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Home ยป FG sues Facebook owner Meta, demands N30 billion
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FG sues Facebook owner Meta, demands N30 billion

OsunDailyBy OsunDailyMay 3, 2023No Comments2 Mins Read
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FACEBOOK; META; ZUCKERBERG
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The Abuja Division of the Federal High Court has granted the Advertising Regulatory Council of Nigeria (ARCON) leave to serve a writ of summons on Meta, the owner of Facebook.

The court gave the nod pursuant to an application by ARCON in a pending N30 billion suit against the social media giant for violation of the extant advertising laws of Nigeria.

The writ is to be served at the Meta corporate headquarters of Meta, which also owns Instagram, Messenger and WhatsApp social media platforms.

While Meta is the first defendant in the suit, AT3 Resources Limited is the second defendant.

ARCON is seeking a declaration that publishing various advertisements and marketing communications materials targeted at Nigeria through Metaโ€™s platforms without prior vetting and approval by its advertising standards panel is illegal.

The regulatory body also claimed that the act disregarded Nigerian culture, constitutional tenets, moral values and religious sensitivity of citizens.

ARCON is, therefore, seeking an order of perpetual injunction restraining the defendants, their privies, agents, servants and associates from publishing any advertising or marketing communications materials without recourse to ARCON in line with the countryโ€™s advertising law.

It is also seeking N30 billion in fines and sanctions for the continued violations and infractions of the Advertising Regulatory Council of Nigeria Act No. 23 of 2022.

(NAN)


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Billion Demands Facebook Meta N30 Owner sues
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