The Federal Government through the National Lottery Regulatory Commission (NLRC) has vowed to weed out some Sports betting companies in the country.

The frantic decision was taken following the discovery of some sports betting companies operating in Lagos State with forged permits, Naija News understands.

NLRC Director-General, Lanre Gbajabiamila, in a statement handed down on Monday through the commission’s spokesperson, Magnus Ekechukwu, said some officials of the defaulting companies have been arrested and would be made a scapegoat to their likes still ghosting around.

Gbajabiamila said that the Commission will deploy every available legal instrument to weed out all criminal elements operating within the Nigerian gaming industry.


He reiterated that the arrested criminals are being prosecuted to serve as a deterrent to others who could be nursing similar ideas.


The NLRC DG found it strange and disturbing that in the present dispensation people could want to defraud the federal government believing they would not be arrested.

He said, “Let all criminals steer clear of the lottery industry because I can assure them, they would be arrested and prosecuted.

“The criminals already arrested will serve as an example to other criminal elements to defraud the government.

“We will neither allow nor tolerate such criminality in our industry,” Gbajabiamila emphasized.

He further stated that the Commission stands for integrity, transparency and accountability which are the hallmarks of the gaming business in Nigeria.

The DG stressed that any operator who fails to heed these core values runs the risk of violating the rules and guidelines of the Commission; a situation that attracts stringent consequences.

He called on staff of the Commission, licensed operators, as well as the general public to be more vigilant in the quest to fish out illegal operators who are out there to thwart the good effort of the Commission in building a robust Nigerian gaming industry, while also encouraging the licensed operators to always play by the rules.

Source: https:///FG-Moves-To-Weed-Out-Some-Sports-Betting-Companies-In-Nigeria

Pls oohh,,I never collect my money from bet9ja oo..I will get it soon sha by God's grace..And again,,they should compel d surviving ones to increase their odds...

Honestly bet9ja don injure me,,even my last card to eat,,na bet9ja e dey go...There was a day I went to d bank,,when d lady that attended to me showed me my transaction history,,shame dey catch me...All na bet9ja n daily data for mtn in order to book games..

Weed them all.
Betting has destroyed more life than hard drugs.
I repeat weed them all.

Another segment of the economy that needs to be nationalized as quick as possible! Some of these strategic areas need to be recalibrated in ways that allow the government to make money off them! The cement industry! The telecommunications industry! The betting industry! The solid minerals industry and ofcourse Oil and Gas! In some, government should go for half the stake in companys total equity! I don't see anything reasonably different that they're doing compared.

Some of these very lucrative aspects of the economy needs to be nationalized and handed over to some business boards being managed for the Army and police. That's how the security agencies in most countries fighting serious wars or facing serious enemies make more money away from meager budgetary allocations.

Some totally brainwashed black people will come over here to start quoting all sorts of regurgitated bullshit about free trade and privatisation. Go and tell that to China.. Ask them to tell you how to raise extra monies to fund the on going wars and they will go silent! Ask them to show you the added reinvestments in other strategic areas of the economy by these rent seekers parading around as prime investors, who got all these business permits from the Nigerian government for pittance but only uses the mega proceeds and profits to buy mansions in Dubai and London, they will keep quiet!

Rugaria:
Another segment of the economy that needs to be nationalized as quick as possible! Some of these strategic areas need to be recalibrated in ways that allow the government to make money off them! The cement industry! The telecommunications industry! The betting industry! The solid minerals industry and ofcourse Oil and Gas! In some, government should go for half the stake in companys total equity! I don't see anything reasonably different that they're doing compared.

Some of these very lucrative aspects of the economy needs to be nationalized and handed over to some business boards being managed for the Army and police. That's how the security agencies in most countries fighting serious wars or facing serious enemies make more money away from meager budgetary allocations.

Some totally brainwashed black people will come over here to start quoting all sorts of regurgitated bullshit about free trade and privatisation. Go and tell that to China.. Ask them to tell you how to raise extra monies to fund the on going wars and they will go silent! Ask them to show you the added reinvestments in other strategic areas of the economy by these rent seekers parading around as prime investors, who got all these business permits from the Nigerian government for pittance but only uses the mega proceeds and profits to buy mansions in Dubai and London, they will keep quiet!

