1. The Advertising Regulatory Council of Nigeria, [ARCON)
has received two petitions against Emerging Markets Telecommunications Services
Limited (trading as 9mobile), a member of the Advertisers Association of
Nigeria (ADVAN) relating to its long overdue indebtedness of one billion Naira
(N1B) for advertising services.
2. Itwasalso alleged that while 9mobile refused to pay or
resolve its indebtedness to the agencies, it has gone ahead to brief other
agencies to continue its advertising and advertisement business with impunity.
The agencies owed are left in limbo.
3. ARCON will investigate the movement of the account from
the agencies owed to the new agencies briefed to ascertain compliance with
disengagement protocol as well as possible breach of ethical procedure.
4. By the workings of the advertising ecosystems,
advertising debts are beyond agencies, they belong mostly to media houses and
third-party vendors/suppliers who are significantly affected by the
indebtedness with multiplier effect on their cash flow and operations.
5. ARCON will work with relevant anti-graft and other
government agencies to ensure detailed investigation is done and the debt
resolved/paid. This is an economic sabotage capable of inhibiting the Federal
Government policy of inclusive industry growth and development of the Nigerian
advertising industry.
6. This is to reiterate that the Nigerian advertising industry
payment threshold remains 45 days.
7. ARCON will take all necessary actions to eradicate unfair
advantage, unethical competition and unequitable policies between relevant
stakeholders in the Nigerian advertising industry, ensuring adherence to
payment threshold, industry credit policy, protection of copyright/intellectual
property ownership, and compliance with the Advertising Industry Standard of
Practice (AISOP).
Dated 30th May 2025
Dr. Olalekan Fadolapo, FCA, fnimn, frpa
@ HEAD OFFICE HEAD OFFICE ANNEXE © ‘Advertising House,
Advertising House, Plot 467, National Theatre Annexe, iganmu, Lagos. Joseph
Adetoro Street, Utako District, Abuja.
(@ 0814 150 1015, 0909 484 1841 (0805 089 8937, 0915 079
1510 @
@infolagos@advertcoucil gov.ng
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