Social Media Bill: FG to Meet Facebook, WhatsApp, Twitter, Others

Image

By Dipo Olowookere

Efforts are being made by federal government to meet owners of social media platforms like Facebook, Instagram, WhatsApp, Twitter and others.

Minister of Information and Culture, Mr Lai Mohammed, informed national executive of the Nigeria Union of Journalists (NUJ) led by its president, Mr Chris Isiguzo, that the proposed meeting is to carry them along on the anticipated social media bill before the National Assembly.

Mr Mohammed, who said government will not back down on the bill, noted that stakeholders would have to gather to choose the best available options for regulating social media so as to clampdown on hate speech and fake news.

”Let me be clear: We are going ahead with our plan to stop, as much as we can, the anarchists, non-patriots and purveyors of fake news and hate speeches.

“No responsible government will sit by and allow these purveyors of fake news and hate speech a free reign. That’s why many countries of the world are taking measures to regulate the social media,” Mr Mohammed said.

He listed the options open to the government in regulating the social media as including technology, legislation and the use of regulatory bodies, saying, “It is up to the stakeholders to decide the best option.”

“But we have also taken the initiative to meet, very soon, with the platform owners, like Facebook, WhatsApp, Google, Twitter and Instagram, among others, to engage them on the way forward,” the Minister said.

He called on NUJ to lead the ongoing efforts to rid the social media of fake news and hate speech, emphasising that it was in the interest of the organisation and other media bodies to be in the vanguard of the campaign.

“As a matter of fact, the NUJ and other media professional bodies should take the lead in sanitizing the social media space, because they will be the first victim when the people lose confidence in the media due to the reckless actions of non-journalists and purveyors of fake news and hate speech,” he said.

The Minister stressed that the plan by federal government to regulate the social media was not aimed at gagging journalists or stifling free speech, saying “only the purveyors of fake news and hate speech need to be worried.”

He assured that the federal government will not act unilaterally in deciding the strategy to adopt in regulating the social media, saying, “We will work with stakeholders, including the NUJ, Guild of Editors, Newspaper Proprietors Association of Nigeria, the Civil Society, Online Publishers, Bloggers, etc.”

According to him, while the debate on the social media regulation has been robust, with some commentators supporting the plan and others opposing it, the federal government will not relent in its quest to inject sanity into the social media.

Share
Related Stories
Image
28-February-2024

Dangote Cement Wins Environmental Sustainability Award

By Aduragbemi Omiyale NatureNews has announced Dangote Cement Plc as the winner of the 2023 NatureNews Environmental Sustainability Award at its 3rd anniversary themed Climate Change and Energy Transition in Nigeria. At the Anniversary Lecture and Presentation of the Hero of Environmental Actions for Development (HEAD) held on Tuesday at the Shehu Musa Yar’Adua Centre, Abuja, the news platform said Dangote Cement was nominated for the category following a thorough screening by eminent professionals. The Publisher and Editor-in-Chief of NatureNews, Mr Aliyu Akoshile, disclosed that during the screening, it was discovered that the cement maker had deployed cutting-edge technology to

Image
27-February-2024

Full List of MDAs to be Affected by Oronsaye Report

By Modupe Gbadeyanka On Monday, February 26, 2024, the Federal Executive Council (FEC) approved the implementation of the Stephen Oronsaye Report about 12 years it was submitted by the former Head of Civil Service. The information has continued to generate reactions from various quarters, with some saying it is just a diversionary tactic employed by the government of President Bola Tinubu to shift attention away from the current economic hardship in the country. The report recommended the trimming of the federal government’s ministries, departments, and agencies (MDAs) to cut the cost of governance, especially because some of them have duplicity

Image
27-February-2024

NIN-SIM Linkage: Court Stops Telcos from Deactivating Subscribers’ Lines

By Modupe Gbadeyanka Telecommunication operators in Nigeria have been restrained from deactivating the phone lines of their subscribers who fail to link their SIMs to the National Identification Numbers (NINs) as directed by the federal government. This directive was given by Justice Ambrose Lewis-Allagoa of the Federal High Court in Lagos in a suit filed by a lawyer, Mr Olukoya Ogungbeje, who argued that the action was an infringement on his fundamental rights. The Nigerian Communications Commission (NCC), the regulatory agency for the telecommunications sector in the country, had ordered GSM network providers to deactivate all phone lines not linked

More Stories
Image
20-March-2021

Best Pre Workout Routines for Every Day

When talking about fitness routines, you may credit your weight loss and muscle development to the gym. However, the gym is only a single factor and the things you do before and after also matters. If you know exactly what you need to do before heading into the gym and after you get home, you can tweak your routines with the help of a personal training booking software to get the maximum effects and progress. Experts say that the exercises are the easy part. You may lift some weights, run, jog, walk, or bench press for an hour, and this

