Facebook Twitter Instagram
    Trending
    • I Will Restore Unity To Nigeria If I Am Elected President In 2023- Atiku Promises
    • TikTok Launches Branded Mission To Promote Brand, Creator Collaborations
    • Interswitch Raises $110 Million In Investment From LeapFrog, Tana Africa Capital
    • Why We Were Ordered By FIFA To Pay Rohr N157m- NFF
    • Naira Marley – “Nobody Should Go to Prison for Weed Smoking.”
    • “Annie Idibia Introduced Me to Drugs and Drove Me Out of Her House” – Actress Brother Releases Fresh Allegations Towards Her
    • Erica Nlewedim – “It’s So Frustrating Being a Nigerian.”
    • #EndSARS: Lekki Residents Reject Planned Tollgate Re-opening
    Facebook Twitter Instagram YouTube
    Sync News NigSync News Nig
    • NEWS
      • Business & Economy
      • Politics
      • Banking & Finance
      • Tech & Innovation
      • Health
      • World
    • BRAND NEWS
    • SPORT
      • Football
      • Boxing
      • Basketball
    • ENTERTAINMENT
      • Celebrities
      • Music
      • Movies
    • FEATURED
    • TRAVELS & LIFESTYLE
      • Beauty &Health
      • Fashion
      • Food, Travel, Arts & Culture
      • Relationships & Weddings
    • SYNC TV
    Sync News NigSync News Nig
    Home»Brand News»To Combat Economic And Financial Crimes In The Media And Advertising Industry, APCON And NBC Have Decided To Partner With The EFCC
    Brand News

    To Combat Economic And Financial Crimes In The Media And Advertising Industry, APCON And NBC Have Decided To Partner With The EFCC

    Idara InyangBy Idara InyangMarch 15, 2022Updated:March 16, 2022No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Mallam Balarabe Ilelah, Director General of the National Broadcasting Commission (NBC), and Dr. Olalekan Fadolapo, Registrar/Chief Executive of the Advertising Practitioners Council of Nigeria (APCON), recently paid a courtesy visit to Mr Abdulrasheed Bawa, Chairman of the Economic and Financial Crimes Commission (EFCC), at the EFCC Headquarters in Abuja.

    The DG of NBC and the Registrar of APCON have asked the EFCC for help in cleansing the media/advertising industry and removing iniquitous actions of select operators that have hampered the industry’s development and progress.

    The NBC DG indicated that some stakeholders’ fraudulent activities, as well as a large advertising debt, have raised worries, as these have posed operating issues for the business. Most media companies are operationally handicapped as a result of getting finance under false pretenses and other fraudulent practices by some stakeholders, which are jeopardizing the industry’s growth.

    The EFCC’s intervention, according to the APCON Registrar, is critical to the ongoing industry reforms’ success. He went on to say that such action will eliminate financial corruption and unethical business practices.

    The Registrar wants the EFCC’s help in providing financial security for the advertising business against all types of financial crimes, which stifle the industry’s growth.

    NBC DG indicated that some stakeholders’ fraudulent activities, as well as a large advertising debt, have raised worries, as these have posed operating issues for the business. Most media companies are operationally handicapped as a result of getting finance under false pretenses and other fraudulent practices by some stakeholders, which are jeopardizing the industry’s growth.

    The EFCC’s intervention, according to the APCON Registrar, is critical to the ongoing industry reforms’ success. He went on to say that such action will eliminate financial corruption and unethical business practices.The Registrar wants the EFCC’s help in providing financial security for the advertising business against all types of financial crimes, which stifle the industry’s growth.

    The EFCC Chairman reaffirmed the agency’s zero tolerance policy for corruption and financial crimes in the country. He pledged the EFCC’s commitment to the advertising business, stating that the Commission will establish two Desk Offices for industry engagement in Abuja and Lagos.

    He ordered the two agencies (NBC and APCON) to submit a thorough proposal for the EFCC’s intervention, including the framework and scope of the intervention. The Chairman of the EFCC thanked the DG of NBC and the Registrar of APCON for the audience and the promise of the Commission’s support for industry reform.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Idara Inyang

    Related Posts

    TikTok Launches Branded Mission To Promote Brand, Creator Collaborations

    May 19, 2022

    Interswitch Raises $110 Million In Investment From LeapFrog, Tana Africa Capital

    May 12, 2022

    YouTube Finally Introduces Picture-In-Picture Mode for YouTube TV on iOS

    March 31, 2022

    Leave A Reply Cancel Reply

    Recent Posts
    • I Will Restore Unity To Nigeria If I Am Elected President In 2023- Atiku Promises
    • TikTok Launches Branded Mission To Promote Brand, Creator Collaborations
    • Interswitch Raises $110 Million In Investment From LeapFrog, Tana Africa Capital
    • Why We Were Ordered By FIFA To Pay Rohr N157m- NFF
    • Naira Marley – “Nobody Should Go to Prison for Weed Smoking.”
    Recent Comments
    • Arsenal Beat Liverpool On Penalties To Lift Community Shield - on Chelsea Sign Former PSG Defender Thiago Silva On Initial One-Year Deal
    • Exceptional Keto Diet on Airtel Partners Standard Chartered Bank To Expand Fintech Business
    • Keto Genics BHB on Airtel Partners Standard Chartered Bank To Expand Fintech Business
    • Exceptional Keto Diet on Airtel Partners Standard Chartered Bank To Expand Fintech Business
    • www.ortovivaistica.it on President Buhari Extends Eased COVID-19 Lockdown By Four Weeks
    Archives
    • May 2022
    • March 2022
    • February 2022
    • January 2022
    • December 2021
    • November 2021
    • October 2021
    • September 2021
    • August 2021
    • July 2021
    • June 2021
    • May 2021
    • March 2021
    • December 2020
    • November 2020
    • October 2020
    • September 2020
    • August 2020
    • July 2020
    • June 2020
    • May 2020
    • December 2018
    Meta
    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    Facebook-f Twitter Instagram
    • Banking & Finance
    • Business & Economy
    • Health
    • Politics
    • World
    • Tech & Innovation

    Copyright ©, 2020-2021 syncnewsng.com. All Rights Reserved