National

Meta set to allow Nigerian content creators to monetise platform

VOICE AIR MEDIA, VAM News Update

Meta – the parent company of Facebook, Instagram, WhatsApp and Threads – is set to launch a new feature on its Instagram and Facebook app in June 2024, aimed at empowering Nigerian creators to monetize their content and earn a livelihood through the platform.

This announcement was made by Meta’s President of Global Affairs, Nick Clegg, following a meeting with President Tinubu at the presidential villa earlier today, March 21.

Speaking after the meeting, Clegg expressed gratitude to President Tinubu for facilitating an executive order crucial to the landing of Meta-backed deep-sea cable infrastructure in Nigeria.

He said, “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.

“We buried the cable 50 per cent deeper than any other subsea cables under the seabed.”

He further emphasized the cable’s potential economic impact, saying: “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.”

Clegg added: “We have a lot to do with Nigeria to deepen partnerships.”

Meta to introduce feature that allows Nigerian creators to monetise their content

Announcing the new feature, he said: “We will, in June 2024, introduce a feature on our Instagram app that will allow Nigerian creators to monetize their content to enable them to earn a living using the app.”

Also speaking, Minister of Communications, Innovation, and Digital Economy, Dr ‘Bosun Tijani, Nigeria’s Minister of Communications, Innovation, and Digital Economy, echoed the importance of Meta platforms in Nigeria, stressing the need for collaborative engagements to drive development in the digital economy sector.

He emphasised the importance of collaboration, stating, “We must continue to engage to create opportunities for our people so they can also share in global prosperity.”

NOTE: YOU can join our WhatsApp, Telegram for the news updates you need by sending your name & location to WhatsApp No. @ Wa.me/+2348111142174
PLEASE SEND STRICTLY TO WHATSAPP, DON’T SEND SMS MESSAGE OR CALL.
FOR your Advert Placement, Press Release, Press Conference, Interviews, Media & Publicity.
CONTACT VAM WHATSAPP NO. Wa.me/+2348072633727
voiceairmedia@gmail.com
PressRoom@ +2348111142174

VAM News

Recent Posts

162 Victims Killed by Bandits in Kwara communities

News Update Armed gunmen killed at least 162 people during attacks on two villages in…

1 hour ago

Two students die in hotel during matriculation party

News Update Two students of Adekunle Ajasin University, Akungba-Akoko (AAUA), have died after a swimming…

2 hours ago

Eeman Foundation Wins Osun Science Competition

Eeman Foundation Secondary School, Osun State, has emerged as the overall winner in the Senior…

2 hours ago

Aunty Ajara Reportedly Passes Away

Ajara Lasisi, the Nigerian actress popularly known as Aunty Ajara in the Yoruba film industry,…

3 hours ago

Nigerian student jailed for posing as doctor in UK

A Nigerian woman living in the United Kingdom has been convicted after she worked in…

4 hours ago

Nnamdi Kanu seeks to quash conviction in fresh appeal

The convicted leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, has lodged a…

4 hours ago