LAGOSIANS SPENDS MORE THAN N36 BILLION ON 'OWAMBE' PARTIES ANNUALLY.

Governor Babatunde Fashola
of Lagos State, weekend, said more
than N36 billion was spent annually
by Lagos residents in organizing
different social events.
This came as the governor said the
solution to the unemployment crisis
in the country did not require any
foreign idea, saying “the answer is a
Made in Nigeria strategy.”
The governor spoke at the fourth
edition of the
Lagos Ignite Enterprise and
Employability project, a joint youth
empowerment programme between
the government and the Afterschool
Graduate Development Centre,
AGDC.
The event attracted hundreds of
youths, ex-Chief Executive Officer of
the Nigerian Communications
Commission NCC, Dr. Ernest Ndukwe,
Ali Baba among other dignitaries.
Fashola explained that the figure
was collated after a careful study of
social events especially party life in
Lagos.
According to him, “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 took just
five local governments in Lagos;
Agege, Mushin, Ifako-Ijaiye, Ikeja and
another one.
“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 noted that clothing
materials worn during such parties
popularly called “Aso-ebi” gulped at
least N1.2 billion monthly, saying
the market is huge with much yet to
be tapped from it.”
Hmmmmn, na wa oooooo.... owambe is a like a national budget on its own... lol...
Feel free to drop your comments below.