Senate Summons Akume Over Lottery Revenue

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The Senate has summoned the Minister of Special Duties, Senator George Akume, over the alleged failure of lottery operators to remit appropriate revenues

Adedeji accused the NLRC of failing to implement the terms of agreement to set up the Ghana Games Lottery Commission in Nigeria in order for Western Lotto be earning its due commission.But the Managing Director of Premier Lotto, Mr. Ajibola Adebutu, asked the Senate to disregard the claim by Adedeji, saying granting such request would make the Western Lotto an operator and regulator at the same time.

He said the the committee have decided to summon the Special Duties Minister and the NLRC board members to resolve the contentious issue by next Monday. “All over the world, lottery is an an avenue to generate revenue. What we discovered is that the country is not getting much revenue from the lottery operators.

“We have resolved that all monies generated should go to the Federal Government directly. It is now the Federal Government that will determine who has the franchise and pay him the percentage due to him. “It is Mr President that constitutes the board so? We will ask the minister to communicate to the executive that it had contravened the Act that established the commission for not including the South-East and South-South geopolitical zones on the board,” Ogba said.

He further noted that lottery in Nigeria had the potential to increase the county’s revenue base from the $1557.7bn global lottery market based on a study which indicated that Nigerians spent over N2bn on sports betting daily and about $2.2bn per annum.

 

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