Nigeria, Twitter agreement risks collapse over global restructuring | The Guardian Nigeria News - Nigeria and World News

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The agreement reached by the Federal Government and management of micro-blogging platform, Twitter, about 10 months ago, may be heading for the rocks, following the recent acquisition by world’s richest man, Elon Musk...

The Twitter Headquarters in San Francisco, California on November 4, 2022. – Half of Twitter’s 7,500 employees were laid off on November 4, an internal document showed, as new owner Elon Musk began a major revamp of the troubled company. “Roughly 50 percent of the workforce will be impacted,” said a questions and answer email seen by AFP that was sent to Twitter employees who lost their jobs following last week’s mammoth $44 billion takeover.

By June 5, 2021, the suspension was effected by telecommunications companies as Nigerians woke up to a Twitter shutdown across all platforms. Part of the agreements reached between the two parties, according to a statement issued by FG in January, included that “Twitter is committed to establishing a legal entity in Nigeria during the first quarter of 2022.

“At the same time, the Law Enforcement Portal provides a channel for the law enforcement agencies to submit a report with a legal justification where it suspects that content violates Nigerian Laws. Taken together, these represent a comprehensive compliance apparatus. Meanwhile, a very close source monitoring development around Twitter, following the takeover by Musk, told The Guardian that feelers from the U.S-based firm showed that the African arm might be scrapped completely.

“We recognise that this will impact a number of individuals who have made valuable contributions to Twitter, but this action is unfortunately necessary to ensure the company’s success moving forward.”

Source: News Formal (newsformal.com)

 

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