Economic Implications of the Twitter Suspension in Nigeria: Evidence from June 2021 to January 2022

The study analyses the Economic Implications of the Twitter Suspension in Nigeria: Evidence from June 2021 to January 2022. The objectives of the study are to examine the effect of twitter ban on unemployment rate, the effect of twitter ban on small and medium enterprises and the effect of twitter ban on investment in Nigeria. In line with the objectives of the study, three research questions and three hypotheses were advanced for the study. The survey design was used in the study while the sample comprised 387 respondents. A structured questionnaire containing 17 items was use as instrument for data collection. The reliability index of the instrument was 0.77. The descriptive statistical tool (mean) and chi-square inferential statistics were used for data analysis and test the hypothesis. The findings of the study show that twitter ban had significant effect on unemployment rate in Nigeria, twitter ban had significant effect on small and medium businesses in Nigeria and twitter ban had significant effect on investment in Nigeria. The study therefore concluded that twitter ban in Nigeria had significant effect on the Nigerian economy. It was recommended among others that government should device a means to reassure investor especially in the tech sector that the businesses is secured and will not suffer such a drastic punishment in the future and government should ensure that the interest of majority of Nigerians should come first before personal ego.