Lottery Trust Fund cautions against unethical practices
The National Lottery Trust Fund, has warned operators that the Federal Government would no longer tolerate sharp practices that undermine the growth and development of the sector.
The Acting Executive Secretary of the Fund, Bello Maigari, who handed down the warning at the handover of medical facilities to the General Hospital, Daura Local Government area of Katsina state, also urged operators of lottery in the country to ensure remittance of 20% o their proceeds to the Fund.
He said: “I wish to call upon our lottery and gaming operators, permit holders and licensees, and indeed business promoters that engage in one form of promotional lottery or an other to keep to their obligations of remitting 20% lottery proceeds directly to the Trust Fund, as required by law. As government will no longer tolerate sharp practices that undermine the growth and development of the sector in the country.”
Maigari stated that as an agency that is saddled with the mandate of promoting social inclusion for the citizens, it is poised to ensure that the specific objective of providing interventions to the hospital is principally meant to enhance the hospital’s capacity to cater for the wellbeing of its patients, children, and pregnant women either during emergencies or not is realised.
He added: “The exercise of equipping General hospital Daura with these critical medical facilities through funding from the national lottery is a clear demonstration of the Federal Government’s desire to foster better inclusion of the most vulnerable segments of our society especially women and children.”
Speaking at the presentation of the vital medical equipment to the hospital, the Secretary to the Government of the Federation (SGF), Boss Mustapha, who was represented by the Permanent Secretary, Special duties Office in the Office of the SGF, William Alo, lauded the Trust Fund for the initiative.
He reiterated the readiness of the Federal Government to harness the potential of lottery for national development.
“We are all aware of the huge potentials of lottery as a wealth generator. From the 2016 World Lottery Association records, wealth generated from lottery has been used to transform societies through the provision of infrastructural and other socio-economic developments across the globe, as evident in our sister African countries such as Morocco, Burkina Faso and Ivory Coast that generated N21.4billion, N3.9billion and N3.2billion respectively as revenue from lottery sales,” he said.
No comments yet