Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,148,698 members, 7,802,060 topics. Date: Friday, 19 April 2024 at 08:34 AM

Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents (7865 Views)

Banks Get 30-day Deadline To Close Accounts Without BVN / Nigerian Banks Get Positive Ratings From Moody’s Investors Service / 5 Things Your Small Business Can Learn From Multinationals (2) (3) (4)

(1) (2) (Reply) (Go Down)

Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents by sophsia62: 5:59am On Oct 16, 2018
For their incessant practice of shooting television commercials (TVCs) and other advertising campaigns in foreign countries, Nigerian banks, telecommunications companies and other multinationals have been accused of frustrating efforts by stakeholders in the advertising industry to promote local content.

The Minister for Information and Culture, Alhaji Lai Mohammed, had announced that the federal government was going to ban the production of Nigerian movies, music videos and television commercials outside the country to help grow the creative industry in Nigeria and to create jobs.


But despite this threat, the practice has continued unabated.

Some of the industry stakeholders, said on this development, argued that the highest percentage of what is accruing to advert spending in Nigeria goes into the coffers of foreign countries.

They carpeted companies and creative agencies that still go to South Africa, United Kingdom, United States and other countries to produce advertising materials that can be handled locally.

To check this trend, a former Chairman, Advertising Practitioners Council of Nigeria (APCON), Mr. Lolu Akinwunmi, under whom the council carried out the 5th Reform to promote local content, has called on government to slam extra cost on television commercials and other advertising material produced abroad.

Also a former President of the Independent Television Producers Association of Nigeria (IPAN), Femi Odugbemi, has also expressed his concern over the way creative agencies and their clients ignore local talents and move ahead to produce television commercials (TVC) in abroad.

He pointed out that Nigeria had the technical requirement needed to produce TVC locally.

He said, “The problem of shooting TVC abroad is killing Nigeria economy because our creative agencies and their clients, mostly multinationals go abroad for the production of what can be offered locally and pay in foreign currencies to foreign vendors.

“The practice became popular when companies operating in Nigeria started going abroad to bring in marketing directors. Of course, such directors will influence the company to go to his country for TVC production, thereby leading to huge capital flight.

“My question is this, ‘Why do we think it make sense to build the economy of another country through their creative industry and leave our own? Again, how many of these brands being overseen by foreign marketing directors have become global brands?”

While calling on those promoting this trend to stop, Odugbemi pointed out that if Nigerian music and Nollywood could go global, then advertising produced locally could also get global acceptability.

He also faulted the idea of incorporating foreign contents that are not connected with the local market into campaigns that will be run in Nigeria.

“It is absurd when we infuse a foreign music that has no local relevance into a TVC that is meant for Nigeria. If you find yourself in a foreign land, you should be able to understand the culture of the people the moment you watch their ad but unfortunately that cannot be said of Nigeria as our banks, telco brands and other multinationals still go to abroad to import content,” he said.

While commending the Advertising Practitioners Council of Nigeria (APCON) for its effort to control the ugly situation through a reform that was inaugurated few years ago, Odugbemi stated categorically that Nigeria has enough law to promote local content but lacks adequate enforcement of those laws.

Also speaking on the issue, the Chief Executive Officer of HS Group, Mr. Taye Ige, opined that Nigeria loses millions of naira and other currencies daily to production, technical crew, hospitality and other logistics when commercials are shot abroad.

“Perhaps we are not proud of what we have but I’m confident that there are equipments and adequate technology support locally to produce commercials that are meant for our market. By going abroad, we are losing a lot in the area of logistics and other production requirements. Since Nigerians pay for the consumption of these products, they must be allowed and encouraged to participate in their production,” Ige said.

Meanwhile, ad practitioners have argued that shortage of required technology and at times manpower forced agencies to look elsewhere for shooting of commercials.

Akinwunmi said even though he supported the call for local content, he argued that it would be difficult to restrain companies from shooting commercials abroad.

“It is difficult to stop them under the law of free enterprise. They have a right but for the country not to have a free fall, we can do what the Industry did in Brazil. If you wish to expose any material produced abroad, you pay an extra cost. China did it too. This way, federal government will be stopping them. Government will only let companies that want to go abroad to shot TVC know that there is an extra cost to it,” he said.