We are talking of privatizing more companies and you are talking about nationalization so that they can appoint aboki to run the companies down and steal billions as usual abi?

You think you are in 1972

Karlovych:
Drugnibu and his Oluwole companies need to be flung into the lagoon too, he has done more harm than good to Nigerians

Tinubu on this thread?

Wonders

Betting is a legitimate fraud. A country like Nigeria don't need Betting companies.

Penguin2:


We are talking of privatizing more companies and you are talking about nationalization so that they can appoint aboki to run the companies down and steal billions as usual abi?

You think you are in 1972

Go and tell that to China who dominates the so called free market economy of the world with many products from pro establishment factories. Like they say in China, what matters is not how you caught the rat but that you caught the rat! Problem with your type is that you gobble everything line hook and sinker. China Telecom is almost owned by the Chinese security branch. The China Mobile, is almost totally owned by the same Chinese government. Chinese companies in Oil and Gas are wholly owned by The Chinese government! The China Bank and The China Bank of Commerce and Industry, are all state owned. CESCO that is the main indigenous Chinese shipping line is state owned! The list is endless and in every sector of the Chinese economy..And you know what?

All these companies are amongst the highest earners and top dogs in the Chinese economy. Do your research! Infact most of these real estate, chemicals, and trading companies that pretend to be private entities from China are nothing but state cooperations being privately managed by proxies in order to avoid WTO sanctions. This is why the The PLA is awash with cash year in year out, irrespective of the fact that the statutory budgetary allocations are many times smaller to say that of The US. If your problem in Nigeria is tribalism, fight to fix that, but don't use that argument to push for an economic agenda that only favors a tiny group of totally corrupt elite , while the majority of the people become poor spectators in the running of their countrys economy.

Rugaria:

Go and tell that to China who dominates the so called free market economy of the world with many products from pro establishment factories. Like they say in China, what matters is not how you caught the rat but that you caught the rat! Problem with your type is that you gobble everything line hook and sinker. China Telecom is almost owned by the Chinese security branch. The China Mobile, is almost totally owned by the same Chinese government. Chinese companies in Oil and Gas are wholly owned by The Chinese government! The China Bank and The China Bank of Commerce and Industry, are all state owned. CESCO that is the main indigenous Chinese shipping line is state owned! The list is endless and in every sector of the Chinese economy..And you know what?

All these companies are amongst the highest earners and top dogs in the Chinese economy. Do your research! Infact most of these real estate, chemicals, and trading companies that pretend to be private entities from China are nothing but state cooperations being privately managed by proxies in order to avoid WTO sanctions. This is why the The PLA is awash with cash year in year out, irrespective of the fact that the statutory budgetary allocations are many times smaller to say thtnof The US. If your problem in Nigeria is tribalism, fight to fix that, but don't use that argument to push for an economic agenda that only favors a tiny group of totally corrupt elite , while the majority of the people become poor spectators in the running of their countrys economy.

Funny how you can draw comparisons with China to make your point but if Peter Obi did this same thing, you would be among those to call him Obi China…

Now to your argument, do you even understand that China is a Communist Country while Nigeria is Democratic and Capitalist Country?

Or you don’t understand the difference between Communism and Capitalism?

And to those Chinese companies doing well like you said, do you know why? Because they appoint the best brains to head them. They do not appoint based on quota system or due to some ethnic or primordial sentiments and consideration.

Again, in China, once you are convicted of corruption, you are executed publicly which makes the public officials accountable and transparent in dealing with those state owned companies.

Can your aboki senators agree to the introduction of death penalty for corruption in Nigeria?

Please always understand things clearly before putting your mouth into them.

Again with the misplaced priorities.

Long overdue...
Betting have destroyed most of our youths

adenigga:



The Federal Government through the National Lottery Regulatory Commission (NLRC) has vowed to weed out some Sports betting companies in the country.


The frantic decision was taken following the discovery of some sports betting companies operating in Lagos State with forged permits, Naija News understands.

NLRC Director-General, Lanre Gbajabiamila, in a statement handed down on Monday through the commission’s spokesperson, Magnus Ekechukwu, said some officials of the defaulting companies have been arrested and would be made a scapegoat to their likes still ghosting around.

Gbajabiamila said that the Commission will deploy every available legal instrument to weed out all criminal elements operating within the Nigerian gaming industry.