Image
31-January-2024

Senate Summons CBN Governor Over Falling Naira, Economy

By Aduragbemi Omiyale The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso, has been summoned by the Senate Committee on Banking, Insurance, and Other Financial Institutions. Chairman of the committee, Mr Adetokunbo Abiru, who is a former banker, said the CBN chief is to appear before members of the team next Tuesday. He is expected to explain the steps being taken by the apex bank to save the Naira and the ailing economy from total collapse. The Naira weakened to N1,510/$1 in the parallel market on Wednesday, and on Tuesday, it crashed to N1,482/$1 in the official

Image
06-October-2023

Global Food Prices Remain Flat

By Adedapo Adesanya Prices of food in the globe remained unchanged in September 2023, according to measuring indices by the United Nations’ Food and Agriculture Organisation (FAO). The FAO Food Price Index (FFPI) averaged 121.5 points in the month under review, almost unchanged from its value in August, as declines in the price indices of vegetable oils, dairy and meat had offset increases in the sugar and cereal price indices. At this level, the index stood 14.6 points (10.7 per cent) below its corresponding level a year ago and 38.3 points (24.0 per cent) from the all-time high reached in

Image
19-July-2017

What Each State Got as Paris Club Refund from FG

By Dipo Olowookere Yesterday, the Federal Government, through the Ministry of Finance, announced the release of another tranche of N243 billion of the Paris Club Refund to the 36 states of the federation as well as the FCT. The money was released on the condition that a minimum of 75 percent would be used to pay workers’ salaries and pensions for states that owe salaries and pension. It was another tranche of Paris Club refund of over-deductions on Paris Club, London Club Loans and Multilateral debts on the accounts of states and Local Governments from 1995-2002. Below is what each

Image
09-July-2022

Mouka Acquires Equipment for Quality Tests on Full-Sized Mattresses

By Modupe Gbadeyanka The desire to satisfy the needs of its consumers has inspired Mouka to equip its world-class laboratory with two additional machines aimed to carry out quality tests on full-sized mattresses instead of the lab sample foam sizes in the past. According to the Quality Assurance, R&D, and Process Improvement Manager at Mouka, Mr Chimezie Nwosuagwu, “With these machines, we can conduct wholistic mattress performance assessment on mattresses.” He further said, “We can now carry out a Mattress Durability Test, which shows us mattress resistance to deflection and deformation impact of human weight and movement on the properties

Image
10-August-2021

How Audit Based Funding Can Increase Impact of Government’s Interventions for SMEs

In the history of providing financial interventions for the Small and Medium Enterprises (SMEs) in Nigeria, a mix of funding in different areas, to support the textile, manufacturing, agriculture, pharmaceuticals and housing sectors have received a boost to ensure the growth and sustainability of these industries in order to reduce the burden and effects of unemployment in Nigeria. What comes to mind is that the support provided for these small businesses should produce a cumulative effect in job and wealth creation as well as contribute to national and economic development by moving most Nigerians out of the poverty line into

Image
17-August-2020

EFCC Arrests Soldier, 26 Others for Yahoo Yahoo

By Modupe Gbadeyanka A serving military personnel with the Nigerian Air Force, Lance Corporal Ajayi Kayode, has been arrested by operatives of the Economic and Financial Crimes Commission (EFCC). A statement issued by the anti-graft agency explained that Mr Kayode was apprehended by its officials in Lagos State following a tip-off from concerned members of the public about his alleged involvement in criminal activities. It was stated that the soldier was picked up in the Lekki area of the state alongside his friends, 26 in number, believed to be involved in internet fraud commonly known as Yahoo Yahoo in Nigeria.

Ad
Ad
Recent Stories
Image
02-March-2024

Endosurvivors Foundation Set For Another Endometriosis Awareness

By Adedapo Adesanya EndoSurvivors International Foundation (ESIF), an NGO championing endometriosis awareness in Nigeria, has announced its upcoming events in commemoration of the Global Endometriosis Advocacy Month in March, fondly tagged March4Endo by advocates all over the world.  Endometriosis is a chronic and inflammatory condition that affects approximately 1 in 10 girls and women in Nigeria and on a global scale. This sums up to about 190 million affected girls/women around the world, about the population of Nigeria in 2018.  The World Health Organisation (WHO) recognizes that endometriosis has significant social, public health, and economic implications leading to a decrease

Image
02-March-2024

CSCS, FrieslandCampina Lift NASD OTC Bourse by 0.31%

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange returned to the positive territory after it gained 0.31 per cent on Friday, March 1, thanks to the duo of Central Securities Clearing System (CSCS) Plc and FrieslandCampina Wamco Nigeria Plc. CSCS Plc added 81 Kobo to its value to sell for N19.46 per unit compared with the preceding day’s N18.65 per unit, and FrieslandCampina improved by N1.15 to settle at N71.4o per share, in contrast to Thursday’s closing price of N70.25 per share. However, Aradel Holdings Plc continued its price depreciation yesterday as it shed N6.75 to sell at N2,395.00

