Skip to content
October 25, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • Media Tax: LASG refutes report of 5% levy, suspends ES LAFVCB over announcement
  • National News

Media Tax: LASG refutes report of 5% levy, suspends ES LAFVCB over announcement

Admin September 5, 2020
2023 election

Gov. Babajide Sanwo-Olu

The Lagos State Government on Friday said it has no five percent levy on audio and visual contents of physical and digital platforms.

The State government however suspended the Executive Secretary of the Lagos State Film and Video Censors Board, Bamidele Balogun who is said to have made the announcement.

In a series of tweets by the Commissioner, Information and Strategy, Lagos State, Gbenga Omotoso such a levy was not approved by the state government.

A letter from the film board addressed to IROKO TV’s 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.

The letter, signed by Balogun, was dated August 31.

According to the statement, “The Executive Secretary, Lagos State Film and Video Censors Board, Mr. Bamidele Balogun, is said to have announced a 5% levy.  The Government hereby dissociates itself from the said announcement in the media”.

“There is no levy on Audio and Visual contents of all Physical and Digital Platforms in Lagos State,” Omotoso said.

“The Executive Secretary, who was not authorised to make such an announcement, has been suspended, pending an administrative inquiry”.

“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”.

“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 inquiry.”

Omotoso 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, while and empathising with this and other sectors of the economy

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

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Bamidele Balogun Gbenga Omotoso Jason Njoku

Post navigation

Previous Unlatched containers: Lagos FRSC makes 368 arrests in 2 weeks
Next Rejected by a private hospital, ex-Eagle, Babalade, died at UCH gate – Shorunmu

Related Stories

Troops Rescue Over 70 Hostages, Recover ₦10M Ransom, Arrest Key Terrorists Nationwide
  • National News

Troops Rescue Over 70 Hostages, Recover ₦10M Ransom, Arrest Key Terrorists Nationwide

October 24, 2026
How Swiss woman brought Ebola to Nigeria, itinerary suggests WHO was wrong
  • National News

How Swiss woman brought Ebola to Nigeria, itinerary suggests WHO was wrong

October 24, 2026
Nigerian Navy Uncovers 132,000 Litres of Suspected Stolen Crude Oil in Rivers Naval rating arrested
  • National News

Nigerian Navy Uncovers 132,000 Litres of Suspected Stolen Crude Oil in Rivers

October 23, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

David Umahi: The Deliberate Fratricide, By Valentine Obienyem Dave Umahi
  • Commentaries

David Umahi: The Deliberate Fratricide, By Valentine Obienyem

October 25, 2026
Uduaghan: Statesman, hero, patriot; adieu,  by Ken Ugbechie
  • Commentaries

Uduaghan: Statesman, hero, patriot; adieu,  by Ken Ugbechie

October 25, 2026
Tinubu hits back at opposition: You created the hunger, poverty we are trying to fix
  • Politics

Tinubu hits back at opposition: You created the hunger, poverty we are trying to fix

October 25, 2026
Troops Rescue Over 70 Hostages, Recover ₦10M Ransom, Arrest Key Terrorists Nationwide
  • National News

Troops Rescue Over 70 Hostages, Recover ₦10M Ransom, Arrest Key Terrorists Nationwide

October 24, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.