‘Lottery is essential for development’
In addition to human capital and natural resources, social resources is quietly emerging an important ingredient for socio-economic development.
Managing Director, Ayo Ojuroye, BET9JA, Nigeria’s betting operator, who revealed this in a conversation with newsmen in Lagos noted that lottery is a social resource that is positively changing the economic fortunes of countries across the world.
According to Ojuroye, “In Nigeria, the operation of lottery has precipitated increase in state revenue through payment of taxes and other levies paid to the government.”
He revealed that Bet9ja pays all taxes and levies due to it as an organization promptly in compliance with every Federal, State laws and best corporate governance practice.
He posited that for any nation to grow, it must possess the power to generate income internally so that the government can meet its civic obligation of providing infrastructure, such as roads, electricity, water, among others, as well as meeting recurrent expenditure.
“Lottery also invariably contributes to curbing unemployment as opportunities exist in gaming, for instance oddsmakers, analysts, security, cashiers, among others.
“Indeed, the job opportunities in lottery and sports betting are limitless and the revenue can help sustain the economy of the country,” he stated.
The gaming enthusiast noted that the induced impacts on the economy arises as employees/beneficiaries of the industry spend their wages in the broader economy – payment of rent, school fees, transportation, food, beverage, and entertainment.
Bet9ja offers the most exciting and rewarding experiences to our customers with the best odds, best bonus and fast payout of winnings, he stated.
He said that the firm’s most critical assets include its integrity and commitment to ensuring it provides the best service always.
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