HeadlineBREAKING: FG Sues Facebook, Seeks N30bn Penalty

BREAKING: FG Sues Facebook, Seeks N30bn Penalty

GTBCO FOOD DRINL

October 4, (THEWILL) – The Advertising Regulatory Council of Nigeria (ARCON) has dragged Meta Platforms Incorporated (owners of Facebook, Instagram and WhatsApp platforms), and its agent, AT3 Resources Limited, before the Federal High Court, Abuja Judicial Division.

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.

The Council in a statement on Tuesday, said 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.

The statement read in part, “ARCON is seeking a declaration 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 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 its platforms.

“ARCON reiterates that it would not permit unethical and irresponsible advertising on Nigeria’s advertising space.”

About the Author

Homepage | Recent Posts
THEWILL APP ADS 2

More like this
Related

OPINION: Launch Of Magnus Onyibe’s Book: Leading From The Streets… Takes New Dimension

May 2, (THEWILL) - The release of Magnus Onyibe’s...

PAP: Calls For Amnesty Administrator’s Sack Mischievous, Ill-Advised – BoyLoaf Tells Presidency

May 2, (THEWILL) - Major Stakeholders from the Presidential...

Gov Eno Pronounces Two Farm Days In Akwa Ibom

May 2, (THEWILL) - In line with his Back-to-Farm...