Nigeria loses N499.32bn as Twitter ban hits 200 days

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Nigeria’s economy has reportedly lost N499.32bn to the ban of Twitter since it came into effect on June 4, 2021.

Recall that the Federal Government had on the 4th of June announced the suspension of Twitter after the social media platform deleted a tweet by President Muhammadu Buhari.

This was followed by Telecommunication companies blocking Twitter access on June 5 after receiving a directive from the Nigerian Communications Commission to that effect.

NetBlocks had reported that 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.

Buhari had, during his independence speech, hinted that the ban would continue until Twitter registered, had a physical presence, and representation in Nigeria.

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.

Keyamo, who is also a member of the committee set up to engage Twitter over its suspension, said, “The reason why the President took that step is to recalibrate our relationship with Twitter and not to drive them away from our country.That recalibration, we have started it and the president graciously added me to the committee.”

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