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

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

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

On June 4, the Federal Government announced the suspension of Twitter after the social media platform deleted a tweet by the President, Major-General Muhammadu Buhari . Telecommunication companies had on June 5 blocked access to Twitter after receiving a directive from the Nigerian Communications Commission to that effect.

According to the NetBlocks Cost of Shutdown Tool, Nigeria’s economy loses N104.02m every hour to the ban on Twitter. It has been 4,800 hours since the social networking site was blocked. 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. 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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

500 billion loss is peanut compare to the total sum that would have been Lost if this social media was allowed to continue his support for the disunity ethnic extremist who were gradually pushing the nation into anarchy

What of tweeter's losing....................? Both should come to the table and accepts everyone's rules and regulations for continuity.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin’s market cap loses $264.28bn in 50 days - Punch NewspapersThe most widely read newspaper in Nigeria
Source: MobilePunch - 🏆 8. / 63 Read more »


Source: GuardianNigeria - 🏆 1. / 94 Read more »

NERC: Over 25% Energy Wheeled by TCN Lost to Theft, Technical InefficiencyEmmanuel Addeh in Abuja Over 25 per cent of the total energy wheeled by the Transmission Company of Nigeria (TCN) to electricity Distribution Companies (Discos) is lost to theft and technical ineff…
Source: THISDAY LIVE - 🏆 14. / 51 Read more »

Whether court can remit a case to the chief judge for re-assignment because one of the parties lost confidence in court | The Guardian Nigeria News - Nigeria and World NewsLIVA & ORS v. SHETTIMA CITATION: (2021) LPELR-56080(CA) In the Court of Appeal In the Gombe Judicial Division Holden at Gombe ON TUESDAY, NOVEMBER 30, 2021 Suit No: CA/G/19/2021 Before Their Lordships: JUMMAI HANNATU SANKEY Justice, Court of Appeal TUNDE OYEBANJI AWOTOYE Justice, Court of Appeal EBIOWEI TOBI Justice, Court of Appeal Between 1. AUDU […]
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Enugu bans unauthorised use of school premises for activities | The Guardian Nigeria News - Nigeria and World NewsEnugu State Government has placed a ban on social or sporting activities at the state’s public educational institutions without approval, insisting that such approvals must be obtained upon request... Activities like political campaigns because it is unnecessary to use a school you don't provide learning facilities for campaign.
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Japanese space tourists return to Earth after 12 days on ISS | The Guardian Nigeria News - Nigeria and World NewsA Japanese billionaire returned to Earth Monday, after 12 days on the International Space Station where he made videos about performing mundane tasks including brushing teeth and going to the bathroom. 💰news outlet
Source: GuardianNigeria - 🏆 1. / 94 Read more »