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NATIONAL LOTTERY REGULATORY COMMISSION
The Director-General of the Cross River State Lotteries and Gaming Agency, Mr. Michael Eja, has projected that the newly introduced reciprocity licensing framework of the Federation of State Gaming Regulators of Nigeria (FSGRN) will significantly expand revenue streams for state governments while boosting investor confidence in Nigeria’s gaming sector.
Staff members of the National Lottery Regulatory Commission (NLRC) have sought the federal government's intervention following the Supreme Court's judgment nullifying the National Lottery Act 2005, enacted by the National Assembly.
Lottery activities have been identified as a goldmine that can generate revenue for the country if well managed.
Due to the rise in internet penetration, the gaming industry has continued to expand, benefiting immensely from the...