Nigeria fines Meta $220M for violating consumer, data laws • Hacker News Board

Re: Nigeria fines Meta $220M for violating consumer, data laws

#21

Post by hulitu » Sat, Jul 20, 2024, 7:09 AM UTC

blackhawkC17 wrote: post #18

I’m Nigerian, and this is my take. This is just a shakedown move by a corrupt, extremely incompetent government looking for funding…they might have just begged Zuckerberg to donate directly. This country has never cared about data privacy. They literally handed our entire national identity database to dubious third parties, by refusing to implement basic security practices [1]. I hope Zuckerberg tells the government…

> This country has never cared about data privacy. They literally handed our entire national identity database to dubious third parties, by refusing to implement basic security practices

You are describing common procedures here. Welcome to EU. /s

Re: Nigeria fines Meta $220M for violating consumer, data laws

#22

Post by blackhawkC17 » Sat, Jul 20, 2024, 7:33 AM UTC

pojzon wrote: post #20

blackhawkC17 wrote: post #17

Earlier quoted context omitted.

Nigeria is Africa’s most corrupt country and run by a barely functional government. “Banana Republic” is a fitting description.

Whats your opinion on US and EU countries corruption?

It’s much lower than what we have in Nigeria and Africa at large.

The worst EU leader is far better than the average African leader. Then it gets worse with civil service agencies over here…they’re corrupt to the point of being almost irredeemable.

Re: Nigeria fines Meta $220M for violating consumer, data laws

#23

Post by fwn » Sat, Jul 20, 2024, 7:57 AM UTC

pojzon wrote: post #20

blackhawkC17 wrote: post #17

Earlier quoted context omitted.

Nigeria is Africa’s most corrupt country and run by a barely functional government. “Banana Republic” is a fitting description.

Whats your opinion on US and EU countries corruption?

Corruption has traditionally been difficult to quantify. There is the Corruption Perceptions Index, which uses perception as a (clever but tricky) proxy for actual corruption.

https://www.transparency.org/en/cpi/2023

To tie this into your conversation:

Nigeria would rank 145th, the US would be ranked 24th, and the lowest-ranking EU country, if I'm not mistaken, would be Hungary at 76th.

Re: Nigeria fines Meta $220M for violating consumer, data laws

#24

Post by snowpid » Sat, Jul 20, 2024, 8:04 AM UTC

hulitu wrote: post #21

blackhawkC17 wrote: post #18

I’m Nigerian, and this is my take. This is just a shakedown move by a corrupt, extremely incompetent government looking for funding…they might have just begged Zuckerberg to donate directly. This country has never cared about data privacy. They literally handed our entire national identity database to dubious third parties, by refusing to implement basic security practices [1]. I hope Zuckerberg tells the government…

> This country has never cared about data privacy. They literally handed our entire national identity database to dubious third parties, by refusing to implement basic security practices You are describing common procedures here. Welcome to EU. /s

What do you refer to?

Re: Nigeria fines Meta $220M for violating consumer, data laws

#25

Post by biztos » Sat, Jul 20, 2024, 9:33 AM UTC

samspenc wrote: post #11

extraduder_ire wrote: post #6

For reference: that's below $1 per resident.

True, but if we look at GDP ratios instead of population, it looks different. Nigeria's GDP in 2022 was $472B, compared to US's at $25.2T, so Nigeria's total economy is roughly 2% the size of the US. Meta / Facebook made $134B in revenue and $39B in net income (profit) last year. Assuming 1/3 of their business is in the US, that's roughly $43B revenue & $13B profit in the US last year. If we assume their business is…

According to the World Bank it’s less than that, but still it’s interesting to contemplate Meta monetizing the same in Nigeria and Colombia, and more or less the same in Romania:

https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?location...

I’d be shocked if the numbers were that high.

