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Unprecedented! Lagos Economy Earns Over N50billion From Entertainment & Tourism During Yuletide

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For the second year in a row, the Lagos State economy received a major, unprecedented boost in the entertainment, hospitality and creative sectors in four weeks of the yuletide season.

Trends and reports monitored by the Lagos State Government over the four weeks in December, especially during Christmas and New Year festivities, captured an estimated spending well above N50bn in cash transactions, a record slightly higher than December 2017 which also recorded a good run in travel, entertainment and leisure-related spendings.
The monitored reports attributed the positive trend to the peak in entertainment activities; 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.

In a press statement released over the weekend by the State’s Commissioner for Tourism, Arts and Culture, Mr. Steve Ayorinde, 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, shopping malls and cinema box offuce earnings captured an estimated direct spendings of over N50bn within the entertainment and tourism sector in Lagos State alone.
Ayorinde said reports monitoring the prevailing December trends showed an unprecedented footfall influx of more than three million people entering Lagos in December alone 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; concerts and clubs as well as ancillary businesses like fashion and clothing, kiddies’ games and toys, and private security guards, which are all now part of the tourism and entertainment ecosystem.
“Like in 2017, last December in Lagos was hugely creatuve 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, adding that the beauty of this assertion is that the surge in the creative enterprise over the yuletide period was felt by all and sundry; was statistically measurable and is now a subject of discussion among analysis. The Commissioner said there was a slight correlation between the horrific gridlock in some parts of Lagos during the yuletide season and the huge trading by residents and visitors leading to seasonal job provision and economic gains.
According to him, the high volume of economic activity that were directly related to tourism-related visits, entertainment and leisure accounted for a significant chunk of the total value of transactions in this state of 21million residents whose estimated GDP of $136bn in 2018 is regarded as the fifth largest in Africa, after Nigeria, South Africa, Egypt and Algeria.
The statement attributed the state’s continued high performance in the creative economy to Governor Akinwunmi Ambode’s deliberate interest in and commitment to the development of infrastructure, security and ideas that impact positively on tourism, entertainment and shopping. He cited the state’s “innovative Calendar of Arts and Culture events which was released in January 2018 specifically to assist both local and foreign visitors in planning their visit to and around Lagos with a detailed guide of festivals and art events available in each month.”
Ayorinde said: “December has always recorded the busiest footfall in Lagos from figure obtained from immigration and aviation authorities. Aside the One Lagos Fiesta which drew an two million visitors cumulatively across its five venues over eight days from December 24 yo 31st, other big concerts like those by Davido, Burma Boy, Adekunle Gold, Rhythm Unplugged and Sound City Awards also attracted large crowd into Lagos and of course huge spending. Hotels were filled to capacity in most parts of the state and we are aware that Lagos and Calabar benefited from additional scheduled flights due to the huge attractions of Calabar Carnival, OLF and the A-list Concerts in Lagos.” He added that virtually all the entertainment sub-sectors recirded huge spendings in billions over tge yuletide period with 15 top foreign and local box office hit films released across the state hitting a record N3bn revenue in December alone; while parks, beaches and other resorts also recorded remarkable, sometimes unprecedented patronage from reports made available to the state government.
The statement added tgat the December 2018 high creative economy spending in the state corroborates the two key important global tourism industry indicators that were favourable to Lagos in 2018.
First was the British report in Daily Mail of London in April 2018 listing Lagos alongside Nairobi, Kenya as the top non-European destinations among British travelers planning for summer holiday. The second was the Mastercard Global Travel Index released in October 2018 ranking Lagos as the most visited city in sub-Saharan Africa in 2018.
The commissioner said these remarkable global recognition and last December’s good business outlook in the creative sphere were in tandem with the vision of Governor Ambode to make Lagos the creative hub in Africa and “to assure corporate institutions and investors that the state security and social infrastructure can support the ever growing entertainmdnt and creative landscape in Lagos.
“The night economy has fully returned and every part of the state duly felt the impact of a vibrant tourism, art and entertainment eco-system In December.”

