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Tuesday 24 September 2013

Lagosians Spend N36billion Annually On Parties, Says Governor Fashola


Lagos state governor, Babatunde Raji Fashola, has revealed that more than N36 billion is spent by Lagosians annually on parties....
Here is what he said this weekend at a joint youth empowerment programme between the government and the Afterschool Graduate Development Centre.

Governor Fashola said: 


“This was the study of nightlife 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.

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