Senator Ned Nwoko has introduced a bill seeking to amend the Nigerian Data Protection Act, 2023, to regulate social media platforms, enforce tax compliance, and establish legal accountability for digital businesses operating in the country.
The proposed legislation, SB 650 (2025), aims to compel social media companies and online businesses to set up physical offices in Nigeria, ensuring they contribute to the economy and operate within the country’s legal framework.
TAXATION AND EMPLOYMENT OPPORTUNITIES
According to Nwoko, Nigeria loses at least $10 billion annually due to tax evasion by major digital platforms. He emphasized that these companies generate billions in revenue from Nigerian users but fail to contribute adequately to the economy.
“In the last ten years, Nigeria has lost over $50 billion because these companies refuse to pay their fair share of taxes,” Nwoko stated. “If they want to operate here, they must register, pay taxes, and create jobs for Nigerians.”
The bill proposes that these companies directly employ at least 200,000 Nigerian youths in roles such as customer service, content moderation, and technology.
REGULATING BLOGGERS AND DIGITAL CONTENT CREATORS
The bill also includes provisions to regulate bloggers and online content creators, ensuring accountability and professional conduct.
• Bloggers will be required to register with the Corporate Affairs Commission (CAC) and have a verifiable office address.
• They will be encouraged to join recognized media unions for industry standards and professional oversight.
• Taxation will apply to bloggers earning above a specified threshold under President Bola Tinubu’s new tax laws.
• Proper registration will allow bloggers to access loan facilities to expand their businesses.
“Bloggers are making money too and should pay taxes if they earn enough. When they are registered and belong to a known union, they can also access financial support,” Nwoko noted.
ENSURING COMPLIANCE WITH NIGERIAN LAWS
The bill seeks to improve legal redress and regulatory compliance by requiring international tech companies to register with Nigeria’s Corporate Affairs Commission (CAC) and establish local offices.
“At present, Nigerians facing issues with Facebook, Twitter, or any other platform have no direct office to lodge complaints. This must change,” Nwoko stated.
GLOBAL PRECEDENTS
Nwoko cited France, Ireland, and the UK as examples of countries that have successfully mandated tech companies to comply with local regulations.
“If these nations can enforce these rules, why should Nigeria be different? We must take charge of our digital space,” he said.
NEXT STEPS
The bill is expected to generate significant discussion among lawmakers, media professionals, and digital business owners. If passed, it could reshape Nigeria’s digital economy, increase government revenue, and create job opportunities for Nigerian youths.
