LOTTERIES NIGERIA NCC, Lottery Commission renew MoU to stop unapproved lotteries in telecoms 11 months ago Samuel Post Views: 206 The Nigerian Communications Commission (NCC) has signed a revised Memorandum of Understanding with the National Lottery Regulatory Commission (NLRC), with provisions to deter unapproved lottery and gaming practices on telecommunications platforms through information and intelligence sharing. The Executive Vice Chairman of NCC, Prof. Umar Danbatta, noted that the MoU is in sync with the Commission’s Strategic Vision Plan (SVP). He added that it will promote fair practices in the industry for the protection of telecommunications consumers in relation to lottery and gaming activities. He further explained that the Commission’s SVP (2021-2025) provides for the facilitation of strategic partnerships and collaborations with other bodies to enhance service delivery. The initial MoU: Explaining why a revised MoU has to be signed, the NCC boss said the previous one expired. He said: “The initial MoU expired in 2022, amendments and modifications have been made since no MoU is cast in stone, especially given the industry’s dynamic nature.” Meanwhile, the Director General of NLRC, Mr Lanre Gbajabiamila, expressed confidence that the MoU will yield favourable outcomes in curbing illegal online gambling. According to him, the objectives of the collaboration will be achieved in the interest of gaming stakeholders. He noted how unapproved lottery and gaming activities and practices undermine the integrity of domestic and global gaming markets to the detriment of stakeholders in addition to undermining consumer confidence in these markets, hence the collaboration with the Commission to arrest such tendencies. Information sharing: Earlier in his opening remarks, the Executive Commissioner (Stakeholder Management), Barr. Adeleke Adewolu disclosed that the MoU was designed to address recent technology information-sharing capabilities, and consumer satisfaction and to enhance areas of co-regulation in line with the Federal Government’s digital economy mandate. The new MoU replaces one that was first signed by both organizations, which expired in 2022. It provides complementary approaches to deter unapproved lottery/gaming practices on telecommunications platforms through information and intelligence sharing in recognition of how unapproved lottery and gaming activities and practices undermine the integrity of domestic and global gaming markets to the detriment of stakeholders in addition to undermining consumer confidence in these markets. Under the agreement, following requests from NLRC, NCC shall endeavour to block or disable illegal lottery gaming operators on the telecommunications service providers’ platform in Nigeria and NLRC The document was developed by a Joint Implementation Committee (JIC) comprising representatives of NCC and NLRC to implement the MoU and other matters that promote collaboration between both organizations in their regulatory functions. Source: nairametrics.com About Post Author Samuel I am a journalist specializing in gambling in Africa and around the world. I am particularly interested in stories about games and casinos. See author's posts SamuelI am a journalist specializing in gambling in Africa and around the world. I am particularly interested in stories about games and casinos. Facebook Twitter LinkedIn Email Print Tags: Lanre Gbajabiamila, MoU, Nigeria, NLRC Continue Reading Previous Unregulated Nature Of Crypto Investments Remains A Key ProblemNext Google delists 5.6 million advertiser accounts More Stories NIGERIA ONLINE Residents of Nigeria, Turkey, and UAE Most Likely to Own Crypto 9 hours ago Samuel LOTTERIES SOUTH AFRICA Someone is holding a R25 million Powerball Plus jackpot ticket 11 hours ago Samuel BETTING NIGERIA Influencers are getting young Nigerians hooked on online gambling 13 hours ago Samuel LOTTERIES SOUTH AFRICA Someone is holding a R25 million Powerball jackpot ticket 3 days ago Samuel EXPERTS NIGERIA From savannah to silicon: Africa’s tech emergence unfolds 4 days ago Samuel EXPERTS NIGERIA CBN to Freeze Bank Accounts without BVN, NIN from March 2024 4 days ago Szarlot NIGERIA ONLINE Nigeria’s Economic Landscape and Forex Trading 1 week ago Szarlot BETTING NIGERIA Nigerian Bookmakers Strengthen Partnership with Gamble Alert 1 week ago Samuel BETTING NIGERIA The Dark Side of Virtual Betting 1 week ago Szarlot NIGERIA ONLINE Nigeria’s Battle With Online Betting 1 week ago Samuel BETTING NIGERIA How to Watch the African Cup of Nations? 1 week ago Samuel BETTING NIGERIA The innovative Melbetapk.com betting app 1 week ago Szarlot Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.