Saturday 18 May 2013

Lagosians spend N1b Monthly On Merriment & Entertainment


According to a report, residents of Lagos State spend over a Naira on parties and entertainment every month. Commissioner for Local Government and Chieftaincy Affairs, Mr. Ademorin Kuye, said this at the briefing of the ministry in Alausa, Ikeja; While responding to a question on the validity of Merriment Tax being collected by local governments in the state, said the figure was a product of a recent research conducted by the state’s Ministry of Economic Planning and Budgeting.
 “There is merriment tax in the constitution; it’s part of the rate local governments can collect. We have not utilized the benefit of the entertainment industry in this state.
 “Over N1bn is spent monthly in Lagos State on entertainment. We have the records to confirm this and these people, how many of them pay taxes? The money goes into drinks, wine, food and aso-ebi and nobody wants 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.”
Hmm, Just remember that when planning your next big party, remember to factor in "merriment tax" in your budget... the state government is considering the introduction of merriment/party tax? …  Lol. Eko o ni baje oooo!

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