{"id":220082,"date":"2022-10-04T12:14:38","date_gmt":"2022-10-04T11:14:38","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=220082"},"modified":"2022-10-04T12:46:56","modified_gmt":"2022-10-04T11:46:56","slug":"breaking-federal-govt-sues-meta-seeks-30bn-penalty","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2022\/10\/04\/breaking-federal-govt-sues-meta-seeks-30bn-penalty\/","title":{"rendered":"BREAKING: Nigeria sues Meta, seeks 30bn penalty"},"content":{"rendered":"<p>The Advertising Regulatory Council of Nigeria (ARCON) has lodged a suit at the Federal High Court, Abuja, against Meta Platforms Incorporated (owners of Facebook, Instagram and WhatsApp platforms) and its agent AT3 Resources Limited.<\/p>\n<p>The apex regulatory body for Nigeria\u2019s advertising ecosystem, ARCON, disclosed this in a statement on Tuesday.<\/p>\n<p>According to statement, ARCON is seeking a declaration among others that the continued publication and exposure of various advertisements directed at the Nigerian market through <a href=\"https:\/\/www.withinnigeria.com\/news\/2022\/05\/19\/ipob-no-plan-to-ban-facebook-fg\/\" target=\"_blank\" rel=\"noopener\">Facebook<\/a> 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.<\/p>\n<p>ARCON stated that Meta Platforms Incorporated\u2019s continued exposure of unvetted adverts had also led to loss of revenue to the Federal Government.<\/p>\n<p>ARCON is seeking N30bn in sanction for the violation of the advertising laws and for loss of revenue as a result of Meta Incorporated\u2019s continued exposure of unapproved adverts on it\u2019s platforms.<\/p>\n<p>The statement read in part, \u201cARCON reiterates that it would not permit unethical and irresponsible advertising on the Nigeria\u2019s advertising space.\u201d<\/p>\n<p>According to ARCON, the Council is not regulating the online media space. Rather, it\u2019s focus is on advertising and marketing communications on the online platforms in line with its establishment Act.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Advertising Regulatory Council of Nigeria (ARCON) has lodged a suit at the Federal High Court, Abuja, against Meta Platforms Incorporated (owners of Facebook, Instagram and WhatsApp platforms) and its agent AT3 Resources Limited. The apex regulatory body for Nigeria\u2019s advertising ecosystem, ARCON, disclosed this in a statement on Tuesday. According to statement, ARCON is [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":220091,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"PUNCH","source_url":"","via_name":"","via_url":"https:\/\/punchng.com\/breaking-fg-sues-meta-seeks-30bn-penalty\/","override_template":"0","override":[{"template":"custom","single_blog_custom":"211693","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"single-left","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"floatbottom","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"1","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"0","number_popup_post":"1","show_author_box":"0","show_post_related":"0","show_inline_post_related":"1"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored 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