Nigerian govt asks Facebook, Instagram parent company to pay N30 billion over ads

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The government wants Meta to pay for what it calls unapproved advert materials...............................

, and WhatsApp, accusing the company of rendering unapproved advert materials in the country, and demanding up to N30 billion as damages.

The Nigerian government agency is seeking a declaration that Meta’s continued publication and exposure of various advertisements targeted at the Nigerian market on Facebook and Instagram without first ensuring that they are vetted and approved is illegal, unlawful, and a violation of the country’s current advertising laws.

For the alleged infringement of the advertising regulations and for lost revenue as a result of Meta Incorporated’s continuous exposure of prohibited advertisements on its platforms, ARCON is asking for N30 billion in fines.

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Looking for reasons to get at them 🚴🚴

Federal government don't want to go for a Chinese loan... They just want to cash out. Nice move

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Source: NigeriaNewsdesk - 🏆 10. / 63 Read more »