(ARCON)

Revenue Loss Nigeria Sues Meta, Seeks ₦30bn Compensation

Revenue Loss: Nigeria Sues Meta, Seeks ₦30bn Compensation

The Advertising Regulatory Council of Nigeria (ARCON) has filed a suit against Meta Platforms Incorporated, owners of Facebook, Instagram, and WhatsApp, and its agent, AT3 Resources Limited, at the Federal High Court, Abuja Judicial Division.

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 …

Regulatory Bodies: Fashola Cautions ARCON Committee

Regulatory Bodies: Fashola Cautions ARCON Committee

Mr Babatunde Fashola who is the Minister of Works and Housing has openly warned a management committee which was set up by the Architects Registration Council of Nigeria (ARCON) against trying to overrule and usurp the powers of its regulatory body.

He gave this statement on Monday.

The Management Committee of ARCON is a transition committee created by law to undertake ARCON’s routine management upon expiration of tenure of its statutory council and pending constitution of a new board.

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Fashola, in a statement on Monday by the Permanent Secretary, Federal Ministry …