NITDA denies involvement in CPM fund recovery claims
The National Information Technology Development Agency (NITDA) denied involvement in claims that it was assisting in recovering funds lost on the CPM online marketing platform, calling such assertions false and misleading. The agency warned Nigerians against making additional payments to fraudulent entities claiming government backing for fund recovery efforts.
Nigeria’s National Information Technology Development Agency (NITDA) has dismissed claims that it is assisting in the recovery of funds lost on the CPM online marketing and earning platform. In a statement issued Monday by Director Hadiza Umar, NITDA clarified it had not been involved in any recovery process for CPM users, who were reportedly told their accounts were hacked and extra payments were needed for assistance. The agency highlighted that CPM operators falsely informed subscribers that NITDA was supporting their fund recovery, requiring additional payments. NITDA emphasized it does not request or collect money from citizens for incident response, fund recovery, or assisting private entities with cybersecurity issues. The statement warned the public against making further payments to individuals or groups claiming NITDA’s endorsement. Such requests may indicate social engineering or fraud, exploiting victims under false pretenses. NITDA advised Nigerians to verify government claims through official channels and avoid sharing sensitive information with unverified entities. The agency urged caution when dealing with online investment platforms, advising against sending more money to recover losses. NITDA remains committed to cybersecurity awareness and protecting the public from cyber-enabled fraud and deceptive online activities.
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