Categories: featuredNews

FG Slams N30b Suit Against Meta

The Advertising Regulatory Council of Nigeria says it has lodged a suit against Meta Platforms Incorporated (owners of Facebook, Instagram and WhatsApp platforms) and its agent AT3 Resources Limited at the Federal High Court, Abuja Judicial Division.

 

According to a statement on Tuesday by the apex regulatory body for Nigeria’s advertising ecosystem, ARCON is seeking a declaration among others that the continued publication and exposure of various advertisements directed at the Nigerian market through Facebook and Instagram platforms by Meta Platforms Incorporated without ensuring the same is vetted and approved before exposure is illegal, unlawful and a violation of the extant advertising Law in Nigeria.

 

ARCON stated that Meta Platforms Incorporated’s continued exposure of unvetted adverts had also led to loss of revenue to the Federal Government.

 

ARCON is seeking N30bn in sanction for the violation of the advertising laws and for loss of revenue as a result of Meta Incorporated’s continued exposure of unapproved adverts on it’s platforms.

 

 

 

The statement reads in part, “ARCON reiterates that it would not permit unethical and irresponsible advertising on the Nigeria’s advertising space.”

 

According to ARCON, the Council is not regulating the online media space. Rather, it’s focus is on advertising and marketing communications on the online platforms in line with its establishment Act.

Recent Posts

3.7trn: Bauchi Gov Faults Senate’s Suspension, Declares Support For Ningi

The Bauchi State Governor, Bala Mohammed has declared that the State Government is fully in…

26 mins ago

Tinubu Swears In 17 Federal Commissioners Of NPC

President Bola Tinubu has sworn in 17 federal commissioners of the National Population Commission, which…

35 mins ago

Nigeria Opens Land, Air Borders With Niger Republic, Lifts Other Sanctions

President Bola Tinubu has directed the opening of Nigeria’s land and air borders with the…

54 mins ago

Court Remands Man For Killing Friend With Cylinder In Ondo

A Magistrate Court sitting in Akure, Ondo State capital, has ordered the remand of a…

1 hour ago

40-Year-Old Woman Arrested For Allegedly Kidnapping Three School Children

An unidentified 40-year-old woman has been arrested by the Lagos State Police Command for attempting…

1 hour ago

Kidnapped UNTH Security Man Rescued, Nurse Still Missing – Police

Operatives of the Enugu State Police Command have rescued a security man attached to the…

2 hours ago

This website uses cookies.