Nigeria’s Regulator slams a 30 billion naira suit on Meta Platforms

The Advertising Regulatory Council of Nigeria (ARCON) has filed a suit against the parent company of Facebook, Instagram and WhatsApp, Meta Platforms at the Federal High Court, Abuja Judicial Division.

ARCON states that continued and unvetted publication and exposure of various advertisements directed at the Nigerian market through Facebook and Instagram platforms by Meta Platforms Incorporated is illegal and has 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.

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.

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