APCON Sets To Charge A ₦25,000 Fee On All Online Advertising In Nigeria

Advertising Practitioners Council of Nigeria (APCON) says it will start vetting social media adverts for a regular Fee of N25,000.

According to APCON, all Nigerian brands and advertisers are now required to “fulfil all necessary obligations” by the Council before placing their adverts on the digital space which includes all social media and websites.

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“We have a mandate to regulate advertising in all its aspects and ramifications, including online. And now that we have started with social media, it is not anything new, it’s just that we didn’t emphasise it right from time,”

the government body further stated in a statement.
This now mean, before any Nigerian brand can put up ads online, it needs to first get approval from APCON. And each ad clearance will cost N25,000 (~$69) for each ad concept, much like for offline ad clearance. If you want accelerated vetting, you pay higher as indicated in their letter.
If you have one ad for instance, and you’re going to expose it in more than one language, you’re going to pay for the number of languages you’re translating it into.
Also, if you have one ad and you’re going to change the model, even if you’re advertising water and you’re using different models, you’re going to pay for each of those models.”
Speaking on how APCON plans to monitor and vet the thousands of online adverts that are deployed by brands in Nigeria, the council said,

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“that’s our own internal mechanism, I don’t have to tell you how we’re going to do it.”

Posted: at 13-09-2019 12:02 PM (4 years ago) | Gistmaniac

this is sad! People should be free of unions and associations to freely do their businesses. This is one of the ways businesses can grow. Pray, what do they use all the levies that has been collected to do?  Enough of scam. Govt must step in and create good environment for businesses to thrive

Posted: at 13-09-2019 04:48 PM (4 years ago) | Gistmaniac