Entertainers kick as Lagos introduces new tax for songs

Entertainers kick as Lagos introduces new tax for songs

The Performing Musicians Association of Nigeria, the umbrella body of musicians in Nigeria, has rejected the new five per cent tax introduced by the Lagos State Film and Video Censors Board.

A report published by the News Agency of Nigeria quoted the Executive Secretary, Bamidele Balogun, as giving operators a 30-day notice to duly register their contents with the body.

Balogun said, “Practitioners and stakeholders are also informed that henceforth, all audio and visual contents produced and sold within Lagos State shall attract the payment of five per cent levy on each item.

“This exercise will, however, assist the Lagos State Government in policy formulation, with regard to planning and funding for the sector.

“All practitioners and stakeholders in the entertainment sector within the state are advised to comply with this directive and cooperate with the authorised agent of the board.”

The agency also claimed to have come up with the decision after due consultation with PMAN.

However, the President of PMAN, Pretty Okafor, rejected the new directive, adding that entertainers already pay income tax like other Nigerians.

Okafor also said PMAN was not collaborating with the LSFVCB to fleece entertainers of five per cent of their hard-earned money.

The PMAN President said his organisation was not part of the arrangement, adding that they would soon take legal action.

He said, “Who are the people teaming with the film and censor’s board to do that? That is an illegality upon illegality.

“The board was wrong to have met with some people who claimed to be from PMAN. This is a plot to defraud people or impose double taxation.

“So, that will not stand and our lawyers will write them soon. Who did they negotiate with? Definitely not with us because we will never defraud people. Why are they taxing content producers when they are already paying personal income tax and VAT?

“Why are they charging five per cent? Does it even make sense? The agency doesn’t even have the authority to tax anybody. Why would people just gather and decide to perpetrate fraud?”

Idowu Babalola Photo
Idowu Babalola

Socially Not Social. IG & Twitter - @Braggamando

All author posts
Related Posts
EbonyLife CEO Mo Abudu Inks Major Deal With Netflix
EbonyLife CEO Mo Abudu Inks Major Deal With N...

Talented Nigerian producer and CEO of EbonyLife Media, Mo Abudu, recently inked a major deal with Netflix. The prolific...

Tekno Thanks Fans For Support As He Turns A Year Older Today [Video]
Tekno Thanks Fans For Support As He Turns A Y...

Singer Tekno is a year older today and says he is very grateful. The singer posted  video of himself...

Burna Boy’s new album ”Twice as Tall” records 5million streams in one hour
Burna Boy’s new album ''Twice as Tall'' rec...

Burna Boy’s new work, Twice as Tall as become an instant hit as it recorded five million streams within...

Write A Comments