Lagos Generates Over ₦100 Billion During ‘Detty December’ Festivities

January 14, 2025

2 minutes read

Detty December

The vibrant “Detty December” celebrations in Lagos have significantly boosted the city’s economy, with hotels, clubs, and other entertainment venues generating over ₦100 billion, according to a recent report. The annual December festivities, renowned for their lively concerts, luxurious parties, and cultural events, attract both locals and visitors, making Lagos a top destination for year-end celebrations in Africa.

The report highlights the remarkable economic impact of the season, with hospitality and nightlife sectors reaping the most benefits. Luxury hotels and short-let apartments reported nearly full occupancy, while clubs and restaurants recorded unprecedented patronage. Tourists from across Nigeria, the diaspora, and even neighboring countries like Ghana flocked to Lagos to experience its vibrant offerings.

Speaking on the festivities, Babatunde Fashola, former Minister of Works and Housing, emphasized the need for Nigeria to capitalize on Detty December’s popularity to drive sustainable economic growth. He suggested leveraging the period to showcase Nigeria’s rich cultural heritage, attract international investors, and create jobs.

However, the success of the season has also sparked debates about the financial contributions of returning diaspora Nigerians. A notable socialite recently proposed a ₦500 tax on each diaspora returnee during the festive season, arguing that their spending power significantly impacts local economies and should be channeled into infrastructure development. This suggestion has been met with mixed reactions, as critics argue that imposing such a tax might deter tourism and contradict the essence of fostering inclusivity.

Additionally, global media outlets, including CNN, have spotlighted Lagos as a leading hub for Afrocentric holiday experiences. From Afrobeat concerts to art exhibitions, Lagos has firmly established itself as a cultural powerhouse. Despite the overwhelming success, challenges such as traffic congestion, security concerns, and crowd control during major events were notable.

Industry stakeholders have called on the government to enhance infrastructure and logistics planning to accommodate the growing influx of visitors during December. The Lagos State Government is urged to explore partnerships with private entities to elevate the festive experience further.

As Lagos continues to grow as a global cultural hotspot, experts stress the importance of harnessing the potential of Detty December to boost tourism, create jobs, and generate revenue, positioning the city as Africa’s ultimate festive destination.

Share:
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Related Links

Meeting

Russia-Ukraine Peace Talks Resume in Istanbul Amid Ceasefire

Russian and Ukrainian negotiators met in Istanbul on Friday, May 16, 2025, for the first ...

Emmanuel Kunde

Emmanuel Kunde, Cameroon Football Legend Dies

African football mourns the loss of Emmanuel Kunde, one of Cameroon’s most iconic defenders, who ...

UK Extends Migrant Settlement Period to 10 Years

The British government, led by Prime Minister Keir Starmer, has unveiled a sweeping immigration reform, ...

Pipeline

Nigeria’s Trans Niger Pipeline Spill

A major oil spill from the Trans Niger Pipeline (TNP) has flooded the B-Dere community ...

Features

What Really Moves Bitcoin’s Price? A Comprehensive Guide to the Key Drivers of Volatility and Value

What Really Moves Bitcoin’s Price? A Comprehensive Guide to the Key Drivers of Volatility and Value

​Bitcoin, the pioneering cryptocurrency, has captivated the financial world with its innovative technology and notable ...

Guinea Sets September 2025 Date for Constitutional Referendum as Military Inches Toward Democratic Transition

Guinea Sets September 2025 Date for Constitutional Referendum as Military Inches Toward Democratic Transition

Guinea’s military-led government has officially announced that a national referendum on a new constitution will ...

Ivory Coast economic growth

Côte d’Ivoire’s Economic Boom Faces Political Test in 2025 Election

Ivory Coast’s Economic Success: A Model for West Africa Côte d’Ivoire has emerged as one ...

Phillis Wheatley

Phillis Wheatley: The Trailblazing African American Poet Who Defied Oppression

Phillis Wheatley: A Pioneer in Black Literature and Poetry Phillis Wheatley was a groundbreaking poet ...

Women Participation in Politics

International Women’s Day 2025: Advancing Rights, Equality, and Leadership for African Women

The 2025 International Women’s Day (IWD) theme, “For ALL Women and Girls: Rights. Equality. Empowerment,” ...

Bromate

Bromate Use in Bread: The Hidden Health Risks

Potassium bromate, a banned additive in bread production, poses serious health risks, including cancer. Learn ...
Wema Bank

Wema Bank targets fraudulent activities as it suspends seven fintech partners

Tackling Fraud in Nigeria’s Fintech Sector: Wema Bank’s Bold Steps Nigeria’s financial technology (fintech) sector ...

The Rise of West African Startups: A Tech Revolution

The rise of West African startups is transforming the region’s tech ecosystem, with fintech and ...

Latest News

Today in History

May 17th is the day in 1914 that the Protocol of Corfu is signed recognising full autonomy to Northern Epirus under nominal Albanian sovereignty.

Exchange Rate Per Dollar

AM Armenian Dram386.33
GH Ghana Cedi12.35
GM Gambian Dalasi72.5
GN Guinea Franc8,655
NG Nigerian Naira₦1,602.34
CF CFA Franc BEAC587.6662
17 May · CurrencyRate · USD
CurrencyRate.Today
Check: 17 May 2025 13:05 UTC
Latest change: 17 May 2025 13:00 UTC
API: CurrencyRate
Disclaimers. This plugin or website cannot guarantee the accuracy of the exchange rates displayed. You should confirm current rates before making any transactions that could be affected by changes in the exchange rates.
You can install this WP plugin on your website from the WordPress official website: Exchange Rates🚀

YOUR THOUGHTS

Let us know what you think

Contact the People’s Paper with feedback on stories and how we could make wapress.africa even better!

newsletter image

Stay up to date with the latest from West Africa Press

Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on WApress.

Subscribe Newsletter!

Be the first to receive our latest contents and more...

Need help?