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According to the Nigerian government, during the Christmas period, Lagos (the capital of Nigeria) economy has achieved a substantial increase of N50 billion in entertainment, hotels and creative industries.
The Lagos State Government on Saturday said the state's economy received a major boost of N50 billion in cash transactions in the entertainment, hospitality and creative sectors in four weeks of the Yuletide.
The Commissioner for Tourism, Arts and Culture, Mr Steve Ayorinde, in a statement said that the trends and reports were monitored in December, within the entertainment and tourism sector in the state.
Ayorinde said various reports, statistics and analyses monitored across immigration office, banks, aviation, hospitality and leisure parks; food, beverage and distribution businesses as well as event venues, among others, captured an estimated direct spendings of over N50 billion.
"Also huge influx of people from neighboring states, neighboring countries and holiday makers from abroad who either chose Lagos as their primary destination or transit to other parts of Nigeria last December," he said.He said reports monitoring the prevailing December trends showed an unprecedented footfall influx of more than three million people entering Lagos in December alone.
Ayorinde said this was with a multi-billion naira spendings in tow in
hotel lodgings, local in-bound flights and taxi/chartered transportation, alcohol and beverage consumption; culinary business; visits to resorts, parks, clubs and lounges, live theatre and cinemas, among others.
"Like in 2017, last December in Lagos was hugely creative economy- friendly, which again affirms the state’s preeminence not just as West Africa’s commercial hub but also its entertainment nerve-centre," Ayorinde said.
