The Executive Secretary and Chief Executive Officer, ES/CEO, of the National Lottery Trust Fund, NLTF, Bello Maigari, has commended the Economic and Financial Crimes Commission, EFCC, for helping to widen the revenue base of the Fund through enhanced remittance inflows from N800 million to N2.1billion annually.
He gave the commendation in Abuja on Thursday, April 4, 2024 when he led his management team on a courtesy visit to the corporate headquarters of the Commission. Maigari stated that the intervention of the EFCC assisted his Fund to grow its revenue profile and number of lottery operators.
Maigari admitted that the lottery and gaming industry have grown significantly “to well over N2 trillion.” He, therefore, called for increased collaboration with the EFCC to sustain the growth and to recover outstanding liabilities from lottery operators.
Responding, the Executive Chairman of the EFCC, Mr. Ola Olukoyede, appreciated the visit and the good work Maigari is doing in the area of revenue mobilization and recovery. He charged him to work harder stressing that the Commission was ready to support his Fund in its drive for larger remittance inflows.
The EFCC boss urged Maigari to furnish the EFCC with intelligence on the number of registered and unregistered betting and gaming platforms across and outside the country, promising that unregistered ones would be compelled to comply with the laws of the nation to do the right things.
