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Lagos Begins Collection Of 5% Levy On Audio And Video Contents, Issues Iroko TV Notice To Pay

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The Lagos State government has issued a seven-day ultimatum to Iroko TV to a 5% levy on all contents produced in the state.

This is contained in a letter sighted by TheNigeriaLawyer (TNL) bearing the signature of the Executive Secretary of Lagos State Film and Video Censors Board, Bamidele Balogun, dated August 31 addressed to the Managing Director of Iroko TV,

the government said “we are hereby requesting payment of the 5% levy on all audio and visual contents produced, sold, distributed, marketed, exhibited, streamed, downloaded and shared across all physical and digital platform situate lying and being within Lagos State.”

It added that by this letter, Iroko TV has “been served notice as a necessary procedure and you are obliged to comply within seven days from the due of receipt of this notification.”

The authorities also attached a Direct Debit Mandate Form to the notice, while mandating the company to fill the attached form.

TNL recalls that outrage followed the announcement by the Lagos State government that it will start charging a 5% levy on all contents produced in the state.

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