BETTING NIGERIA New minister Enoh rolls out five-point agenda for Nigerian sports 4 weeks ago Samuel Post Views: 114 Nigeria’s new sports minister John Enoh has revealed his plans to revamp the sector by identifying five key areas of growth. Enoh, a former senator and university lecturer, was named as sports minister last week by President Bola Tinubu to replace Sunday Dare. In a policy statement released today, Enoh listed job creation, tourism and hospitality, infrastructure development, sponsorship and advertising as well as sports betting as the key drivers to the growth of Nigerian sports. On job creation, the minister wrote: “The sports industry can generate employment opportunities across various sectors. This includes athletes, coaches, trainers, event organizers, stadium staff, sports marketers, broadcasters, sports journalists, and many others. These job opportunities can help reduce unemployment rates and improve the overall economic situation.” Enoh also suggested, on tourism and hospitality, that hosting international sporting events like the World Cup and Africa Cup of Nations would grow tourism in the country. “This influx of visitors brings revenue to the country through spending on accommodation, transportation, food, entertainment, and souvenirs. It also promotes Nigeria as a tourist destination, leading to long-term economic benefits.” On infrastructure development, the minister noted: “Developing sports infrastructure, such as stadiums, training facilities, sports complexes, and sports academies, requires significant investment. This investment stimulates economic growth by creating construction jobs and supporting related industries. Additionally, improved infrastructure attracts more sporting events and facilitates grassroots sports development.” Regarding sponsorship and advertising, Enoh believes successful sports teams or athletes attract sponsorships from various companies seeking brand exposure. “These sponsorships provide financial support to sports organizations and individual athletes, contributing to their training, equipment, and participation in competitions. Advertising associated with sports events and broadcasts also generates revenue through commercial partnerships and television rights,” – he added. While sports betting has its drawbacks, Enoh acknowledges its explosive growth in the country over the last few years, adding that it ‘generates substantial revenue and tax income for the government’. “Licensed betting companies contribute to the economy by creating jobs, paying taxes, and funding sports development programmes.” Source: ntm.ng 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: betting, minister, Nigeria, sport Continue Reading Previous Nigeria’s women’s soccer team advancesNext The Role of Big Data in Sports Betting More Stories BETTING KENYA Betting firms tax remittance hit Ksh 15B in FY2022/23 44 mins ago Szarlot EXPERTS NIGERIA Afreko Media Amplifies Its Betting Platform Portfolio With The Acquisition Of Gamblers.Africa 57 mins ago Szarlot BILLIARD NIGERIA Nigeria’s Male-dominated Sports Betting Industry 21 hours ago Samuel BETTING GHANA Why ‘Sewing Machine’ is trending in the world of sports betting 1 day ago Samuel BETTING NIGERIA The growing trend of mobile betting in Nigeria 2 days ago Samuel BETTING NIGERIA Innovations in responsible gambling: Betbonanza’s initiatives for safer betting 2 days ago Samuel BETTING ZAMBIA Amplifying Sports Betting with Music Ambassadors 3 days ago Szarlot BETTING UGANDA Uganda: Man Wins Shs 300,000 in Sports Betting, Dies Mysteriously 3 days ago Szarlot BETTING KENYA Exploring OdiBets: A Game-Changer In Kenyan Sports Betting 4 days ago Samuel NIGERIA ONLINE Crypto Betting: a growing trend in Nigeria 4 days ago Szarlot BETTING NIGERIA BetCorrect unveils AI-Powered online betting platform 4 days ago Szarlot BETTING KENYA Expand the war on betting addiction 1 week ago Samuel 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.