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FG to revitalise lottery industry in Nigeria

Engineer Babachir David Lawal SGF…task lottery operators

*Plans sanctions on operators indulging in alleged sharp practices

Secretary to the Federal Government (SGF), Babachir David Lawal, has said that the Federal Government would sanction any lottery operator who gets involved in sharp practices against the prescriptions of the Lottery Act and Laws of the country.

The SGF who stated this on Wednesday during the kick off of the distribution of  Sports equipment to 54 public primary schools at Birnin Kebbi.

He said that the money generated from the lottery are utilised for the good causes and welfare of Nigerians.

The Government Secretary which didn’t disclosed total amount set aside for the exercise nationwide  said that 2000 public primary schools across Nigeria would benefit from the exercise.

Lawal, represented by the Permanent Secretary Special Duties at the SGF office, Dr (Mrs) Amina Mohammed Bello Shamaki noted that there were enormous potentials in the lottery as wealth generator.

“This money kept with the trust fund which is 20% of the money generated through lottery activities is then used for good causes. Good causes are determined by government, in consultation with the stakeholders but with penetrative –benefits to the majority of Nigerian youths especially for sporting activities.

“When 20% of the money generated is paid to government coffers, 50% is paid back to those who actually play the
lottery.”

The SGF who enumerated benefits of the lottery said it would contribute a lot to the development of Nigeria with over 180 million people in the country.

“Therefore, government will do everything humanly possible to vitalise this industry that holds great promise for Nigeria in raising huge revenue. Let me at this juncture state here that it is not by coincidence that this event is taking place at the early stage of the life of this administration even though the Trust Fund was established 11 years ago. Today’s ceremony affirms the avowed commitment of this administration to change the life of every Nigerians positively in a manner that matters to them.

“Consistent with the economic blueprint of diversifying the economic base, the renewed focus on the lottery industry is a testimony that government is determined to harness needed resources wherever they may be found in order to continue to develop our economic potentials and apply them to the generality of Nigerians.

The Executive Secretary/chief Executive Officer of National Lottery Trust Fund, Engineer Habu Gumel who also warned lottery operators against sharp practices said any violator of the lottery would be dealt with.

“On this note, I call upon our lottery operators and licensees and indeed business promoters that engage in any form of promotional lottery to keep to their obligations of remitting 20% proceeds to the Trust Fund. As government will no longer tolerate sharp practices that undermines the growth and development of lottery good causes in the country.”

In his speech, Kebbi state governor, Senator Abubakar Atiku Bagudu who was represented by the Secretary to State Government (SSG) Alhaji Babale Umar Yauri commended the Federal Government and the National Lottery Trust Fund for extending the gesture to the state stressing that the equipment would be protected and judiciously utilised by the pupils and their teachers.

 

 

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