Nigeria, May 4 -- The Federal Competition and Consumer Protection Commission (FCCPC) has dismissed Meta's claim that it may exit Nigeria after being fined by the West African country, calling it a "calculated move" to force the commission to reconsider its stance on data privacy regulations.

In a statement on Saturday, the FCCPC Director of Corporate Affairs, Ondaje Ijagwu, said Meta has faced similar penalties in the European Union and countries like the United States, India, South Korea, France, and Australia, without threatening to exit those markets.

"Threatening to leave Nigeria does not absolve Meta of liabilities for the outcome of a judicial process," Mr Ijagwu wrote.

According to him, threatening to leave Nigeria does not abso...