Twitter ban: Nigeria estimated to have lost over N132.8bn in two months

Nigeria have reportedly lost N132.8bn ( approximately $366,88m) since Twitter was banned in Nigeria by the Federal Government.

The Federal Government had banned Twitter in Nigeria on June 4 and the ban began on June 5. now 61 days since the ban came into effect.

 

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 saying, Nigeria loses $250,600 for every hour Twitter is banned.

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.

 

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