Nigerian business owners to pay N460,500 per month for Twitter verification

The microblogging site, Twitter, has said that businesses and organizations in Nigeria that want to get the verified badge on the social media platform will have to pay a sum of N460,500 every month.
It also added that the organization will pay an extra N23,030 monthly for each business or individual affiliated with them to get verified.
Twitter said that while the prices vary from country to country, it is subject to change.
This is coming as part of Elon Musk’s aggressive push to recover the $44 billion he invested in acquiring Twitter last year.
Recall that the company had initially rolled out Twitter Blue for individuals, it noted that the verification for businesses which gives a gold badge becomes available globally from Friday, March 31.
The company, while explaining what it means to be a verified organization or business, said that, “Verified organization is a new way for organizations and their affiliates to distinguish themselves on Twitter.
“Rather than relying on Twitter to be the sole arbiter of truth for which accounts should be verified, vetted organizations that sign up for verified organizations are in full control of vetting and verifying accounts they’re affiliated with.”
Meanwhile, Twitter’s chief executive, Elon Musk, said that the verification would help to eliminate impersonation on the platform.
Musk tweeted, “The verification is important to establish whether someone belongs to an organization or not, and will help to avoid impersonation.”