Sanwo-Olu suspends director for imposing 5% levy on Netflix, others

Governor of Lagos State, Babajide Sanwo-Olu has suspended the Executive Secretary of the Lagos State Film and Video Censors Board, Bamidele Balogun, for imposing a 5% tax on digital platforms such as Iroko TV, Netflix operating in the country.

Sanwo-Olu suspends director for imposing 5% levy on Netflix, others

In a statement shared on Twitter, Gbenga Omotoso, the state’s commissioner for information and strategy, said there is no levy on audio and visual contents of all physical and digital platforms.

“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.

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

“The Governor 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 and empathises with this and other sectors of the economy.”

Some content producers had earlier raised an alarm about an impending levy and received a court injunction from the federal high court.

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