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Lagos Denies Authorizing 5% Levy On Audio And Visual Contents

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Governor Babajide Sanwo Olu OnoBello

The Lagos State Government has distanced itself from the five percent levy imposed on audio and visual contents of physical and digital platforms by the Lagos State Film and Video Censors Board.

A letter from the film board addressed to IROKO TV CEO Jason Njoku, and seeking the payment of five percent levy “on all audio and visual content on all physical and digital platforms” had been circulating on social media this week.

However on Friday, in a series of tweets by Spokesman to the Lagos State Governor, Gboyega Akosile, such a levy was not approved by the state government.

While disclosing the news he also noted that Executive Secretary of the film board, Bamidele Balogun has been suspended. “There is no levy on Audio and Visual contents of all Physical and Digital Platforms in Lagos State,” he said.

“The Government hereby dissociates itself from the said announcement in the media. The Executive Secretary, who was not authorised to make such an announcement, has been suspended, pending an administrative enquiry.”

Akosile noted that the administration was not insensitive to the fact that the entertainment and tourism industry had been badly affected by the coronavirus pandemic and would not seek to inflict more pain with taxes.

“All stakeholders in the Entertainment Industry are advised to disregard the said publication,” Akosile said.

 

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Akinola
Akinola
Akinola Olusegun is a blogger and publisher of this blog, money247.com.ng. You can also check out his other blogs : segtv.com.ng (videos & news), letgoonline.com.ng (e-commerce), letgoonline.com.ng/blog (news) among others. Follow him via any or all of his social media pages to get fresh posts update.
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