NIGERIA Nigerian authorites team up to fight gambling corruption 3 years ago Iwo Bulski Post Views: 519 The Nigerian National Lottery Regulatory Commission (NLRC) and the Corporate Affairs Commission (CAC) have struck a new partnership fight “unscrupulous companies” in the country’s gambling industry. Both organisations have agreed to work closely to vet licence applications from potential lottery operators as well as “plug leakages” in the system. “This collaboration has been long overdue […],” Lanre Gbajabiamila, Director General of the NLRC, said. Our mandate is to regulate lottery, sports betting and gaming activities in Nigeria. Our Commission can only do so much on its own because of the way the industry has grown and continues to grow. Abubakar Garba, registrar general and chief executive of the CAC, said the commission had experienced problems in the past regarding registration of lottery operators and hoped that the collaboration would prevent these issues in the future. In January, the NLRC prohibited the operation, promotion and sale of tickets of all unapproved foreign lottery games after multiple instances of operators failing to pay players’ winnings. “We have had issues in the past with the registration of lottery companies,” Garba said. “This made us revisit the earlier requirement that approval in principle must be obtained from the NLRC before such registration. But we have been mindful of the need to properly regulate these companies. Generally, as an agency, we have dispensed mostly with the approval in principle because of delay in the process,” – he explained. “Instead of asking for approval in principle, we will create database for the NLRC so that from the comfort of your office, you would be able to verify whether a company is registered with us as a lottery company.” Gbajabiamila said that the two organisations already worked together to scrutinise potential lottery operators, but will step up these efforts. “Since I assumed office two years ago, we have, together with the CAC, been tackling frivolous business names to confirm whether they are registered with the CAC or not,” – Gbajabiamila said. “The NLRC took it upon itself to first of all vet applications through [the CAC, which] in turn, sent them back to us for confirmation. I believe that is the spirit of working together as Federal agencies to ensure the mandate and preaching of Mr. President [Muhammadu Buhari] on anti-corruption and leakages are taken care of.” Source: igamingbusiness.com About Post Author Iwo Bulski Issues related to the gambling business is engaged in more than 30 years. My empirical experience gives me the opportunity to present events and companies from this business with full knowledge and industry knowledge. See author's posts Iwo BulskiIssues related to the gambling business is engaged in more than 30 years. My empirical experience gives me the opportunity to present events and companies from this business with full knowledge and industry knowledge. Facebook Twitter LinkedIn Email Print Tags: corruption, gambling, Nigeria Continue Reading Previous Nigerians Can Now Buy Bitcoin From Stores and ATMsNext Nigeria – regulators want to better control the gambling industry More Stories EXPERTS NIGERIA GamStop And Responsible Gambling in Nigeria 22 hours ago Szarlot EXPERTS NIGERIA Is the Cryptocurrency Noise in Nigeria Gradually being Silenced? 2 days ago Samuel NIGERIA ONLINE Are Offshore Casinos Competing for a Share of the Nigerian Gambling Market? 3 days ago Samuel BETTING NIGERIA Can Nigeria Return to the World Cup Finals in 2026? 7 days ago Samuel NIGERIA ONLINE The Legal Landscape for Nigerian Online Casinos 7 days ago Samuel NIGERIA ONLINE Three Most Popular Payment Methods For Online Casinos 1 week ago Samuel BETTING NIGERIA Nigerian players running rings in foreign leagues 1 week ago Samuel BETTING NIGERIA PARIPESA Pays Out 500 Million Naira One-Night Win 1 week ago Samuel BETTING NIGERIA BetKing Celebrates Nigeria’s New Para World Champion 2 weeks ago Samuel BETTING NIGERIA Why Sports Betting Continues To Gain Traction in Nigeria 2 weeks ago Szarlot EXPERTS NIGERIA How workers, agents impact on gaming industry 2 weeks ago Szarlot EXPERTS NIGERIA How investing in Africa became the new trend 2 weeks 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.