 

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Tambuwal, Abaribe Joined Me to Oppose Tinubu’s Emergency Declaration – Dickson

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By Eric Elezuo

The senator representing Bayelsa West Senatorial District, Seriake Dickson, has named Senators Aminu Tambuwal and Enyinnaya Abaribe among a few others, who stood with him to oppose the unconstitutionality of the suspension of the Rivers State Governor, Siminalayi Fubara, his deputy, Ngozi Odu, and the members of the House of Assembly.

The senator, in a statement, also revealed the reasons he walked out of the red chamber on Thursday following a heated argument regarding the approval of the State of Emergency in Rivers State.

In the statement, Dickson, who already told as many that cares to listen before the sitting that he will never support the emergency rule on the floor of the senate, met a brick wall in the visibly angry senate president, Godswill Akpabio, who he claimed tried to deny him his freedom to express himself, resulting in the heated argument that ensued.

The senator noted that when it was obvious that the red chamber was bent on validating the President’s emergency rule, he staged a walkout from the senate, saying he wouldn’t want to be present when the report of what he opposed is read.

Dickson’s detailed analysis of what transpired is presented below:

SENATOR SERIAKE DICKSON GIVES DETAILED UPDATE ON WHAT TRANSPIRED TODAY

Today at the sitting of the Senate, the issue of the President’s proclamation of a state of emergency in Rivers State came up for discussion and as I have stated repeatedly, I raised my objections in the closed session on how the declaration fell short of constitutional prescription, based on my view as a Democrat, sworn to uphold the Nigerian constitution.

The Senate did not undertake the debate in an open session however, it was quite robust. I want to thank Sen. Aminu Waziri Tambuwal for his strong support of the unconstitutionality of the declaration, especially the aspect that deals with the suspension of the elected officials of the Rivers State government.

At the end of the day, majority of the senators supported the proclamation as no room was given for an open debate at plenary. I left the plenary before the Senate President was directed to report the outcome because I didn’t want to be present while what I opposed is being reported. I believe Senator Tambuwal, Senator Abaribe and others equally left too.

I want to make it clear that as I stated repeatedly, I spoke and voted against the proclamation in our closed session, supported by Senator Aminu Tambuwal and a few other senators who were not recognized to speak.

And so I want to thank all the senators who shared the view that I vigorously canvassed.

I am however aware of the efforts made to modify the declaration as a result of the concerns and views we have expressed and canvassed the past few days. Though I acknowledge the effort being made by the leadership and President to moderate the terms of the declaration and to create a mechanism for oversight, theoretically this does not counter the primary issue of constitutionality.

The beauty of democracy is such that the minority will have their say while the majority their way. I would have wished for a more robust and open debate so that all views and opinions can be openly canvassed as I requested even at the closed session specifically and thereafter, the majority can have their way but as it is, both chambers have decided and the ball is now on the court of the other arms of government, especially the judiciary, in the event of any challenge.

My attention has also been drawn to a viral video showing parts of the unfortunate exchanges between the Senate President and I before we desolved to the closed session.

As I said on the floor, the Senate President was very unfair to me by trying to censor my freedom of expression and by deliberately misrepresenting the import of what I said in the broadcast yesterday which was the same thing I said on the floor today. It is my opposition in principle to the declaration of a state of emergency, as well as the suspension of elected officials.

I thank all those who have called to commend my composure under unnecessary and unexpected attempt at intimidation. Everyone, including the Senate President, knows I have long gone beyond that stage in my life.

The Senate as I said is a meeting of equals and everyone should be respected just as we accord respect to the Chair. No senator needs the permission of the senate president to express an opinion in an interview on a topical matter of national interest that is in the public domain.

I intend to meet the Senate President to formally express my displeasure, to prevent a reoccurrence.

