Skip to main content

Lottery can play significant role in generating revenue for FG, says Commission

The National Lottery Regulatory Commission (NLRC) says lottery can play a more pronounced and significant role in contributing to the revenue of the Federal Government.

The Director-General of the commission, Mr Adolphus Ekpe, stated this in an interview with the News Agency of Nigeria (NAN) in Abuja on Friday.
Ekpe was speaking against the backdrop of the dwindling oil prices in the world market.
He said that steps had been taken by the commission to monitor and regulate lottery operators in the country in such a way that more money would accrue to the coffers of the Federal Government.
``I believe that lottery has to play a more pronounced significant role in contributing to the revenue of the federal government.
``My prayer is that the steps we are taking to monitor and regulate should actually yield the desired results.
``We expect to play a greater role because the economy should be moved outside the oil (sector).
``Lottery deals with human beings and the purchasing power.’’
The director-general also charged staff members of the agency to rededicate themselves to generating more revenue for the country.
He added that the commission was planning to send a director of the commission to Niger Republic and Morocco to study how their Ramadan lotteries operate.
He also said that the commission was working hard to ensure that it came up with a strategy that would make the people to embrace lottery beyond social and religious barriers.
``We have to be more dedicated, we have to work harder, we have to self-educate ourselves, we don’t have to sit down. We cannot say that government has not given us money, we will not work.
``We have to innovate, we have to think outside the box, we have to sacrifice, we have to put some personal sacrifice, work hard and you get success.
``So we believe that this year with the steps we are taking to regulate better, monitor better, we should be able to generate more revenue.
``Now with the strategy of coming up with socially acceptable and religiously acceptable products, we will get more people to embrace lottery.
``And if more people come in, it is expected that what will come out of it will be greater.’’
He said that the commission would work closely with the National Sports Commission to come up with attractive sports schemes that would make members of the public to participate in.
He said, ``Sports betting is not based on Nigeria league, it is based on foreign league and we can actually use sport lottery to generate more money.’’

Comments

Popular Posts

OMG! Small Children Rocking Themselves In Intimate Dance At A Party

Underage kids were video here dancing erotically to an equally indecent music at a children's party. After watching this video, I was was more than convinced that we are the last generation of homo sapiens (wise man/woman), the next generation are just evolving into some species that will shake everything we call values.

Photo: Nigerian Traffic Warden In An Uncommon And 'Patriotic' Display Of 'Solidarity' With A Bus Driver

Welcome to Nigeria. A country where everything is possible. The picture above might not mean much to readers overseas, but it tells a lot to the 'country men'. I love my country because of the indispensable, unequivocal and meticulous way that things are been done without another naked eye, seeing. That picture above na solidarity be that oh. Cheerful giving or showing love to a fellow hustler. The picture below would explain what i mean. Exchanging hard currency as bribe through the palm. Exquisite, isn't it? Corruption on a low-key level. I wonder why i even added Patroitism. Well, let it remain there. Written by John Akweh.

Health: Cure a Headache From Staring at the Screen on a Laptop

Staring at the screen of a laptop for too long can result in a headache. This is often caused by eyestrain. Other symptoms can include dry or watery eyes, stiff shoulders and neck, tired, itching or burning eyes and an increased sensitivity to light. These symptoms are a signal that you are not using the laptop properly and are making your eyes strain to do the work. It is not difficult to cure the headache and prevent this problem from reoccurring.