
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 …