from around 7.00 am . 6.00 pm also

We need to stop building like Europeans and start building our buildings like Africans because light is an issue.

Ohhhh. I am so in love with you and your comment.

Everyone knows there is no light and Kunle Afolayan went to build a light guzzling film village.

Like you no get business plan before you start? Or were you promised by God Himself that you would be getting free diesel to power it?

Ecclesiastes 10:10 (KJV)
“If the iron be blunt, and he do not whet the edge, then must he put to more strength: but wisdom is profitable to direct.”

now did china inustrialize solar panel production before they have 24/7 power supply? how many chinese are fixing solar panels instead of getting it from the grid? are they manufacturing solar panels because they lack electricity and for local consumption or for export?

our problem is really not the government. even if we change the government and hand it over to you, you wlll fail the country woefully

Reference:
The price of electricity will go down if the government will industrialize the production of solar systems. It is already happening in China.

Reports had it early this year that some plants are already closing due to an oversupply of solar panels which is distorting the market there.

Why can't the government bring those closing plants to produce here in Nigeria. Establish those plants here and buy off their products to build industrial solar parks everywhere, parks that can then be sold off to local investors to operate. If each state can have 100Mw we can easily double our present production, decentralize generation from the south to strengthen the grid and deepen the energy mix from an increasingly unreliable and costly gas infrastructure.

us who are nigerians

Brendaniel:
Who are the we that refused to fix it?