Lagos Residents Spend N1b Monthly For Merriment And Entertainment – Report

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Bankyw_lagosparty

You know what they say, ain’t no party like a Lagos party. And they are really spending the dough, to the tune of N1billion every month, according to the Lagos State government.

Commissioner for Local Government and Chieftaincy Affairs, Mr. Ademorin Kuye said made this known yesterday. He said:

“Over N1billion is spent monthly in Lagos state on entertainment and parties, we have the records to confirm this and these 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”

“This justified the reason why local Governments demand that anyone organising events in the state must pay the Merriment Tax.”

 “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”.

So basically, the state government is considering the introduction of merriment/party tax? How is that even going to work? Please share your thoughts on this…

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