Have you ever heard of merriment tax? Lagos State Government says residents of Lagos spend more than N1 billion on merriment and entertainment monthly.
The state Commissioner for Local Government and Chieftaincy Affairs, MrAdemorin Kuye, gave the figure at a news conference organised to mark Gov.Babatunde Fashola`s sixth year in office.
He said the figure was derived from a research recently conducted by the Ministry of Budgeting and Planning, which showed that the residents spent a lot of money on entertainment. Kuye lamented that the benefits of entertainment had not been fully tapped to boost revenue generation in terms of taxes. "There is merriment tax in the constitution, it is part of the rates local governments can collect. We have not fully utilised the benefit of the entertainment industry in this state. "Over N1 billion is spent monthly in Lagos state on entertainment, we have the records to confirm this and these people, how many of them pay tax?
The state Commissioner for Local Government and Chieftaincy Affairs, MrAdemorin Kuye, gave the figure at a news conference organised to mark Gov.Babatunde Fashola`s sixth year in office.
He said the figure was derived from a research recently conducted by the Ministry of Budgeting and Planning, which showed that the residents spent a lot of money on entertainment. Kuye lamented that the benefits of entertainment had not been fully tapped to boost revenue generation in terms of taxes. "There is merriment tax in the constitution, it is part of the rates local governments can collect. We have not fully utilised the benefit of the entertainment industry in this state. "Over N1 billion is spent monthly in Lagos state on entertainment, we have the records to confirm this and these people, how many of them pay tax?
