BreakingHighlightTop StoryTrending Story

Twitter ban: Nigeria count loses, over $366m gone in two months

369

 

 

By Ajuma Edwina Ameh

 

Nigeria is estimated to have lost approximately N132.8 billion following the ban or suspension of micro-blogging site, Twitter, in Nigeria by the Federal Government.

Calculating the cost impact of the ban on the NetBlocks Cost of Shutdown Tool shows that Nigeria has lost $366,877,817 in 61 days.

According to the tool, Nigeria loses $250,600 for every hour Twitter is banned.

Persecondnews recalls that the Buhari administration had on Friday, June 4, 2021, announced the indefinite suspension of Twitter in Nigeria.

In the same development, the Attorney General of the Federation and Minister of Justice, Malam Abubakar Malami (SAN) also ordered the immediate prosecution of Nigerians still making use of the microblogging platform, despite the suspension of its operations in Nigeria.

The NetBlocks Cost of Shutdown Tool estimates the economic impact of an internet disruption, mobile data blackout or app restriction in a nation, using indicators from the World Bank, International Telecommunication Union, Eurostat and U.S. Census.

Leave a comment

Related Articles

Green card holders, foreign students may be deported if … – US VP Vance

U.S. Vice President JD Vance has reaffirmed the Trump administration’s tough stance...

Tragedy as woman leaps to her death from 3rd Mainland Bridge into Lagos Lagoon

A suicide mission was accomplished in Lagos when a woman took a...

Nigerian Customs Intercepts 1,149 Jerrycans of Smuggled Petrol Worth N37.8m

The Nigeria Customs Service has made a significant seizure, intercepting 1,149 jerrycans...

Tax Reform Bills: Reps adopt report, okay new VAT sharing formula for states

The controversy surrounding President Bola Tinubu’s Tax Reform Bills is finally subsiding...

CBN Raises Alarm Over Illicit Naira Transactions, Urges Strict Measures

The Central Bank of Nigeria (CBN) has expressed concerns over the growing...

NPA Reaffirms Commitment to Gender Equality, Women’s Empowerment – MD Dantsoho

The Nigerian Ports Authority (NPA) has reiterated its dedication to advancing gender...

Fernandes’ Hat-Trick Sends Manchester United to Europa League Quarter-Finals

Manchester United captain Bruno Fernandes scored a hat-trick to lead his team...

Tinubu Vows to Restore Nigeria’s Squandered Unborn Generations’ Wealth

President Bola Tinubu has revealed the motivation behind his administration’s efforts to...

Rivers Political Crisis Deepens as Lawyers Seek Supreme Court Judgment Review

The Rivers State political crisis has taken another turn as the Association...

Senate Backs Akpabio Amid Sexual Harassment Controversy, Passes Vote of Confidence

Amidst the ongoing controversy surrounding allegations of sexual harassment, the Senate has...

Exclusive: FCT Gishiri Demolition: More than 200 houses pulled down so far, says Madala, Youth Advocate

The demolition exercise in Gishiri Community, a suburb of Katampe District in...

Fresh trouble for VeryDarkMan as court orders his arrest over alleged defamation

Social media commentator Martins Vincent Otse, popularly known as VeryDarkMan (VDM), has...

Information Minister Hails Tinubu’s Commitment to Nigeria’s Economic Transformation

The Minister of Information and National Orientation, Mr. Mohammed Idris, has expressed...

Regina Daniels embraces spotlight, ignores swirling marriage controversy

Regina Daniels is taking a subtle approach to addressing the recent speculation...

We deliberately locked out Gov. Fubara – Rivers lawmakers

The Rivers State House of Assembly on Thursday reacted to the claim...

Suspension fallout: Natasha files contempt charges against Akpabio, others

Following a six-month suspension slammed on her by the Senate, the Kogi...

Senate to IPU: Natasha was suspended for misconduct

In bid to clear itself of alleged bias, the Nigerian Senate has...

Naira Depreciates to ₦1,585/$ in Parallel Market, ₦1,546/$ in Official Market

The Nigerian currency, the Naira, has continued its downward trend, depreciating further...

Lagos Assembly crisis: Tinubu reconciles aggrieved lawmakers, backs Speaker Obasa’s return

President Bola Tinubu has weighed in on the Lagos State House of...