The National Lottery Regulatory Commission has called for stronger partnerships to advance responsible gaming practices and support Nigeria’s economic goals.
This announcement was made at the NLRC’s 2024 Stakeholders’ Meeting in Lagos, themed “Strengthening Partnerships for Responsible Gaming and National Development.”
The meeting brought together industry stakeholders, regulatory bodies, and institutional partners to discuss the future of Nigeria’s lottery and gaming sector.
In his opening remarks, NLRC Director-General, Lanre Gbajabiamila, emphasised the importance of responsible gaming in Nigeria’s socio-economic landscape.
“The significance of responsible gaming, both in safeguarding the interests of our citizens and in contributing to Nigeria’s socioeconomic goals, cannot be overstated. Through collaboration, we aim to strike a balance between industry growth and social responsibility,” Gbajabiamila said.
Key presentations were delivered by institutional partners, including the National Lottery Trust Fund, the Nigerian Financial Intelligence Unit, and the Office of the National Security Advisor.
Discussions focused on regulatory advancements, cybersecurity, data protection, and ethical advertising, all aimed at creating a trustworthy and transparent gaming environment.
Gbajabiamila also underscored the essential role of the media and stakeholders in supporting the Commission’s mission. “Your role in documenting and supporting these developments is invaluable,” he stated, encouraging continued collaboration to bring transparency to the sector.
The Minister of Special Duties and Intergovernmental Affairs, Zaphaniah Jisalo, reiterated the government’s commitment to increasing revenue from the gaming industry to fuel economic growth and boost transparency.
“We are here to engage and strategize on how to improve revenue generation within the industry,” the minister said.
Emphasising the economic potential of the gaming sector, he noted that operators play a vital role in generating revenue, which is essential as the government seeks new streams to bolster Nigeria’s economic development.
“The gaming industry has significant potential as an economic driver for Nigeria,” he continued. “Through stronger collaboration with operators, we can enhance the economy.”
On the topic of transparency, the minister called for open dialogue and collaboration. “There are many issues we don’t need to force. We’re here to discuss openly and ensure we work better together,” he said, indicating that a cooperative approach could foster a healthier business environment.
The Executive Secretary of the National Lottery Trust Fund, Tosin Adeyanju, highlighted the Fund’s recent achievements and goals. Adeyanju shared that the NLTF had completed over 350 projects across various communities within the past four months, focusing on sports and health interventions.
“We are committed to using our resources for humanitarian services and good causes,” Adeyanju stated. “I have personally overseen projects in over ten states aimed at improving health and sports facilities, creating impactful changes for our people.”
Adeyanju also referenced the President’s newly launched four-year strategic plan, which will guide the NLTF’s activities through phased investments.
“This strategic plan is our focus moving forward,” he explained. “These projects are possible thanks to remittances from lottery operators, and we aim to do even more with the cooperation of stakeholders here today.”