Image
02-March-2024

Naira Now N1,548.25 at Official Market, N1,560/$1 at Black Market

By Adedapo Adesanya The Naira sustained its gradual recovery against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Friday, March 1, appreciating by 2.94 per cent or N46.86 to sell at N1,548.25/$1, in contrast to the N1,595.11/$1 it was traded on Thursday. Also, in the spot market, the Nigerian currency improved its value against the Pound Sterling during the trading day by N90.13 to close at N1,956.06/£1 versus the previous day’s N2,046.19/£1 and against the Euro, it gained N76.39 to trade at N1,675.25/€1, in contrast to the N1,751.64/€1 it closed a day earlier. The supply of

Image
02-March-2024

Crude Oil Jumps 2% as Traders Sight Possible OPEC+ Cuts

By Adedapo Adesanya Crude oil appreciated by about 2 per cent on Friday as traders awaited a decision from the Organisation of the Petroleum Exporting Countries and allies (OPEC+) on supply agreements for the second quarter. Yesterday, the price of Brent futures went up by $1.64 or 2 per cent to $83.55 per barrel and the US West Texas Intermediate (WTI) futures rose by $1.71 or 2.19 per cent to $79.97 a barrel. For the week, Brent added around 2.4 per cent while WTI gained more than 4.5 per cent. Analysts noted that the expectation that OPEC+ is going to

Image
02-March-2024

NGX Indices Nosedive by 1.23% as Traders Resume Profit-Taking

By Dipo Olowookere The bears made a quick return to the Nigerian Exchange (NGX) Limited after leaving the stage for the bulls for a day as investors reassessed the impact of the hike in the benchmark interest rate by the Central Bank of Nigeria (CBN) on Tuesday on their investments. On Friday, the key performance indicators of the bourse closed lower by 1.23 per cent as a result of renewed selling pressure, especially in the energy and industrial goods sectors. Business Post reports that at the close of transactions on the first trading session of March 2024, the industrial goods

Image
01-March-2024

CBN Revokes Operational Licences of 4,173 BDC Operators [FULL LIST]

By Aduragbemi Omiyale The operational licences of 4,173 Bureaux De Change (BDC) operators have been revoked by the Central Bank of Nigeria (CBN). A statement signed by the acting Director of the Corporate Communications Department of the apex bank, Mrs Hakama Sidi Ali, on Friday disclosed that the action was taken because the affected BDCs did not adhere to regulatory provisions. The central bank said the BDCs did not pay all necessary fees, including licence renewal, within the stipulated period in line with guidelines. It also said they failed to give account of returns in line with the guidelines, and

Image
01-March-2024

BREAKING: Popular Yoruba Comic Actor Sisi Quadri Dies

By Modupe Gbadeyanka A popular Yoruba comic actor, Mr Tolani Quadri Oyebamiji, otherwise known as Sisi Quadri, has died, according to reports. However, the cause of his death is still unclear as of the time of filing this report. There are speculations that he briefly fell ill before his passing, though he was seen publicly some months ago with a fellow comic actor, Sanusi Izihaq, who is well-known as Apa or Apankufor. Sisi Quadri, who died at the age of 44, was recently gaining fresh public attention with his comic act with Apa and others. His demise has hit the

Image
01-March-2024

Transcorp Power to List Shares on Nigerian Exchange March 4

By Dipo Olowookere Another power generating company will join Geregu Power Plc on the Nigerian Exchange (NGX) Limited, Business Post has gathered. The new firm joining the nation’s flagship stock exchange is Transcorp Power Plc, a company owned by businessman and Chairman of UBA Plc, Mr Tony Elumelu. Information reaching this newspaper is that Transcorp Power is listing its shares on the NGX by introduction on Monday, March 4, 2024. The organisation is taking to the stock market about 7,500,000,000 units of its equities at N240.00 each, increasing the total value of the local equity market by N1.8 trillion. Its

Image
01-March-2024

Risevest Suspends Crypto Payment as Clampdown Intensifies

By Adedapo Adesanya Foreign stocks trading and investment firm, Risevest, has voluntarily announced a temporary suspension of cryptocurrency assets in Nigeria until the current wave of clampdown on operations settles. In a notice sent to customers on Friday and seen by Business Post, the platform said users won’t be able to fund their wallets using cryptocurrency as it allowed. The company revealed that it noticed that there has been an uptick in funding and possible gaming of the system, and warned against this. “We’re temporarily suspending crypto funding on Rise for users in Nigeria, pending clarity on the regulatory landscape.

Image
01-March-2024

Foreign Capital Into Nigeria’s Energy Industry Plunges 42.8% to $3.64bn in 2023

By Adedapo Adesanya Foreign capital inflows, which gauges the level of foreign investment into the country, through the Nigerian oil and gas industry in 2023 dropped by 42.8 per cent to $3.64 million from the $6.37 million recorded in 2022. This is contained in the latest data obtained from the Nigeria capital importation report for the fourth quarter of 2023 released recently by the National Bureau of Statistics (NBS). The NBS revealed that total foreign capital inflow into the oil and gas sector in 2023 accounted for 0.09 per cent of total foreign capital inflow into the Nigerian economy in