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Reading: NATIONAL LOTTERY TRUST FUND, ECONOMIC AND FINANCIAL CRIMES COMMISSION RENEW PARTNERSHIP TO STRENGTHEN LOTTERY INDUSTRY
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Democracy Newsline Newspaper > News > News > NATIONAL LOTTERY TRUST FUND, ECONOMIC AND FINANCIAL CRIMES COMMISSION RENEW PARTNERSHIP TO STRENGTHEN LOTTERY INDUSTRY
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NATIONAL LOTTERY TRUST FUND, ECONOMIC AND FINANCIAL CRIMES COMMISSION RENEW PARTNERSHIP TO STRENGTHEN LOTTERY INDUSTRY

Democracy Newsline
Last updated: 2024/08/26 at 3:59 PM
Democracy Newsline 1 year ago
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NATIONAL LOTTERY TRUST FUND, ECONOMIC AND FINANCIAL CRIMES COMMISSION RENEW PARTNERSHIP TO STRENGTHEN LOTTERY INDUSTRY

The National Lottery Trust Fund (NLTF) and the Economic and Financial Crimes Commission (EFCC) have renewed their partnership to strengthen the lottery industry in Nigeria.

During a visit to the EFCC headquarters, NLTF Executive Secretary, Comrade Tosin Adeyanju thanked the anti-graft agency for recovering over N9 billion for the NLTF. He urged the EFCC to sustain its efforts in ensuring that all gaming companies remit their dues, which will enable the NLTF to achieve its mandates.

The NLTF Executive Secretary emphasized that the timely remittances by gaming companies is crucial in enabling the NLTF to fulfill its mandate of promoting GOOD CAUSES and supporting national development. He noted that through the remittances, the NLTF will be able to assist President Bola Ahmed Tinubu in providing critical support for various sectors, including education, water, healthcare, sport vulnerable Nigerians and disaster management, thereby improving lives of Nigerians.

EFCC Executive Chairman, Ola Olukoyede, congratulated the NLTF Executive Secretary on his appointment and commended the NLTF’s efforts. He assured the delegation of enhanced collaboration in debt recovery, stating that it is the EFCC’s statutory obligation to do so. Olukoyede emphasized that all recovered funds go to the relevant agencies and that the EFCC will continue to work on its mandate. He equally advised the Executive Secretary to do the right thing always because tomorrow someone else will review his activities.

The partnership aims to promote transparency and accountability in the lottery industry, ensuring that all stakeholders comply with regulations and remit their dues. This collaboration will also support the NLTF’s initiatives to contribute to national development and spreading of GOOD CAUSES across Nigeria.

Arowolo Solomon Alaba
Special Assistant to the Executive Secretary (Media & Corporate Communications)

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Democracy Newsline August 26, 2024
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