Loatsad Promomedia has issued a statement clearing up rumours that it played a role in the attack on #EndSARS protesters at Lekki Tollgate on Tuesday evening.
The media company owned by Seyi Tinubu, son of Popular Lagos politician/APC national leader, Bola Ahmed Tinubu, disclosed that they shut down their billboard at the Lekki Toll gate based on an order by the state governor, Baba-jide Sanwoolu.
The statement read in full:
“When we started in 2014, we had a plan to change the perception of African start-ups in the global space. We believed as Africans, we could create something great and we set out with a N4m loan from a bank and we started trading, going from door to door begging for work and relentlessly grew the business employing and empowering over 200 Nigerians today directly or indirectly. We have supported many upcoming businesses, artists, people in need as giving back to our community has always been our passion (all this can be verified).”
“All of our achievements thus far have come the from hard work, sweat and determination of our work force and everything Loatsad has been doing has been open, all taxes are remitted and payments to agencies and regulatory bodies have been timely, so we can be proud to say we are contributing the growth of the industry and Nation.”