Lagos state governor, Babatunde Raji Fashola, During last weekend said 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. SEE MORE AFTER CUT>>>>>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.