FG to leverage gaming sector’s potential to mobilise revenue

The Minister of Special Duties and Intergovernmental Affairs, Bitrus Jisalo, said an inclusive system to regulate Nigeria’s gaming industry is needed to increase income generation in the country. The minister said this at the National Lottery Regulatory Commission stakeholders’ meeting and management retreat held in Lagos, stressing the need for partnership between operators and regulators in the industry. Jisalo said a robust system is needed to ascertain this, noting that Nigerians must adopt a more responsible approach to gaming.

“We could promote a culture of respect, understanding, and collective growth. However, he said the focus of the stakeholders meeting is to collaborate and discuss ways to boost industry revenue generation,” he said. Also speaking, the Director-General of NLRC, Lanre Gbajabiamila, said the meeting was designed to inspire and educate stakeholders.



For him, the meeting was also aimed to foster collaboration and understanding among various stakeholders in the industry. Making a presentation on advertising, the Director-General of the Advertising Regulatory Council of Nigeria, Olalekan Dolapo, said the industry is properly regulated. Dolapo stressed the need for Nigeria to take proactive steps in regulating online materials and gaming organisations.

He explained penalties paid by some offenders in developed countries and the efforts of ARCON to meet current regulatory standards..