Running on Empty: MSMEs run on fumes as power cuts cripple operations

In 2019, Ola Drinks opened its doors to residents of Ketu and since then it has become a popular meeting place for locals in the community.

But less than a year after the country’s worst cost-of-doing-business crisis that forced many small businesses to close shop, Toyin Oladimeji, chief executive officer of Ola Drinks, whose business employs seven people, says her business is facing another existential crisis.

“The light situation has worsened in our area and I run on generator for my business,” she notes, saying that the situation is hu

In 2019, Ola Drinks opened its doors to residents of Ketu and since then it has become a popular meeting place for locals in the community.

But less than a year after the country’s worst cost-of-doing-business crisis that forced many small businesses to close shop, Toyin Oladimeji, chief executive officer of Ola Drinks, whose business employs seven people, says her business is facing another existential crisis.

“The light situation has worsened in our area and I run on generator for my business,” she notes, saying that the situation is hu