The Advertising Regulatory Council of Nigeria (ARCON) has announced that it has launched a complaint in the Federal High Court of Abuja against Meta Platforms Incorporated (the owners of Facebook, Instagram, and WhatsApp) and its agent AT3 Resources Limited.
Tuesday, the country’s supreme advertising agency stated that adverts on Facebook, Instagram, and WhatsApp are not reviewed and approved by the federal government.
ARCON then alleged that such continuous unchecked advertisements and other publications emanating from Mark Zuckerberg’s Meta-owned social media platforms are illegal, unlawful, and a violation of the Nigerian advertising law, hence seeking N30 billion in punitive penalties.
It revealed this in a statement titled “ARCON sues Meta platforms incorporated, seeks N30b in sanction and penalties.”
The statement read, “The Advertising Regulatory Council of Nigeria (ARCON) has instituted 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.
“ARCON is seeking 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 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 has also led to a loss of revenue to the Federal Government.
“ARCON is seeking N30b 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 reiterate that it would not permit unethical and irresponsible advertising in Nigeria’s advertising space.
“ARCON further stated that it’s not regulating the online media space but rather advertisement, advertising and marketing communications on the online platforms in line with its establishment Act.”