He dismissed the rumour that the lounge was in some sort of financial crisis as a result of low patronage.
MVP Lagos Lounge owned by Nigerian stand-up comedian/actor and movie producer AY has been closed.
The Lounge which was opened in September, 2014 is no longer operating and open for business.
In an interview with Encomium, the comedian spoke on why his new establishment has been shut down.
"It's not as if MVP has closed down business for good" said AY. "We want to bring in fresh hands to run the place. For us it's better to close our doors for a while and restrategise than things to get wrong. We need better and able hands to run the lounge" he further said.
He dismissed the rumour that the lounge was in some sort of financial crisis as a result of low patronage. In the interview he said that he is bringing in a professional from the Arabian gulf to work in the lounge.
During the opening of MVP Lounge, celebs who attended the event were Ramsey Noah, Alibaba, Jay Jay Okocha, Ebube Nwangbo, Funke Akindele, Oge Okoye, Uti Nwachukwu, Seyi Law, Solidstar, Patoranking, Juliet Ibrahim, Toyin Aimakhu, Harrysong, DJ Jimmy Jatt, Alexx Ekubo, Gbenro Ajibade, IK Ogbona, Yomi Casual, Elenu, Chief Joe Penawou, Timi Alaibe, The Ibrus, Engr Abiye Membere, Hon. Warman Ogoriba, Simbi Wabote, Engr Billy Agha, Tony Attah, Engr Gilbert Odior, Nosa Omorodion, Amaju Pinnick,, Chairman Lekki Gardens, Chairman Haven Homes, Chairman Dilly Motors, E-Money, AIG Alapini (RTD) and many others.