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BREAKING: Nigerian govt fines Facebook, WhatsApp owners N330 billion

Fidwon July 19, 2024

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Nigeria’s consumer protection agency, FCCPC, has imposed a $220 million fine (about N330 billion) on Meta Platforms Inc., owners of Facebook, WhatsApp and Instagram, for allegedly abusing the data of their Nigerian users.

According to a statement by the FCCPC chairperson, Adamu Abdullahi, the agency conducted an investigation of Meta’s operations between May 2021 and December 2023.

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He said Meta cooperated with the agency during the investigation.

Meta provided some “information/evidence that are in part responsive to document requests and summons…,” Mr Abdulahi wrote.

READ ALSO:  FB MONETIZATION: Nigerian Content Creators Eye Facebook’s N150,000 Per 10,000 Views

The FCCPC said its findings concluded that Meta “over a protracted period of time have engaged in conduct that constitute multiple and repeated … FCCPA and NDPR, particularly, but not limited to abusive, and invasive practices against data subjects/consumers…”

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