Lagosians Spend N36b On Parties,Enjoyment Yearly..Gov Fashola

Governor Babatunde Fashola of Lagos State, weekend, said more than N36 billion was spent annually by Lagos residents in organizing different social events.
This came as the governor said the solution to the unemployment crisis in the country did not require any foreign idea, saying “the answer is a Made in Nigeria strategy.”
The governor spoke at the fourth edition of the Lagos Ignite Enterprise and Employability project, a joint youth empowerment programme between the government and the Afterschool Graduate Development Centre, AGDC.
The event attracted hundreds of youths, ex-Chief Executive Officer of the Nigerian Communications Commission NCC, Dr. Ernest Ndukwe, Ali Baba among other dignitaries.
Fashola explained that the figure was collated after a careful study of social events especially party life in Lagos.
According to him, “this was the study of night life carried out by the government in five local governments including Agege, Mushin, Ifako-Ijaiye and Ikeja and another local government. It showed that more than N36 billion was spent on 1555 parties held within the period.
“We did a study between October and November last year, we took just five local governments in Lagos; Agege, Mushin, Ifako-Ijaiye, Ikeja and another one.
“We studied from Thursday, Friday and Saturday nights, three days every week for four weeks which was 12 nights.
“In 12 nights, 1555 parties were held in these local governments. In terms of drinks, food and all other engagements during such parties, about N1.2 billion was spent and when we dis-aggregated them we saw how much went to DJ, MC, food and drinks, the total picture in the state now and I don’t want to give you a wrong number but it’s something in the region of about N3 billion monthly on that side of our life and people are playing and impacting on that side of our economy.
The governor noted that clothing materials worn during such parties popularly called “Aso-ebi” gulped at least N1.2 billion monthly, saying the market is huge with much yet to be tapped from it.”

CKN NEWS

Chris Kehinde Nwandu is the Editor In Chief of CKNNEWS || He is a Law graduate and an Alumnus of Lagos State University, Lead City University Ibadan and Nigerian Institute Of Journalism || With over 2 decades practice in Journalism, PR and Advertising, he is a member of several Professional bodies within and outside Nigeria || Member: Institute Of Chartered Arbitrators ( UK ) || Member : Institute of Chartered Mediators And Conciliation || Member : Nigerian Institute Of Public Relations || Member : Advertising Practitioners Council of Nigeria || Fellow : Institute of Personality Development And Customer Relationship Management || Member and Chairman Board Of Trustees: Guild Of Professional Bloggers of Nigeria

9 Comments

  1. He should introduce 'Entertainment Tax'

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  2. start with telling ur yoruba brothers and sisters to learn to invest and not owanbe parties every day.

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    Replies
    1. Thanks, tell them the truth. Yorubas are blessed. That's why your people can never do without Lagos. They ask them to stop robbing, kidnapping and illegal businesses around Lagos, but they will not listen.

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  3. Does he want to deport pple for Partying ?

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  4. @23/9/13 9:34,will u shut up dat ur dirty mouth,is it only yorubas dat party? & did dey beg from u 4 u 2 think dey don't invest?

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  5. Yes your estimation is correct, but here is the real brake down: State government N30 billion on parties and masses spent the remaining N6 billion to give us the said N36 billion.

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  6. look at this 'mgbati' ppl o...as if dey don't know hw there ppl get moni to do owanbe parties....make i tell una...for those yoruba ppl dat hav house in lagos, they always go to there most likly igbo tenant 5months b4 d rent expires to beg dem to pay 2years additional that they want to do owanbe in a large way....na only for yoruba land i c say ppl dey collect rent to do party and even borrow moni for party....lmao..

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  7. Dat is rebush n useless,teach ur pple hw 2 invest n not 2 host parties ok

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  8. Nah true talk be that,they can borrow moni jsat to celleberat .

    ReplyDelete
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