FCCPC reponds over Meta’s threat of exiting Nigeria over $290 million fine

Moscow – 29 Oct, 2021: Meta logo on screen of mobile phone on Facebook word background. Facebook after rebranding and changing name to Meta. Facebook is social networking. Marketing and trend concept

The Federal Competition and Consumer Protection Commission (FCCPC)  has reacted to reports on Meta threatening to exit Nigeria over the Court’s affirmation of the Commission’s $290 million fine against the company.

The Commission, in a statement signed by its Director of Public Affairs, Ondaje Ijagwu, described Meta’s threat  as “a calculated move aimed at inducing negative public reaction and potentially pressuring the FCCPC to reconsider its decision.”

The FCCPC investigated Meta Platforms and WhatsApp (jointly referred to as “Meta Parties”) for allegedly violating the Federal Competition and Consumer Protection Act (FCCPA) and the Nigerian Data Protection Regulation (NDPR).

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