Nigeria ‘Loses N24.72bn’ In 10 Day Due To Twitter Ban
Nigeria has lost N24.72bn in 10 days due to the Twitter ban imposed by the Federal government. The Federal government on June 5 placed an indefinite suspension of the operations of the microblogging app in Nigeria after the site took down a tweet posted on the President's handle. The Federal government last week said the microblogging site has since reached out for discussions and that the Federal government will now give operating licence to such sites if they want to operate in Nigeria. According to NetBlocks Cost of Shutdown Tool, an international Internet monitor, Nigeria loses N102.9m ($250,600) every hour to the ban. The digital rights advocacy platform estimates the economic impact of an internet disruption, mobile data blackout or app restriction using indicators from the Worl...