Lagosians spend N36bn on ‘Owambe’ parties annually-Fashola

Governor Fashola stated at a recent event that Lagosians spend 36 billion naira annually on Owambe(Parties) and 1.2billion naira on Aso-ebi(matching outfits)
According to him,

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 said 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.”