The Registrar and Chief Executive of the Advertising Practitioners Council of Nigeria, (APCON) Dr. Olalekan Fadolapo has reeled out some of his plans on regulating and uplifting the standard of advertising practice in Nigeria.
According to Fadolapo, some of his plans include industry reform, solving tax related issues, copyright issues, agencies pitching for government communications jobs, among others.
The APCON Registrar revealed these at the IMC Industry Grand Reception organised to honour him over the weekend in Lagos.
The event was organised by multiple award-winning frontline brands and marketing publication, Brand Communicator in collaboration with the Association of Advertising Agencies of Nigeria (AAAN).
Similarly, Integrated Marketing Communications (IMC) practitioners tasked APCON to ensure that it adheres to growth based regulations that will help strengthen the industry rather than killing the industry businesses.
Commenting on the state of regulation in the country, Dr. Olalekan said, “Nigeria is the only country in Africa that practices double regulatory system as at today; we have the government regulatory system and self regulatory system. In other market, it is purely self regulation. The sectoral groups come together, they outline best business practices, they sign MoU and it becomes a law, but in Nigeria we always find it difficult to conclude that process.”
Therefore, he said that he is working on how to bring the sectoral group to work together, in the interest of having an industry all can be proud of.
On the industry reform, Fadolapo noted; “Again the industry reform has been a major challenge. The industry reform can create jobs, the industry reform will improve the Internal Generated Revenue (IGR) of APCON and the government, and it will help us stabilise our industry. I spoke with the presidents of all the sectoral groups and they all agreed we need to go ahead with the industry reform.”
He added that the Minister of Information and Culture, Lai Mohammed, has already approved it but there are some challenges that need to be taken care of before the industry review is fully implemented which include court cases.
Meanwhile, it is in talk with the National Assembly and the bill is set for the second reading, stating that, “APCON is here to regulate and not to kill the industry. We are not regulating to strangulate, and we are regulating to bring the best out of every one of us”
In another vein, he said he is in talks with Federal Inland Revenue Service (FIRS) as they plan to set up help desk for advertising industry to listen and ensure that issues that relate to the industry are resolved, adding that some of the issues are double taxation; application of withholding tax and others.
He said those that do not practice advertising may not understand the fundamentals, stating that the withholding tax should be applied on the net income.
He added that the sectoral groups have already sent their report to APCON and it will be meeting with FIRS soon on some of the tax related challenges its members are facing.
Another issue he pointed out is the issue of copyright the industry is facing.
He said the DG of Nigerian Copyright Commission (NCC) told him that most of the issues of copyright at the court can be resolved at industry level.
“Today, APCON is talking to NCC on the possibility of setting up a help desk for agencies that need advice on ownership of copyright and copyright issues. We will be organising a webinar soon and the DG has agreed to speak on this issue.”
In another vein, he stated, “One of the major projects of the government is the digital switchover; APCON has been requested to manage the audience measurement aspect of the digital switchover.”
On a different note, he said APCON members do not get most of government jobs, and APCON certification is not listed on qualification requirements for hiring professionals for government jobs while it is currently in talks with the Bureau of Public Service Reforms on amending that.
On when APCON council will be inaugurated, he said, “Do not forget it is not that they did not appoint members for the council, but the members that were appointed were not selected in line with the establishment act of APCON, consequently they cannot be inaugurated and as at today the honourable minister has written to the president, the letter is with the chief of staff and am also aware that the presidency is looking into the issue and soon a new council may be announced.”
Some of the heads of sectoral groups including top government officials and key stakeholders from the IMC industry were present at the event.
Steve Babaeko, AAAN President; to Alhaji Garba Bello Kankarofi, former APCON Registrar/ CEO; Bunmi Adeniba, Acting ADVAN President; Tade Adekunle, EXMAN President; Chairman, Segun McMedal, Lagos Chapter, NIPR, Gboyega Akosile, Chief Press Secretary to the Lagos State Governor, among others urged Dr. Olalekan to uplift the standard of advertising in the country, be fair to all, embark on friendly regulations and help solve some of the challenges confronting the industry.
Until his appointment, Fadolapo, a registered advertising practitioner and fellow of the Institute of Chartered Accountants of Nigeria (ICAN), was the Executive Secretary of the Association of Advertising Agencies of Nigeria (AAAN).
