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Published On: Sun, Oct 26th, 2014

Lottery Commission promises to generate N360bn annually

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From Femi Oyelola, Kaduna

The National Lottery Regulatory Commission (NLRC) has said that, it

can generate N360 billion into the Federal Government’s coffers annually, if at least 50% of Nigerian adult play lottery.

The Coordinator of NLRC, Kaduna Zone, Alhaji Idris Mohammed Faruk Jnr.

stated this while addressing a press conference, shortly before the commission’s sensitization road walk in Kaduna yesterday.

Alhaji Faruk also said, if well developed and regulated, lottery industry in Nigeria could be next to crude oil in revenue generation, adding that the constraint of the commission to generate such huge amount presently was because the lottery was not striving in Northern Nigeria, due to belief that, lottery is gambling and taboo. “With the popular ‘Baba Ijebu’ lottery in the South-western part of

Nigeria alone, the commission remits, N500 million into the Lottery Trust Fund annually”. “But, unfortunately, in the northern part of the country, lottery is

seen as a taboo. Lottery is not a taboo, but a globally accepted and played in the United States, United Kingdom, Dubai in United Arab Emirate and Morocco, etc.”

He also disclosed that, the commission was making frantic efforts to get religious leaders to pass ‘Fatwah’ (preaching) on lottery, so as to show to the Northern Muslim populace that lottery is not ‘haram’.

 

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