Since the Federal government took down the microblogging platform Twitter on June 4, 2021, the Nigerian economy has lost N499.29 billion.


According to the NetBlocks Cost of Shutdown Tool, the Twitter ban costs Nigeria’s economy N104.02 million ($250,600) every hour. The social networking site has been banned for 4,800 hours (200 days).

The Federal Government suspended Twitter on June 4 after the social media platform erased a message from President Muhammadu Buhari. Telecommunication firms were ordered to ban access to Twitter for their subscribers as part of the shutdown.

Buhari intimated during his Independence Day speech that the ban would remain in place until Twitter was registered in Nigeria, had a physical presence, and was represented. Festus Keyamo, the Minister of State for Labour and Employment, recently announced that Twitter had agreed to the nation’s terms for lifting the ban.

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In other news, President Muhammadu Buhari will retire to Kaduna state at the end of his term in 2023, according to Governor Nasir el-Rufai.

El-Rufai stated this to State House Correspondents following a meeting with Nigerian President Muhammadu Buhari on Tuesday, December 21.

He also mentioned that, although being from Katsina state, President Buhari had spent the majority of his life in Kaduna.

According to the Governor,

“Mr President has been invited to come and commission some of our projects. He will spend two to three days in Kaduna commissioning projects in Kafanchan, Kaduna and Zaria.

“As you know, the President is a Kaduna-based citizen. He is originally from Katsina state, but he spent most of his life in Kaduna. And he’s retiring to Kaduna.

“We hope that he will be happy with what we have done and he will be proud of what we have done as an APC government, and we appreciate all the support that he has given us to enable us to do this.”