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FG Mulls Regulatory Framework For Facebook Over Growing Social Violence Among Nigerians

Published

4 years ago

May 18, 2022

Editor

The Federal Executive Council meeting, presided over by President Muhammadu Buhari on Wednesday, deliberated on some of the social vices promoted by Facebook without its knowledge.

Minister of Information and Culture, Lai Mohammed, who confirmed that the issue came up for deliberations at the FEC meeting, also accused Nigerians living outside the shores of the country of keying into the mass platform to incite violence back home without necessarily being aware of the implications.

Mohammed said the management of Facebook saw reasons with the Nigerian government and plans to do something about it in the future.

Recall that the Federal Government recently unbanned Twitter, following its readiness to comply with regulatory measures outlined by the government.

Despite having to suffer some economic losses in billions and local/ international criticisms, the Nigerian government banned the operations of Twitter for several months before rescinding its decision.

Asked whether the issue came up for discussions at FEC, Mohammed said, “Oh, yes, we did. I had a very fruitful meeting with Facebook yesterday. At that meeting, we expressed our displeasure that Facebook was becoming a power of choice for those who stay outside Nigeria, in particular, to incite violence, killings, burning of government properties, killing of soldiers and policemen.

“And that they do more than what they are doing now in looking at the contents, which are unwholesome, which are being used on their platforms, incidentally, the BBC did a documentary on this particular issue and found out that some of them who call themselves social media warriors in England, in France and other places, have in recent times, be using the Facebook platform to incite violence in Nigeria. And we’ve all seen the real life impact of those war mongering, the young couple who are going to marry, soldiers who were gruesomely murdered.

“Over this weekend in Anambra State, policemen were killed, military barracks were attacked. And we did warn Facebook to please do more than what they are doing now. And I must say that their response was quite encouraging. They said you’re going to do much more.”

While briefing State House Correspondents, Mohammed allayed fears of banning Facebook if it continues to incite violence.

He said, “I think I gave you an answer. We had a very robust discussion with Facebook. Facebook saw our point and they said they’re going to do much more than what they are doing. So if they do that, why would we ban them?, we don’t ban for banning sake. We ban or we only suspend operations if for any reason, lives are threatened and they do not listen. But this is an engagement”.

Related Topics:Facebook FEC Lai Mohammed

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Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

4 hours ago

May 6, 2026

Editor

Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.

Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.

La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.

The 24-year-old has two years left on his contract with the Serie A club.

The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.

He has been a regular feature for Lazio this season.

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Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

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4 hours ago

May 6, 2026

Editor

The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

“This contradiction will no longer be tolerated,” the statement said.

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N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

Published

6 hours ago

May 6, 2026

Editor

First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

“Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

“Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

“By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.