Our flash note on the 19 of August 2020 (click here), stated that the Lagos State Film and Video Censors Board (the “Board”) had issued a notice stating that all audio and visual contents produced and sold within Lagos State will attract the payment of a 5% levy on each item.
Further to the notice, the Board began the implementation of the levy on 31 August 2020. However, the Lagos State Government, on 5 September 2020, disassociated itself from the imposition of this levy and informed stakeholders to disregard the same as that the imposition of the levy was unauthorised. The State Government assured stakeholders of its commitment to ensure that Lagos State remains Africa’s leader in entertainment.
It is important to note that the levy had already generated concerns from content producers and persons in the entertainment industry.
For more information, click here.