From Okwe Obi, Abuja
The Federal Government, has said it would generate over ove N1 billion from the upcoming National Game, adding that scheme was designed to compete with that of Ghana which has shown to be an economic growth catalyst.
Director General, National Lottery Regulatory Commission, Lanre Gbajabiamila, who stated this yesterday in Abuja, noted that the Commission was working with relevant stakeholders to maximise full revenue potential in the lottery industry.
Gbajabiamila also disclosed that the lottery sector in Nigeria has not been able to support the country’s economic growth drive as much as it should be, chiefly because of its handling.
He added that the stakeholders meeting scheduled at the instance of the Minister of Special Duties and Inter-governmental Affairs, Senator George Akume, was to galvanise support for the smooth implementation of the Lottery Central Monitoring System.
For him, the unified system will enable government monitor the activities of Lottery operators and also collect appropriate revenue accruing from lottery business.
He further explained that Nigeria has more populations than Ghana, and could take advantage of its numbers to build the economy through lottery.
“We are looking at a billion Naira monthly increase in the revenue generation, and we will build up to what we have now.
“We are looking at billions of Naira, especially when we have every body hooked up to the Central Monitoring System, where we will be seeing transactions made online, real time or anywhere in Nigeria.
“The National game is a game that we are trying to roll out . It will be made by Nigerians and for Nigerians, in contrast to what we have in Ghana. Our operators in Nigeria also use the Ghana games.
“We want to replicate what the Ghanaians are doing with the Ghana game. We have 200 million Nigerians, that will enhance the revenue coming into Nigerian lottery market,” he said.