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The Federal Government and Twitter have begun talks toward lifting the suspension of the microblogging platform.
A source in the Presidency confirmed the development.
The source, who pleaded not to be named because he was not authorised to speak, said the suspension will be lifted when all the issues have been resolved.
The source said: โI can confirm to you that the engagement between the Federal government and Twitter management has commenced.โ
On when the suspension will be lifted, the source said: โThat would be when all the issues of the dispute have been properly trashed out.โ
The Federal Government on June 4 suspended Twitter indefinitely, drawing condemnation from Nigerians and the international community.
The Federal Government cited the persistent use of the platform for activities that are capable of undermining Nigeriaโs corporate existence as the reason for the decision.
Many described the ban as a violation of the right to free speech and access to information.
The suspension came soon after a tweet by President Muhammadu Buhari was deleted.
A delegation led by the Minister of Information and Culture, Alhaji Lai Mohammed was appointed to lead the discussion with Twitter.
The decision to ban Twitter in Africaโs most populous country has dealt a blow to its revenue ambitions, according to a report by africanews.com/.
It quoted a report by Netblocks Cost of Shutdown Tools, which uses the classic Free Digital App GDP impact technique.
The report says Nigeria has lost at least $243 million in 51 days since the Twitter shutdown.
Despite this, Twitter posted stronger-than-expected earnings for the second quarter thanks to growing advertising demand across all geographic regions and types of ad products.
The San Francisco-based company earned $65.6 million, or eight cents per share, in the April-June quarter. Thatโs up from a loss of $1.38 billion, or $1.75 per share, a year earlier.
Twitter recorded $1.19 billion in revenue in Q2 2021, against the $683.4 million Twitter reported for the corresponding period of Q2 2020.
The United Nations, foreign capitals from Washington to London and rights groups have all condemned the ban as a threat to freedom of expression.
The Nigerian Bar Association (NBA) and the Socio-Economic Rights and Accountability Project (SERAP) are challenging the ban in court.