LASG DENIES HAVING 5% LEVY ON AUDIO AND VISUAL CONTENTS OF PHYSICAL AND DIGITAL PLATFORMS

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Mr. Babajide Sanwo-Olu

The Lagos State Government has declared that there is no levy on Audio and Visual contents of all Physical and Digital Platforms in the State.

With this, the State government dissociated itself from an announcement said to have been made by the Executive Secretary, Lagos State Film and Video Censors Board, Mr. Bamidele Balogun, in respect of a 5% levy.

In a statement released on Friday, and signed by the Commissioner for Information and Strategy, Mr. Gbenga Omotoso, the government disclosed that the Executive Secretary, who was not authorised to make such an announcement, has been suspended, pending an administrative enquiry.

“The fifth pillar of the T.H.E.M.E.S Agenda, the development policy of this Administration, is Entertainment and Tourism. Practitioners are partners in our effort to ensure that Lagos State remains Africa’s leader in entertainment”, Omotoso noted.

Asserting that the Babajide Sanwo-Olu Administration is not insensitive to the fact that the industry has been badly hit by the effects of the COVID-19 pandemic, Omotoso said the government empathises with this and other sectors of the economy.

He advised stakeholders in the Entertainment Industry to disregard the said publication.

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