Nigeria loses $250,600 for every hour Twitter is banned
Nigeria is calculated to have lost N132.8bn ( approximately $366,88m) since Twitter was banned in Nigeria by the Federal Government.
We remember that the Federal Government banned Twitter in Nigeria on June 4 and the ban was effected on June 5. 61 days have gone by since the ban came into action.
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.
The ban came with many bad effects on the citizens and also on the country’s economy. It is calculated that Nigeria has lost $366,877,817 since the ban was effected, which means Nigeria loses $250,600 for every hour Twitter is banned.
The NetBlocks Cost of Shutdown Tool evaluates the economic consequence of an internet interruption, mobile data blackout or app restriction in a nation using indicators from the World Bank, International Telecommunication Union, Eurostat and U.S. Census.
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