The Nigerian Economic Summit Group and economic experts described the federal government’s ban on a social media network, Twitter, as ill-advised.
The NESG explained that the small and medium entrepreneurs, and other businesses would suffer, saying that the ban would compound Nigerians’ economic woes.
Others who spoke include a former President of the Association of National Accountants of Nigeria, Sam Nzekwe; a Professor of Economics and Public Policy, Prof Akpan Ekpo; the Association of Small Business Owners of Nigeria and the Lead Director, the Centre for Social Justice, Eze Onyekpere.
They lamented the impact of the suspension of Twitter operations in Nigeria on businesses, warning that the development was capable of triggering more job losses in the country
Techeconomy.ng reported that the federal government had suspended, indefinitely, the operations of the social media giant in the country.
Commenting on the report, Minister of Information and Culture, Alhaji Lai Mohammed, confirmed it to be true in a statement made available by Segun Adeyemi, the special assistant to the president on Media in Abuja on Friday, June 4.
Mohammed explained that the decision was taken to curb the persistent use of the platform for activities that are capable of undermining Nigeria’s corporate existence.
The minister, however, disclosed that President Muhammdu Buhari’s administration has also directed the National Broadcasting Commission (NBC) to immediately commence the process of licensing all OTT and social media operations in Nigeria.
This came barely 24 hours after microblogging and social networking service, Twitter, in Nigeria deleted President Muhammadu Buhari’s tweet.
President Buhari’s tweet against some people that were allegedly disturbing the peace of the nation was said to have contravened Twitter’s operational policy.
Commenting on the occurrence, the Minister of Information and Culture, Alhaji Lai Mohammed said: “Twitter had not been fair to Nigeria.”
This allegation surfaced barely one hour after Twitter on Wednesday deleted President Muhammadu Buhari’s tweet threatening action against the people supposedly disturbing the peace of the nation.