Social media company Meta has announced when Nigerian content creators can monetize their works on their social media platforms.
Meta announced on Thursday that, beginning in June 2024, content creators from Nigeria will begin monetizing their works.
Sir Nick Clegg, Meta’s President of Global Affairs, stated this while leading a Meta Platforms Incorporated team to meet President Bola Tinubu at the State House in Abuja.
“Sir Clegg also said Meta will introduce a feature on its Instagram app in June 2024 that will allow Nigerian creators to monetize their content to enable them to earn a living using the app,” presidential spokesperson Ajuri Ngelale said in a statement.
According to Clegg, the Meta’s head praised Tinubu for issuing the executive order that allowed the Meta-backed deep-sea cable to land in Nigeria.
“It is an extraordinary infrastructure project. When it comes on stream in the first quarter of 2025, it will be twice as much as the capacity of all subsea cables that exist,” he said.
“We buried the cable 50 percent deeper than any other subsea cables under the seabed. It is more powerful and more extensive in terms of its geographical connectivity. It could yield up to 37 billion dollars worth of increase in economic activity in the next two or three years across the African continent.”
Sir Clegg was not the only one who spoke during the event. President Tinubu wants Meta to invest more in Nigeria, especially young people.
“For us in Nigeria, we have a vibrant, gifted, and resourceful youth population. Recognizing that the future is most likely to be AI-enabled, we have to prepare our youths and make them ready to compete and participate in the global economy,” Tinubu said.
“I can assure you that Nigeria is open for business. We want to lead the African continent in digital technology. Data is valuable to our development. We are ready to cooperate on technological advancements. It is the only way to go. We need a collaboration that will be a win-win for all.”
In other news, Kanye West, an American rapper, has promised to continue flaunting his wife, Bianca Censori, on social media.
He resorted to Instagram to explain his choice.
West, who was responding to accusations that he overly flaunts his wife on social media, added that his wife brings him joy, which he incorporates into his songs.
In a video statement released on Instagram, West said:
“Ima post my wife as much as I want bro It makes me happy. Some people don’t want you to be happy. They want you to make them happy I decided to make myself happy and I’m happy with.”
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