Nigerian govt asks Facebook, Instagram parent company to pay N30 billion over ads
The Advertising Regulatory Council of Nigeria (ARCON) has launched a lawsuit against Meta Platforms Incorporated, the company that owns Facebook, Instagram, and WhatsApp, accusing it of distributing prohibited advertising materials in Nigeria and demanding up to N30 billion in penalties.Infomation Guide Nigeria
According to a statement released by the organisation on Tuesday, the case was filed with the Federal High Court, Abuja Judicial Division.
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Live, Study and Work in Canada. No Payment is Required! Hurry Now click here to Apply >> Immigrate to CanadaThe Nigerian government agency seeks a declaration that Meta’s continued publication and exposure of advertisements aimed at the Nigerian market on Facebook and Instagram without first ensuring that they have been reviewed and approved is illegal, unlawful, and a violation of the country’s current advertising laws.
The agency contended that Meta’s unrestricted airing of adverts has cost the government money.
ARCON is requesting N30 billion in fines for the alleged violation of advertising regulations and for revenue lost as a result of Meta Incorporated’s continued dissemination of unlawful adverts on its platforms.
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“ARCON reiterates that it will not permit unethical and irresponsible advertising in the Nigerian advertising space,” the statement said.
On Tuesday, Meta did not immediately respond to a request for comment.
The Nigerian government banned Twitter in the country more than a year ago, after the company removed a message from President Muhammadu Buhari. It accused the corporation of permitting content that posed a security risk to Nigeria.
After disregarding public outrage for months, the administration removed the restriction in January.
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Live, Study and Work in Canada. No Payment is Required! Hurry Now click here to Apply >> Immigrate to CanadaMultiple times, the Buhari administration has pledged to regulate social media. In June, it presented a proposed set of regulations that, according to the government, would govern the operations of international social media businesses.
The rule mandates, among other things, that companies remove content deemed by the government to threaten national security.Jamb Result
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