In an exclusive interview with the Nigerian newspaper, The PUNCH, Olalekan Fadolapo, the Director-General of ARCON, detailed the rationale behind the lawsuit.
The N30 billion lawsuit brought by the Advertising Regulatory Council of Nigeria against Meta Platforms Incorporated (owners of Facebook, Instagram, and WhatsApp platforms) and its representative AT3 Resources Limited will be heard by the Federal High Court, Abuja Judicial Division, in October.
The Nigerian Government has lost money as a result of Meta Platforms Incorporated’s ongoing exposure of unscreened advertisements, according to the country’s top regulating agency for advertising.