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Friday, May 17, 2013

Lagos residents spend #1 billion on parties monthly


Owambe loading: Lagos residents spend N1bn monthly on merriment – Gov’t

Party
by Akan Ido
The Lagos State government, yesterday, said that residents spend over a billion naira on merriment and entertainment in the state.
This was disclosed by the Commissioner for Local Government and Chieftaincy Affairs, Ademorin Kuye who made the remarks at the 2013 ministerial Press Briefing held in Alausa, Ikeja, to commemorate the sixth year anniversary of Governor Babatunde Fashola’s administration.
He said the statistics was obtained after a recent research undertaken by the State’s Ministry of Economic Planning and Budgeting, saying “this justified the reason why local Governments demand that anyone organising events in the state must pay the Merriment Tax.”
According to Kuye, “There is merriment tax in that constitution, its part of the rate Local Governments can collect. We have not fully utilised the benefit of the entertainment industry in this state”.
“Over N1billion is spent monthly in Lagos state on entertainment and parties, we have the records to confirm this and this people, how many of them pay tax? The money goes into drinks, wine, food, aso-ebi and all of that and when they spend all of this money; they do not want to pay anything to the government,”reportedly said.

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