Re: Nigeria fines Meta $220M for violating consumer, data laws

#26

Post by qeternity » Sat, Jul 20, 2024, 10:50 AM UTC

samspenc wrote: post #11

extraduder_ire wrote: post #6

For reference: that's below $1 per resident.

True, but if we look at GDP ratios instead of population, it looks different. Nigeria's GDP in 2022 was $472B, compared to US's at $25.2T, so Nigeria's total economy is roughly 2% the size of the US. Meta / Facebook made $134B in revenue and $39B in net income (profit) last year. Assuming 1/3 of their business is in the US, that's roughly $43B revenue & $13B profit in the US last year. If we assume their business is…

> Assuming 1/3 of their business is in the US

Americans often massively underestimate the size and importance of the US.

Meta derives ~80% of its revenue from the US and Canada.

Re: Nigeria fines Meta $220M for violating consumer, data laws

#27

Post by pavlov » Sat, Jul 20, 2024, 11:58 AM UTC

hulitu wrote: post #21

blackhawkC17 wrote: post #18

I’m Nigerian, and this is my take. This is just a shakedown move by a corrupt, extremely incompetent government looking for funding…they might have just begged Zuckerberg to donate directly. This country has never cared about data privacy. They literally handed our entire national identity database to dubious third parties, by refusing to implement basic security practices [1]. I hope Zuckerberg tells the government…

> This country has never cared about data privacy. They literally handed our entire national identity database to dubious third parties, by refusing to implement basic security practices You are describing common procedures here. Welcome to EU. /s

The EU has the most advanced data protection laws on the planet. Sure, the competition is miserable, but at least Europe has tried.

Re: Nigeria fines Meta $220M for violating consumer, data laws

#28

Post by Ylpertnodi » Sat, Jul 20, 2024, 12:20 PM UTC

jeda96 wrote: post #15

astromaniak wrote: post #13

Earlier quoted context omitted.

Actually it was Nigerian princess for decades.

[flagged]

Is Nigerian a race? Did those emails not happen?

Given the terrible (deliberate) grammar mistakes, should we criticise any criticisms for also being elitist?

Re: Nigeria fines Meta $220M for violating consumer, data laws

#29

Post by chipdart » Sat, Jul 20, 2024, 1:29 PM UTC

hulitu wrote: post #21

blackhawkC17 wrote: post #18

I’m Nigerian, and this is my take. This is just a shakedown move by a corrupt, extremely incompetent government looking for funding…they might have just begged Zuckerberg to donate directly. This country has never cared about data privacy. They literally handed our entire national identity database to dubious third parties, by refusing to implement basic security practices [1]. I hope Zuckerberg tells the government…

> This country has never cared about data privacy. They literally handed our entire national identity database to dubious third parties, by refusing to implement basic security practices You are describing common procedures here. Welcome to EU. /s

> You are describing common procedures here. Welcome to EU. /s

You are grossly uninformed. Some EU countries even encoded in their own constitution how the state neither has the right to gather specific types of data on their population, such as race and political affiliation, but also they can't gather data that can used to track people, such as cross-referencing data across ministries.

Please provide any substance to your personal assertion.

Re: Nigeria fines Meta $220M for violating consumer, data laws

#30

Post by muro » Sat, Jul 20, 2024, 1:49 PM UTC

chipdart wrote: post #29

hulitu wrote: post #21

Earlier quoted context omitted.

> This country has never cared about data privacy. They literally handed our entire national identity database to dubious third parties, by refusing to implement basic security practices You are describing common procedures here. Welcome to EU. /s

> You are describing common procedures here. Welcome to EU. /s You are grossly uninformed. Some EU countries even encoded in their own constitution how the state neither has the right to gather specific types of data on their population, such as race and political affiliation, but also they can't gather data that can used to track people, such as cross-referencing data across ministries. Please provide any substance…

EU (Europe in general) has an enormous bureaucracy, that wants to know everything about its citizens e.g. you have to register after every move. Then on top of requiring the state knows, you have an expectation of privacy.