Why we fined Meta, Facebook, Instagram operators – FG

Recalls that the government through the Federal Competition and Consumer Protection Commission (FCCPC) recently imposed a $220 million fine on Meta for data breaches.

“We are not necessarily being punitive. However, any institution that fails to cooperate or comply with our laws will be sanctioned,” Olatunji said.

The initiative is meant to equip workers of Ministries, Departments and Agencies (MDAs) of government with digital knowledge and skills.

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Olatunji said the probe of Meta Platforms Inc. required multi-agency approach to ensure a thorough and detailed investigation with appropriate mechanisms to resolve the issues.

“We are concerned about the ways and manners in which data of citizens are collected and managed in Nigeria and outside Nigeria.

“In so doing, we also consider the economic values for the citizens and the country and we want the global best standards and practices to be entrenched here.

“We are not necessarily being punitive. However, any institution that fails to cooperate or comply with our laws will be sanctioned,” he said.