Nigeria will generate no less than N1 billion monthly from the newly launched Nigeria National Games (NNG), the National Lottery Regulatory Commission (NLRC) has said.
The commission said it hopes to achieve this through its pragmatic approach to the game launched by the federal government in Abuja on Monday, in partnership with Elrae Technologies Company.
Minister of Special Duties and Intergovernmental Affairs, Sen. George Akume, said initiative had been in the works since the enactment of the National Lottery Act in 2005 and the establishment of the NLRC.
“Most concerning is the proliferation of unregulated foreign games in Nigeria and export of revenues due to heavy patronage by Nigerians.
“It is apparent that Nigeria needs its own national lottery brand, ” he said,
He added that a national game would reposition the domestic lottery industry, better secure Nigerian players, enhance operational performance and deliver greater revenues to the government.
