BBNaija Star Khloe Raises Alarm Over Rising Cost Of Running Businesses In Nigeria

Former Big Brother Naija housemate and entrepreneur, Khloe Abiri, popularly known as KokobyKhloe, has expressed concern over the rising cost of running businesses in Nigeria, lamenting the financial pressure facing business owners across the country.

Khloe raised the concern in a post shared on her Instagram page, questioning whether the Federal Government is aware of the difficulties entrepreneurs face due to poor electricity supply and the increasing cost of petrol.

According to her, many business owners now spend a significant portion of their earnings purchasing fuel to power their businesses because of the unreliable public electricity supply.

She described the situation as increasingly unbearable, noting that the high cost of daily operations has made it difficult for employers to improve their workers’ salaries despite their desire to do so.

Khloe explained that much of the money businesses generate is consumed by operational expenses, leaving little or nothing for salary increases and other financial commitments.

Her comments have drawn attention to the challenges confronting Nigerian entrepreneurs, particularly the impact of rising energy costs and inadequate electricity supply on business growth, profitability and workers’ welfare.