Why social media must be regulated — Tinubu

President Bola Tinubu says social media has become a societal menace and must be regulated.

The president, who spoke through his Chief of Staff, Femi Gbajabiamila, at a recent event in Lagos stressed the importance of accurate information in policy formulation and national development.

He berated the menace of the social media in the dissemination of fake and wrong information which has almost torn the country apart, stressing for the need to regularize the framework of news dissemination on social media to avoid mis-information in the country.

He emphasized the importance of data in policy formulation for the growth of the country, stating that no developing country can succeed without adequate and well-informed data.

He said that his administration has an obligation to engage in evidence-based discussion and data-reliant decision-making, hence the need for accurate data that will be used for better policy formulation and execution.