Interface Newshub
BusinessNews

“Lottery is Not Always Gambling”, says Minister Of Interior

The Minister of Interior, Dr. Olubunmi Tunji-Ojo has disabused the minds of Nigerians from the notion that lottery is always gambling even as he advocated for the country to focus on the non- oil sector for economic growth, adding that the lottery sector is a non-oil sector investment that is yet to be fully tapped into in Nigeria taking cognizance of the growing population.

He said lottery is not always gambling as held by some people. He noted that some Nigerians feed their families from the proceeds of lottery business.

The Minister said this while hosting the management team of the Nigeria Lottery Regulatory Commission (NLRC), led by its Director-General, Mr. Lanre Gbajabiamila in Abuja.

Noting that that there is an established correlation between lottery and crime, he said there is close link between lottery, gambling, drugs, money laundering and terrorism, hence the need for Ministry of Interior saddled with responsibility for internal security to partner with NLRC to provide a conducive atmosphere for foreign investors to operate in the country.

He commended the Director-General of the Commission for curtailing the abuses in lottery processes in Nigeria. He said this was attributed to the reforms instituted by him in the lottery sector.

Earlier, the Director-General National Lottery Regulatory Commission Mr. Lanre Gbajabiamila said he was in the Ministry of Interior to solicit for the Ministry’s support and collaboration to achieve ease of doing business for the foreign investors.

He said this is because lottery business attracts foreign investors, especially as it relates to the non oil sector. Mr. Gbajabiamila said that with the collaboration, the Commission will be able to identify investors in the sector.

Related posts

NCC Will Continue to Support Research, Akande Assures VCs, Rectors

Dayo Omoogun

2023: Dont get partisan in politics, Cleric tells Church leaders

Abraham Olorunsola

CAC Ends Registration of Schools As Businesses.

Dayo Omoogun

Leave a Comment