Monday 23 September 2013

Lagosians spend N36billion annually on parties - Governor Fashola(And we say there is no money)

Lagos state governor, Babatunde Raji
Fashola, this weekend revealed that more
than N36 billion is spent by Lagosians
annually to organise parties. The
governor said this at the 4th edition of
the Lagos Ignite Enterprise and
Employability project, a joint youth
empowerment programme between the
government and the Afterschool Graduate
Development Centre, AGDC.
Governor Fashola said:
“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 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 further stated that Aso Ebi
alone gulped a minimum of N1.2billion
monthly.

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