Kanyi Daily NewsKanyi Daily NewsKanyi Daily News
  • Home
  • News
    • Politics
    • Crime
    • Sports
    • Nigerian News
    • Photospeaks
      • Instagrammers
      • Twitteratti
    • Videos
  • Entertainment
    • Celebrities
    • Interviews
    • Events
    • Magazine Covers
    • Reality TV
    • Spotlight
  • Kanyi TV
  • Lifestyle
    • Fashion
      • Fashion For Women
      • Fashion For Men
      • Who Wore It Better
      • Fashion We Like
      • Love Or Hate It
      • Style By
      • Style Star
    • Travel
    • Tech & Gadgets
    • Beauty
      • Makeup
      • Beauty Tips
      • Nails
    • Tips Tuesday / Life Hacks
  • Business
  • Career
    • Girl Boss
    • Man Inspiration
    • Wonder Woman Wednesday
    • Man On A Mission Monday
    • Career Tips
    • Business
    • Money & Finance Tips
    • Jobs
  • MORE
    • Health
    • Education
    • Humanity
    • Relationship
    • Couples In Love
    • Dating
Reading: JUST IN: Federal Government Sues Meta, Seeks N30bn Penalty For Exposure Of Unvetted Adverts, Loss Of Revenue
Font ResizerAa
Font ResizerAa
Kanyi Daily NewsKanyi Daily News
  • Home
  • News
  • Celebs
  • Business
  • Crime
Search
  • Home
  • News
    • Politics
    • Crime
    • Sports
    • Nigerian News
    • Photospeaks
    • Videos
  • Entertainment
    • Celebrities
    • Interviews
    • Events
    • Magazine Covers
    • Reality TV
    • Spotlight
  • Kanyi TV
  • Lifestyle
    • Fashion
    • Travel
    • Tech & Gadgets
    • Beauty
    • Tips Tuesday / Life Hacks
  • Business
  • Career
    • Girl Boss
    • Man Inspiration
    • Wonder Woman Wednesday
    • Man On A Mission Monday
    • Career Tips
    • Business
    • Money & Finance Tips
    • Jobs
  • MORE
    • Health
    • Education
    • Humanity
    • Relationship
    • Couples In Love
    • Dating
Follow US
© 2025 Kanyi Media.
News

JUST IN: Federal Government Sues Meta, Seeks N30bn Penalty For Exposure Of Unvetted Adverts, Loss Of Revenue

Richard Anyebe
By Richard Anyebe
Published: October 4, 2022
SHARE

The Federal Government, through the Advertising Regulatory Council of Nigeria (ARCON) has sued Meta Platforms Incorporated, owners of Facebook, Instagram and WhatsApp platforms and it’s agent AT3 Resources Limited at the Abuja Division of the Federal High Court.

Facebook Changes Its Name To Meta

This was disclosed in a statement issued on Tuesday by ARCON.

Why FG Is Suing Meta

ARCON, which is Nigeria’s apex regulatory body for the country’s advertising ecosystem, in the statement, said it 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.

According to the statement, the federal government has lost revenue due to Meta Platforms Incorporated’s continued exposure of unvetted adverts.

READ:  This is why popular poet and novelist Bayo Adebowale is trending in Nigeria

As a result of these, the statement added that ARCON is seeking N30bn in sanction for the violation of the advertising laws and for loss of revenue as a result of Meta Incorporated’s continued exposure of unapproved adverts on it’s platforms.

The statement read in part, “ARCON reiterates that it would not permit unethical and irresponsible advertising on the Nigeria’s advertising space.”

ARCON clarified that it is not regulating the online space, but it is only focused on advertising and marketing communications on the online platforms in line with its establishment Act.

Meta is yet to respond or react to the suit at the time of filing this report.

Meanwhile, Kanyi Daily had reported that Nigerians will pay 7.5% VAT on Facebook and Instagram adverts from January.

READ:  AGAIN! Argentine Boxer, Hugo Santillan Dies After Suffering Brain Injury During Match With Eduardo Javier Abreu [Video]

Read Also:👇🏾

  1. FG Plans To Stop Nigerian Women From Giving Birth To Many Children To Sustain Buhari’s Plan
  2. NLC Calls Off Planned Strike, Reaches Agreement On Minimum Wage With FG
  3. “We Will Go On Strike Again If FG Fails To Endorse The New Minimum Wage Of N30,000” – Labour
  4. Lai Muhammed Claims FG Spends 3.5 Million Every Month To Feed Shiites Leader, El-Zakzaky

TAGGED:ARCONFGinverted adsMeta
ByRichard Anyebe
Richard Anyebe is a senior reporter at Kanyi Daily News covering all things politics and trending human interest stories. He is based in Abuja.Contact this reporter at [email protected]
Previous Article There Should Be Punishment For People Found Guilty Of 'Sex-For-Role' - Mr Macaroni APC, PDP Candidates Can Never See My Vote – Comedian, Mr Macaroni
Next Article Nigeria Will Stop Importation Of Petroleum Products In 2023 - NNPC Boss, Mele Kyari NNPC Grows Profit From N287bn To N674bn Within One Year
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