The APCON chief submitted that advertising has been professionally practiced in Nigeria for a long time, adding that indigenisation decree has helped the industry to develop what can be called Nigerian Advertising especially on Radio where the country can boast of some great creative work.

“APCON also supported via the 5th Reform. All of these put together provide enough support for local content development. However there are components that have not yielded. Among other components, foreign production and foreign unregistered personnel are still stumbling block. But above all, I’m of the opinion that the 5th Code if implemented will take care of these,” he said.

APCON had recently through its Committee on Advertising Practice Reforms (ACARP) reeled out a new guideline to advertising practice in Nigeria. Top on the new reform was the resolute use of local production of commercials intended for the Nigerian market. The council based this on the need to ensure stricter professionalism within the advertising industry and practice.

The council emphasised the need for all corporate firms to be licensed and that all practitioners, whether individual or corporate, shall consider Nigerian content as an important element of their overall business management, project development and execution.

It went further to state that qualified Nigerian practitioners shall be given first consideration in any advertising project.

Regulatory bodies and other stakeholders in the African creative industry had over the years, expressed dissatisfaction with the non-promotion of local content in creative works emanating from local advertising agencies and film makers.

Advocates of the campaign for increase local content in creative works meant for exposure in Nigeria media and television commercials often wonder why the setting, cast and even voice over in some commercials have been entirely foreign – a situation, which they argue, has denied Nigerian talents from being engaged by local practitioners.

https://www.akelicious.net/2018/10/advertising-multinationals-banks-get.html

2 Likes

Re: Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents by milemimi93(m): 6:01am On Oct 16, 2018
God bless PMB for this..
Buy Naija, grow Naija

9 Likes 1 Share

Re: Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents by Wealthyonline(m): 7:04am On Oct 16, 2018
Nice one


See my signature
Re: Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents by BruncleZuma: 7:05am On Oct 16, 2018
From whom, somebody is blessing MB and his Nigerian Air logo was designed and branded in Bahrain.

Abeg make I go cook morning food.

25 Likes

Re: Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents by lonelydora: 7:05am On Oct 16, 2018
Prof. Dora Akunyili (blessed memory) as minister of information shouted about this but because she was an Igbo woman, everyone turned a blind eye to it. She even gave instances of film makers making movies in South Africa, US, and Europe

She even came up with the "Proudly Nigeria' campaign which APC repackaged as 'Buy Naija to grow Naija' but no one listened.

Well, same way Ojukwu told Ogonis "GOOD MORNING" is the same way I'm saying GOOD MORNING to you all.

7 Likes

Re: Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents by Nobody: 7:06am On Oct 16, 2018
Interesting

However the marketplace doesn't work like Father Christmas.

People are free to work with whoever they choose to meet their objectives.

Nigerian professionals should step up their game to remain competitive and relevant.
Re: Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents by nony43(m): 7:06am On Oct 16, 2018
H
Re: Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents by born2reign001(m): 7:07am On Oct 16, 2018
who designed Nigeria Air logo?

2 Likes

Re: Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents by Nobody: 7:07am On Oct 16, 2018
Another achievement?
BTW: As a sitting president, don't make promises during your campaign. Rather you showbus your achievements in the first term and give us reasons why you must continue.

1 Like 1 Share

Re: Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents by AdonaiAluminium: 7:08am On Oct 16, 2018
They make so much money here but when it comes to packaging their adverts, they employ foreigners and even shoot their adverts and do post production abroad even when qualified manpower, facilites for Such are here.

Contact us for your Polyurethane, polysterene Insulated roofing sheets and panels

1 Like 1 Share

Re: Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents by qanda: 7:09am On Oct 16, 2018
Good
Re: Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents by awa(m): 7:09am On Oct 16, 2018
Buhari
Re: Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents by rekeson: 7:09am On Oct 16, 2018
Anything that is good for business is welcomed.

FOR INSTANT CURE TO VARIOUS AILMENTS, VISIT THE LINK IN MY SIGNATURE.
Re: Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents by Appswheel(m): 7:09am On Oct 16, 2018
Correct
Re: Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents by Doerstech(m): 7:10am On Oct 16, 2018
They have their reasons.....

