Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Nigeria can earn N250bn annually from lottery, says commission's boss

14 October 2013, 17:37

Port Harcourt - The National Lottery Regulatory Commission said on Monday,  Nigeria could earn N250 billion annually from the lottery if properly harnessed.

The Director-General of the Commission, Adolphus Ekpe, told the News Agency of Nigeria (NAN) in Port Harcourt that the country had a huge market to earn revenue from lottery.

He said lottery could earn as much revenue as the oil and gas industry and that the commission would hold a retreat in Dec. to re-strategise and promote the awareness of lottery.

"Because, as the new Director-General of the Commission, my preliminary assessment of the place reveals that there is the need for re-strategising in the operations of the commission

"The management retreat, which is scheduled to hold from Dec. 5 to Dec. 7, is bringing in the top management of the Commission and then, all the zonal coordinators.

"We have 14 branches and zones. Every geo-political zone has an office of the commission, and then there were additional offices set up to promote the awareness of lottery.

"Bringing all these coordinators together and all the management staff members together to enable the management to re-strategise so that we can come up with better implementation strategies for the commission.’’

Ekpe said the management of the Commission intended to correct lapses in the discharge of its functions.

He also said the Commission’s offices in the zones and states would be made functional to attract operators of lottery in the country.

"Lottery is something that can generate revenue for the government outside crude oil and other natural resources. Lottery is the next oil boom in the country.

"It will be very effective if Nigerians actually know how to go about it and they are not deprived the opportunity to go about it,’’ he said.

Ekpe commended the Federal Government for appointing him the director-general of the commission, assuring the government that lottery would be taken to a greater height during his tenure.



Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...