Lottery commission partners EFCC, ICPC to curb fraud, boost revenue
The National Lottery Regulatory Commission (NLC) is partnering with anti-corruption agencies to curb fraud in the lottery system, its Director-General, Lanre Gbajabiamila, has said.
According to him, the collaboration with “the National Information Technology and Development Agency (NITDA), the Economic Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC)” will help “to combat cyber fraud that is associated with lottery in the country.”
A statement signed by Magnus Ekechukwu, assistant director, Public Affairs, of the commission, quoted Mr Gbajabiamila as saying on Tuesday that part of the plan to tackle fraud is setting up of a central monitoring system.
This, he said, would ensure that all earnings due to government on lottery were collected with precision.
Mr Gbajabiamila said with the new system, all the loopholes and drains in the lottery business would be blocked to ensure that all taxes and revenues payable to government are fully collected and remitted.
He said this could make the commission become one of the top revenue earners for Nigeria.
I am upbeat that in a matter of some few years, lottery shall become a major source of revenue for Nigeria,”
Mr Gbajabiamila said further that with the arrangements being put in place by the commission, lottery would soon be contributing significantly to “the federal treasury as it is being done in advanced countries like America, UK and Spain.”
‘Commission raking in billions’
He also claimed that that the commission under his watch had been reogarnised and “raking in billions of Naira for the government and it has continued to grow steadily since then”.
The Director General said the commission under his leadership was totally committed to the goals of the administration of President Muhammadu Buhari on the diversification of Nigeria’s economy.
“We have remained tirelessly ingenious in engendering means of improving on revenue earnings for Nigeria and bettering lottery business in all ramifications,” he said.