FGN has asked Twitter to fulfil some conditions before restoring its services. These conditions addressed legal registration of operations, taxation, and managing prohibited publication in line with Nigerian laws.
“Twitter has agreed to meet all the conditions set by the FGN. Consequently, the FGN and Twitter have decided on an execution timeline, which has started this week.
Twitter has committed to establishing a legal entity in Nigeria during the first quarter of 2022. The legal entity will register with the Corporate Affairs Commission. The establishment of the entity is Twitter’s first step in demonstrating its long-term commitment to Nigeria.
“Twitter has agreed to appoint a designated country representative to interface with Nigerian authorities. The Global Public Policy team is also directly available through a dedicated communication channel. Twitter has agreed to comply with applicable tax obligations on its operations under Nigerian law.”
According to the NetBlocks Cost of Shutdown Tool, Nigeria’s economy loses N104.37m ($250,600) every hour to the ban on Twitter. The ban lasted for 5,328 hours (222 days). This means that between June 5, 2021 and January 12, 2022, the Nigerian economy lost N556.11bn.
“Our engagement with Twitter opens a new chapter in global digital diplomacy and sets a new operational template for Twitter to come back stronger for the benefit of Nigerians,” the statement read.
The statement further listed the conditions that have been accepted by Twitter.
Twitter has committed to establishing a legal entity in Nigeria during the first quarter of 2022. The legal entity will register with the Corporate Affairs Commission. The establishment of the entity is Twitter’s first step in demonstrating its long-term commitment to Nigeria.
“Twitter has agreed to appoint a designated country representative to interface with Nigerian authorities. The Global Public Policy team is also directly available through a dedicated communication channel. Twitter has agreed to comply with applicable tax obligations on its operations under Nigerian law.”
According to the NetBlocks Cost of Shutdown Tool, Nigeria’s economy loses N104.37m ($250,600) every hour to the ban on Twitter. The ban lasted for 5,328 hours (222 days). This means that between June 5, 2021 and January 12, 2022, the Nigerian economy lost N556.11bn.
