This decision follows widespread concerns and outcry from residents who expressed dissatisfaction with the new levy, according to a statement on Friday.
The agreement was announced by the German producers’ alliance, the services union Verdi, and the actors’ union BFFS on Monday.
Mr Fayose’s statement comes in the wake of naira free fall against the dollar.
Mr Nguema was named transition leader by Gabon Junta shortly after Mr Bongo’s government was toppled on Wednesday.
Somalia’s government-led forces have captured an al Shabaab stronghold on the Indian Ocean coast.
Charlyboy made his Nollywood debut in the acclaimed Netflix original series, ‘King of Boys: the Return of the king’.