Re: Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents by LOSKYXANDER: 7:12am On Oct 16, 2018
Is this what we should pay so much attention to? Is this the problem of Nigeria?? Mumu people angry I weep for this country cry
Re: Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents by NaijaFutbol: 7:17am On Oct 16, 2018
milemimi93:
God bless PMB for this..

Buy Naija, grow Naija

The one wey brand Air Nigeria in Bahrain and launched it in UK abi?

2 Likes

Re: Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents by GentleMoney: 7:19am On Oct 16, 2018
Re: Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents by Pavore9: 7:19am On Oct 16, 2018
milemimi93:
God bless PMB for this..

Buy Naija, grow Naija

But has PMB been growing Naija by going abroad for his medicals? Why does he have little faith in the health sector of a country he has been President for 3 years?

6 Likes

Re: Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents by EazyMoh(m): 7:20am On Oct 16, 2018
Na so dem dey do useless people.
Re: Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents by datola: 7:20am On Oct 16, 2018
The government should lead by example.
Re: Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents by israelmao(m): 7:21am On Oct 16, 2018
Let's start from FG how many local companies does it engage in construction of roads and buildings?

1 Like

Re: Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents by milemimi93(m): 7:23am On Oct 16, 2018
Pavore9:


But has PMB been growing Naija by going abroad for his medicals? Why does he have little faith in the health sector of a country he has been President for 3 years?
PMB goes because PDP refused to build hospitals during their 16yrs in power..

From next term no one will have to travel out for medical care because everytin will be in order..

1 Like

Re: Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents by Jaqenhghar: 7:24am On Oct 16, 2018
BruncleZuma:
From whom, somebody is blessing MB and his Nigerian Air logo was designed and branded in Bahrain.

Abeg make I go cook morning food.
Thats true
Re: Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents by Pavore9: 7:26am On Oct 16, 2018
milemimi93:
PMB goes because PDP refused to build hospitals during their 16yrs in power..

From next term no one will have to travel out for medical care because everytin will be in order..
And where have you and your family been going to for medical csre since PDP refused to build hospitals during their 16yrs in power?

4 Likes

Re: Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents by NotBeenPaid: 7:29am On Oct 16, 2018




But common Nigeria Air Logo was designed abroad - Hypocrisy at its peak!



Re: Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents by milemimi93(m): 7:30am On Oct 16, 2018
Pavore9:


And where have you and your family been going because PDP refused to build hospitals during their 16yrs in power?
abroad of course.
Re: Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents by Pavore9: 7:32am On Oct 16, 2018
milemimi93:
abroad of course.

The tragedy in all these is the delusion.
Re: Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents by nairalandbuzz(m): 7:34am On Oct 16, 2018
Since I have been hearing the name Lai Mohammed, this is the only sensible thing that he has ever said...




The Minister for Information and Culture, Alhaji Lai Mohammed, had announced that the federal government was going to ban the production of Nigerian movies, music videos and television commercials outside the country to help grow the creative industry in Nigeria and to create jobs.

Re: Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents by Ugosample(m): 7:35am On Oct 16, 2018
alignacademy:
Interesting

However the marketplace doesn't work like Father Christmas.

People are free to work with whoever they choose to meet their objectives.

Nigerian professionals should step up their game to remain competitive and relevant.

you have a point
Re: Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents by VULCAN(m): 7:37am On Oct 16, 2018
This administration hasn't built a single hospital anywhere but somehow from May next year no-one will have to travel out for medical care.

Just like in the movies...no one has ever cured a zombie and no one ever can.


milemimi93:
PMB goes because PDP refused to build hospitals during their 16yrs in power..

From next term no one will have to travel out for medical care because everytin will be in order..
Re: Advertising: Multinationals, Banks, Get Knocks For Undermining Local Contents by Nobody: 7:37am On Oct 16, 2018
True that....

(1) (2) (Reply)

Cement Price Fall: Dangote To Construct Rail Lines / Who Can help me Register a Business Name/Company in Nigeria? / CBN Returns N5bn Illegal Bank Charges To Customers

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 38
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.