The advert company is owned by Seyi Tinubu, one of the sons of All Progressives Congress chieftain, Bola Tinubu.
Nigerians had been outraged over the decision to turn off the billboard, which they claimed was part of the plot to attack protesters at the Lekki toll gate.
Eyewitnesses also claimed soldiers opened fire on #EndSARS protesters after the billboard was turned off on Tuesday evening.
But Loatsad Promomedia, in a statement on its Instagram handle, said it had no ulterior motive for the action.
The company said, “When the ‘EndSars and
‘say no to police brutality’ protests started from day one, we wholly supported the movement and used all our platforms to promote the messages (I believe the promoters can verify this information) as we believed in the cause.
https://twitter.com/theisaacola?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1319024740825268224%7Ctwgr%5Eshare_3%2Ccontainerclick_0&ref_url=https%3A%2F%2Ftopnaija.ng%2Flekki-shootings-seyi-tinubus-firm-explains-reason-for-switching-off-billboard%2F
The company said it believed in the #EndSARS movement, adding that it was the start of the change needed to move the country forward.