Sunday, May 22, 2022

Nigeria Loses N499.29bn As Twitter Ban Hits 200-Days

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The Nigerian economy has incurred N499.29bn losses since the microblogging app, Twitter, was shut down by the Federal government on June 4, 2021. Twitter

According to the NetBlocks Cost of Shutdown Tool, Nigeria’s economy loses N104.02m ($250,600) every hour to the ban on Twitter. It has been 4,800 hours (200 days) since the social networking site was blocked.
READ ALSO: “Bitcoin Is Legal Tender’ – Hackers Take Over Narendra Modi’s Twitter Account With 73m followers

Twitter Ban In NigeriaThe Federal Government on June 4 announced the suspension of Twitter after the social media platform deleted a tweet by President Buhari. The suspension came with a directive to telecommunication companies to block access to Twitter for their subscribers.
READ ALSO: Twitter Has Agreed To All FG’s Condition – Festus Keyamo

While giving his Independence Day speech, Buhari hinted that the ban would continue until Twitter registered in Nigeria, had a physical presence, and representation. Recently, the Minister of State for Labour and Employment, Festus Keyamo, said Twitter had agreed to the nation’s conditions for the suspension to be lifted.

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