He reiterated that the arrested criminals are being prosecuted to serve as a deterrent to others who could be nursing similar ideas.


The NLRC DG found it strange and disturbing that in the present dispensation people could want to defraud the federal government believing they would not be arrested.

He said, “Let all criminals steer clear of the lottery industry because I can assure them, they would be arrested and prosecuted.

“The criminals already arrested will serve as an example to other criminal elements to defraud the government.

“We will neither allow nor tolerate such criminality in our industry,” Gbajabiamila emphasized.

He further stated that the Commission stands for integrity, transparency and accountability which are the hallmarks of the gaming business in Nigeria.

The DG stressed that any operator who fails to heed these core values runs the risk of violating the rules and guidelines of the Commission; a situation that attracts stringent consequences.

He called on staff of the Commission, licensed operators, as well as the general public to be more vigilant in the quest to fish out illegal operators who are out there to thwart the good effort of the Commission in building a robust Nigerian gaming industry, while also encouraging the licensed operators to always play by the rules.

Source: https:///FG-Moves-To-Weed-Out-Some-Sports-Betting-Companies-In-Nigeria

this betting has package alot to village, I have seen many. Greed is the course. You won use 10k win 1m Ole

Rugaria:

Go and tell that to China who dominates the so called free market economy of the world with many products from pro establishment factories. Like they say in China, what matters is not how you caught the rat but that you caught the rat! Problem with your type is that you gobble everything line hook and sinker. China Telecom is almost owned by the Chinese security branch. The China Mobile, is almost totally owned by the same Chinese government. Chinese companies in Oil and Gas are wholly owned by The Chinese government! The China Bank and The China Bank of Commerce and Industry, are all state owned. CESCO that is the main indigenous Chinese shipping line is state owned! The list is endless and in every sector of the Chinese economy..And you know what?

All these companies are amongst the highest earners and top dogs in the Chinese economy. Do your research! Infact most of these real estate, chemicals, and trading companies that pretend to be private entities from China are nothing but state cooperations being privately managed by proxies in order to avoid WTO sanctions. This is why the The PLA is awash with cash year in year out, irrespective of the fact that the statutory budgetary allocations are many times smaller to say that of The US. If your problem in Nigeria is tribalism, fight to fix that, but don't use that argument to push for an economic agenda that only favors a tiny group of totally corrupt elite , while the majority of the people become poor spectators in the running of their countrys economy.

You can't be comparing nigeria with China

Who can steal 80bn in China?

Which region in China can say he's seeking independence even HG, Taiwan is been hunted down

China's running a unique form of communism, nigeria is running a unique form of democracy due to ethnic and religious issues

China is already a world power prospect

Penguin2:


Funny how you can draw comparisons with China to make your point but if Peter Obi did this same thing, you would be among those to call him Obi China…

Now to your argument, do you even understand that China is a Communist Country while Nigeria is Democratic and Capitalist Country?

Or you don’t understand the difference between Communism and Capitalism?

And to those Chinese companies doing well like you said, do you know why? Because they appoint the best brains to head them. They do not appoint based on quota system or due to some ethnic or primordial sentiments and consideration.

Again, in China, once you are convicted of corruption, you are executed publicly which makes the public officials accountable and transparent in dealing with those state owned companies.

Can your aboki senators agree to the introduction of death penalty for corruption in Nigeria?

Please always understand things clearly before putting your mouth into them.

China is not a communist state.

No country is.

lereinter:



You can't be comparing nigeria with China

Who can steal 80bn in China?

Which region in China can say he's seeking independence even HG, Taiwan is been hunted down

China's running a unique form of communism, nigeria is running a unique form of democracy due to ethnic and religious issues

China is already a world power prospect

Can you list what makes China a communist state?

FG be making several moves lately..

Well, that's not one of our many problems as a nation...

Big cap

If they can weed all out honestly.. They have destroyed the furlture of so many promising young men.. They have caused more harm to the society..

Anytime you read about FG moving anywhere, forget it. They're not moving anywhere.
Just lamba

Make them first start from Bet9ja and 1xbet. Those people don show me shege.


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More like treating Headache when you have Malaria.

Nawa o

Better.

Lol...many of them na scam...

Bet9ja right now

Great news

Weed out?
Why not cocaine out

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