Lagos state governor, Babatunde Raji Fashola at the 4th edition of the Lagos Ignite Enterprise and Employability project this weekend revealed that more than N36 billion is spent by Lagosians annually to organise parties and that Aso Ebi alone gulped a minimum of N1.2 billion Monthly
“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.