SETTING THE RECORDS STRAIGHT ON CITIZEN ASAR MICHAEL SESUGH'S DEATH. (PHOTO).#PRESS RELEASE.

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 Setting the Records Straight on  Citizen Asar Michael Sesugh's  Death The Economic and Financial Crimes Commission,  EFCC,  considered it imperative to clear the air on some recent incidents at its Makurdi Zonal Directorate,  Benue State.   Operatives of the Directorate arrested 26 suspected cyber fraudsters on April 28,  2026.  They were profiled and kept in custody for further investigations after obtaining a Remand Order at a Magistrate Court.  Shortly after their arrest,  specifically on May 4,  2026,  three of the suspects sought permission to use the lavatory at the Directorate's  Holding Facility and were permitted.   They cashed in on the opportunity,  broke the toilet's roof and escaped from detention.  Several efforts were made to re- arrest them to no avail. However,  fresh intelligence came on Thursday,  May 21,  2026 that one of the escaped suspects,   As...
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ARCON TO INVESTIGATE MOBILE ADVERTISING DEBT OF ONE BILLION NAIRA (N1B): SEEK TO ENFORCE THE PROVISIONS OF THE NIGERIAN ADVERTISING LAWS. (PHOTO). #PRESS RELEASE.

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 ARCON TO INVESTIGATE MOBILE ADVERTISING DEBT OF ONE BILLION NAIRA (N1B): SEEK TO ENFORCE THE PROVISIONS OF THE NIGERIAN ADVERTISING LAWS


1 The Advertising Regulatory Council of Nigeria, (ARCON) has received tuwo 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 It was also 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 ecosųstems, 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 policų of inclusive industry grouwth and development of the Nigerian advertising industry.

 6. This isto 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 befween relevant stakeholders in the Nigerian advertising industry, ensuring adherence to payment threshold, industry credit policų, protection of copyright/intellectual property ownership, and compliance with the Advertising Industrų Standard of Practice (AISOP)

Dated 30th May 2025 Dr. Olalekan Fadolapo, FCA, fnimn, frpa

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