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I may never be able to payback my bank loans says Kunle Afolayan

28 October 2016, 16:00

Lagos - Popular filmmaker Kunle Afolayan revealed that he may never be able to pay back the loan he collected to shoot ‘The CEO’, reports Naij

He said that after spending  several millions to make the film and taking  a loan from Bank of Industry(BOI), the film has not been able to recoup the money spent.

“It costs a fortune; we are talking hundreds of millions of naira. We haven’t recouped the money and am not sure I will recoup that money ‘cos now the economy is bad and I have said this several times and there is really no point saying it again; but part of the funding for CEO, we got from Bank OF Industry (BOI) and that money needs to be paid back, I think I even have about maybe eight months left to pay back and it’s a bit scary, because I don’t know how I am going to pay it. 

Also read:Is Kunle Afolayan the best film maker in Africa?

“But I want to believe that somehow, it will get paid.”

Read more at Naij

 https://www.naij.com/1025225-kunle-afolayan-talked-much-owes-depressing.html

- News24

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