ARCON Bans Local Advertisement in Foreign Countries - The Top Society

ARCON Bans Local Advertisement in Foreign Countries

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Advertising Regulatory Council of Nigeria, ARCON has placed a ban on local adverts being produced in foreign countries.

In a press release signed  by ARCON Director-General, Olalekan Fadolapo, on Monday, Nigerian advertisers are compelled to stop promoting the economy of other nations and demoting that of their home country.

ARCON said producing indigenous adverts locally would not only  increase employment opportunities but also promote  the local advertising industry and boost the nation’s economy.

The statement reads partly:

 “All commercials to be exposed to Nigerians should be produced in Nigeria. Create jobs for our youths, help grow and develop the support service sector of the industry and circulate the money within the Nigerian advertising ecosystem.

“Nigerians should be considered as primary in advertisement targeted at the Nigerian market. The use of foreign models and voices is banned except where it is inevitable. If you are selling your product to Nigerians, use Nigerians in your communication elements.”

On the credit and payment policy of the Council, ARCON lamented that the violation of the industry’s credit policy by some of the agencies, have led to industry debt and exploitation of media owners.

The statement reads:

“Globally, the payment threshold is a policy in the advertising industry. Advertisers Association of Nigeria members have been offering Nigerian businesses a 120-day payment circle, thereby impoverishing the Nigerian advertising industry. These same advertisers prepay foreign media houses operating in Nigeria for media services.”

In an interview with newsmen, the DG of ARCON expressed unhappiness with local advertisers who chose foreign nations and foreign companies over them.

ARCON
Olekan Fadolapo, ARCON DG

Fadolapo who was recently reappointed by President Tinubu as the agency DG reiterated that the regulatory reform remains the same and won’t change. Moreso, with the approval of the Minister for Information and National Orientation, Mohammed Idris.

He further stressed that the ban on use of foreign voiceovers and models for advertising in the local market still stands. Encouraging advertisers to maximize and promote the locally produced voiceover artists here in the country.

He said,

“It takes a village to produce an advert. Sometimes, the cost of producing an advert can be as much as N500 million depending on the magnitude of the advert. Now, these advertisers prefer to take this huge amount of money to South Africa, Kenya, or any other country, thus, enriching that country’s economy.

“However, what they would bring back to Nigeria is only a flash drive to expose the adverts through our media outlets, either television or whatever channel. What ARCON is saying is simple – the money used in producing these adverts abroad should be brought to Nigeria because they are making profits from their products in Nigeria and they should also be able to employ the service of our own sound engineers, production managers and every other personnel that’s needed for any advert.”

“Are these advertisers telling me that out of over 200 million Nigerians, they cannot get models here to lead roles in their adverts? Are they telling us that out of our population, there’s no one capable of voicing adverts?”

“Nigeria is a huge economy and we have the potential of even becoming bigger by leveraging on the opportunity that the industry has, but advertisers want to continue taking advantage of the country, impoverishing us without contributing any quota to our economy rather than make profits.

“Different campaigns of calumny through some media platforms have been going on since my reappointment by advertisers but that wouldn’t stop us from doing what is right and standing by it. We have to get it right and ensure that the industry is adequately reformed.”

Read also: X Ad Revenue Sharing Programme: The New Oil Well?

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