I thank my constituents, Nigerians and all people of goodwill who have called to express solidarity and urge them not to be dismayed at the direction our democracy appears to have taken.

For someone like me who has been in trenches over the years, all these challenges are actually a call to duty and I therefore implore all people of goodwill to come together and ensure that participatory democracy is promoted in our country.

Our thoughts and prayers are with the people of Rivers State.”

President Bola Tinubu, on Tuesday, declared a state of emergency in Rivers, sacking all elected officers, and appointing a Sole Administrator, in the person retired former Chief of Naval Staff, Vice Admiral Ibok-Ete Ibas, for an initial period of six months.

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For Condemning Tinubu’s Emergency Rule in Rivers, Presidency Dismisses Atiku, Peter Obi, Amaechi, Others As Disgruntled Politicians

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The Presidency, on Thursday, described former Vice President Atiku Abubakar, former Anambra State governor and 2023 presidential candidate of the Labour Party, Mr. Peter Obi, the former Kaduna State governor, Mallam Nasir El-Rufai and the former governor of Rivers State, Chibuike Amaechi as disgruntled politicians that don’t have the interest of the masses at heart.

Reacting to the recent regrouping of some politicians including the former governor of Ekiti State, Kayode Fayemi, who reportedly formed a coalition against President Bola Tinubu in 2027, the Presidency described them as “a frustrated lot”.”

Special Adviser to the President on Information and Strategy, Bayo Onanuga, said President Tinubu is focused on governance to build a prosperous country.

According to him: “He (Tinubu) is on the way to achieving this. Two months to his midterm, he has many solid achievements to showcase. Intractable problems are being tackled headlong.

“He cannot be distracted by the so-called coalition of politicians. They are not politicians after the public Good. It’s all about their self-interest.

“They are disgruntled. They are a frustrated lot. The leaders are sore losers. The coalition is an amalgam of Tinubu haters. Their agenda is to stop Tinubu.”

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Senate Approves Tinubu’s Emergency Rule in Rivers, Sack of Governor, Elected Officers

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Like the House of Representatives, the Senate has approved President Bola Tinubu’s proclamation of a state of emergency in Rivers State, invoking its constitutional powers under the amended 1999 Constitution.

The approval grants President Tinubu the authority to enforce emergency measures while mandating a review of the situation at any time, but no later than six months.

Per the Constitution, the National Assembly has also imposed a joint committee of both chambers to oversee the administration of affairs in Rivers State during the emergency period.

Additionally, the Senate has resolved to establish a mediation committee consisting of eminent Nigerians to help resolve the state’s political crisis.

Just like the Senate, the House of Representatives had earlier approved Tinubu’s declaration of a state of emergency in Rivers.

In a voice vote, the lawmakers backed Tinubu’s decision, two days after President Tinubu made the move.

Two hundred and forty House of Representative members attended the preliminary which was presided over by Speaker Tajudeen Abbas.

While deliberating on the decision, the House made some amendments including that a committee of eminent Nigerians will set up to mediate on the matter.

They also noted that the National Assembly is empowered to make law for a state where its house of assembly is unable to perform its functions as against the Federal Government’s plan for the Federal Executive Council to take up that duty.

President Bola Tinubu during the swearing-in of Vice Admiral Ibokette Ibas (rtd) as sole administrator for Rivers State in Abuja on March 19, 2025

On Tuesday, President Tinubu wielded the big hammer in Rivers State, declaring a state of emergency in the state. He also suspended Governor Siminalayi Fubara; his deputy, Ngozi Odu, and members of the Rivers State House of Assembly for six months and appointed a sole administrator to take charge of the state in a move that has triggered a wave of criticisms.

Legal experts, governors, and prominent Nigerians like Atiku Abubakar, Peter Obi to name a few have condemned the proclamation, demanding a reversal.

However, the Federal Government has doubled down on Tinubu’s decision and argued that it was needed to bring peace to the oil-rich state.

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