FacebookLike
XFollow
InstagramFollow
YoutubeSubscribe
TiktokFollow
WhatsAppFollow

Latest Post

FG Arraigns Natasha Akpoti For Alleged Defamation Against Akpabio And Yahaya Bello
FG Arraigns Natasha Akpoti For Alleged Defamation Against Akpabio And Yahaya Bello
Nigerian Police Reacts To Video Of School Girl Smoking Cannabis
Nigerian Police Reacts To Video Of School Girl Smoking Cannabis
EFCC Arrests Ex-Plateau Speaker, 14 Former Lawmakers For 'Fleeing With Official Cars'
EFCC Arrests Ex-Plateau Speaker, 14 Former Lawmakers For ‘Fleeing With Official Cars’
Former Vice President Namadi Sambo Dumps PDP For APC
Former Vice President Namadi Sambo Dumps PDP For APC
Police Grant Pastor Paul Adefarasin Bail, Say Stun Gun Recovered From Cleric
Police Grant Pastor Paul Adefarasin Bail, Say Stun Gun Recovered From Him
President Tinubu Visits Victims Of Benue Attack At Teaching Hospital [Photos]
President Tinubu Visits Victims Of Benue Attack At Teaching Hospital [Photos]
Benue School Children Line Up Under Heavy Rain To Welcome President Tinubu [Video]
Benue School Children Line Up Under Heavy Rain To Welcome President Tinubu [Video]
President Tinubu’s Condolence Visit To Benue Delayed Due To Heavy Flood [Video] 2
President Tinubu’s Condolence Visit To Benue Delayed Due To Heavy Flood [Video]
PZ Cussons Exits Nigerian Palm Oil Market, Sells PZ Wilmar $70m Stake
PZ Cussons Exits Nigerian Palm Oil Market, Sells PZ Wilmar $70m Stake
US Court Sentences Five Nigerians To 159 Years In Prison For $17m Fraud
US Court Sentences Five Nigerians To 159 Years In Prison For $17m Fraud
- Advertisement -
Ad imageAd image

Follow Our News Page On Facebook

Follow our entertainment Page on Facebook

Tinubu Reveals How Nigeria Can Achieve Trillion-Dollar Economy In Next Decade
News

Nigeria Being Re-Engineered for Prosperity of All-Tinubu

Mali Coup: "Return To Barracks Now" - UN Security Council Orders Malian Soldiers 4
News

Mali Coup: “Return To Barracks Now” – UN Security Council Orders Malian Soldiers

"We Used To Be Respected, But Now We're Always In The News For Wrong Reasons" - Amaechi To Rivers People 6
News

“We Used To Be Respected, But Now We’re Always In The News For Wrong Reasons” – Amaechi To Rivers People

PHOTONEWS: President Buhari and VP Yemi Osinbajo sworn-in for second term by CJN Tanko Mohammed 8
NewsPHOTOSPEAKS

PHOTONEWS: President Buhari and VP Yemi Osinbajo sworn-in for second term by CJN Tanko Mohammed

Drama As Man Attacks His Girlfriend After She Rejected His Marriage Proposal In Public [Video] 10
News

Drama As Man Attacks His Girlfriend After She Rejected His Marriage Proposal In Public [Video]

Lagos State Govt Unveils "New Face Of Lagos In The Cyberspace" 12
EventsNews

Lagos State Govt Unveils “New Face Of Lagos In The Cyberspace”

Nigerian Army Has Arrested Those Behind Owo Church Attack - Defence Chief Irabor
News

613 Rehabilitated Insurgents To Be Transferred To States – CDS, Gen. Lucky Irabor

You're Golden At 50 - Benue Governor, Ortom Celebrate Wife's Birthday 14
News

You’re Golden At 50 – Benue Governor, Ortom Celebrate Wife’s Birthday

Nigeria Will Stop Importation Of Petroleum Products In 2023 - NNPC Boss, Mele Kyari
News

NNPC Grows Profit From N287bn To N674bn Within One Year

"82 In Lagos, 30 In Kano" - Nigeria Records 195 New Coronavirus Cases As Total Rises To 3145 16
News

“82 In Lagos, 30 In Kano” – Nigeria Records 195 New Coronavirus Cases As Total Rises To 3145

CBN Returns Over N60 Billion Excess Charges To Thousands Of Bank Customers 18
News

CBN Returns Over N60 Billion Excess Charges To Thousands Of Bank Customers

Buhari Renews Appointment Of Trustees Of Police Trust Fund
News

Buhari Condemns Benue Killings, Says ‘Attackers Must Be Found And Dealt With’  

Kanyi Daily News: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more.

Got a hot news tip or found something interesting you’d like us to feature? Hit us up with the details.

  • About KanyiDaily.com
  • Advertise
  • Claims of Infringement
  • Conditions Of Use
  • Contact Us
  • Media Inquiries
  • SUBMIT YOUR STORIES!
  • Tech Issues
  • Write For Kanyi Daily
  • Advertising Policy
  • Comment Policy
  • Editorial Policy
  • Privacy Policy
  • FAQ – Frequently Asked Question
Follow US
Kanyi Media 2025.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?