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Nigeria Targets N360bn From Lottery

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Nigeria has the potential to earn at least N360 billion from
lottery per annum, Director -General of the National Lottery Regulatory
Commission (NLRC), Mr. Peter Igho, said in Abuja, yesterday.

He made the declaration when he told newsmen that the
revenue would be earned if lottery was run properly.

Igho expressed regret that Nigeria was yet to tap into the
revenue potential which could spur rapid development in country.

“I established a study and that study is of great interest
because it showed that the potential of lottery in this country is not less
than N360 billion revenue per annum, if run properly.

“If all things are on ground to ensure that lottery was
carried out in the country with transparency and integrity; that all those who
were licenced to operate were doing so following all the rules of lottery.

“It’s not surprising because if you realise that in the UK
for example with its population of less than one third of our population, about
75 per cent of the population of Britain plays the lottery every week with the
average of a disposable income of three pounds, fifty pence each.

“In 14 years of the lottery, they have generated over £22
billion for good course, that’s well over £1.5 billion per annum.

“With our population of a 150 million, even if 50 per cent
play that, you will realise that the potential in terms of revenue is quite
big.’’

Igho also said Nigerians were misinformed about what lottery
entailed hence the current misconception and the misunderstanding that it was
synonymous with gambling.

He said: “If you ask 100 Nigerians what they think about
lottery, about 90 of them will tell you it’s something that has to do with
gambling; it is not surprising because the notion is based on ignorance.’’

The director-general explained that the difference between
gambling and lottery was that gambling was for the benefit of the gamblers,
whereas lottery was that game of chance that is concurrently used to raise
money for good causes.

He stressed that lotteries had been used all over the world
to raise money to bring about development in countries where they were played
and that Nigeria should not jettison the opportunity.

Igho cited the case of China which used lottery to build the
famous ‘Great China Wall’ – one of the Seven Wonders of the World, while the
United States of America used it to develop the country, including the
establishment of 55 prominent institutions of higher learning like Harvard and
Yale universities.

“Many of us have just come from watching the 2012 Olympics,
where we blamed our own athletes for not performing well.

“If you recall the Prime Minister of Britain, Tony Blair,
was on air to say that the great deal of the success Britain had was because of
the more than 850 million pounds funding and support the country got from
lottery.

“The money paid over 80 per cent of the revenue used for the
training of British athletes going to the Olympics.’’

Igho said there was nothing irreligious about lottery.

Morocco and Niger Republic, he added, had used lottery
proceeds in the past to execute development projects and even send their
citizens on pilgrimages.

He noted also that religious groups in Europe and the United
States had also promoted lotteries and used the proceeds for good causes.

Igho said that the NLRC had so far raised close to N3
billion through lottery in the country.

He also noted that the commission would embark on public
sensitisation to create a proper enlightenment that lottery was something big
and good and its proceeds could be used for development.

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FG Ends Passport Production At Multiple Centres After 62 Years

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The Nigeria Immigration Service has officially ended passport production at multiple centres, transitioning to a single, centralised system for the first time in 62 years.

Minister of Interior, Dr Olubunmi Tunji-Ojo, disclosed this yesterday while inspecting Nigeria’s new Centralised Passport Personalisation Centre at the NIS Headquarters in Abuja.

He stated that since the establishment of NIS in 1963, Nigeria had never operated a central passport production centre, until now, marking a major reform milestone.

“The project is 100 per cent ready. Nigeria can now be more productive and efficient in delivering passport services,” Tunji-Ojo said.

He explained that old machines could only produce 250 to 300 passports daily, but the new system had a capacity of 4,500 to 5,000 passports every day.

“With this, NIS can now meet daily demands within just four to five hours of operation,” he added, describing it as a game-changer for passport processing in Nigeria.

 “We promised two-week delivery, and we’re now pushing for one week.

“Automation and optimisation are crucial for keeping this promise to Nigerians,” the minister said.

He noted that centralisation, in line with global standards, would improve uniformity and enhance the overall integrity of Nigerian travel documents worldwide.

Tunji-Ojo described the development as a step toward bringing services closer to Nigerians while driving a culture of efficiency and total passport system reform.

He said the centralised production system aligned with President Bola Tinubu’s reform agenda, boosting NIS capacity and changing the narrative for better service delivery.

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FAAC Disburses N2.225trn For August, Highest In Nigeria

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The Federation Account Allocation Committee (FAAC) has disbursed N2.225 trillion as federation revenue for the month of August 2025, the highest ever allocation to the three tiers of government and other statutory recipients.

This marks the second consecutive month that FAAC disbursements have crossed the N2 trillion mark.

The revenue, shared at the August 2025 FAAC meeting in Abuja, was buoyed by increases in oil and gas royalty, value-added tax (VAT), and common external tariff (CET) levies, according to a communiqué issued at the end of the meeting.

Out of the N2.225 trillion total distributable revenue, FAAC said N1,478.593 trillion came from statutory revenue, N672.903 billion from VAT, N32.338 billion from the Electronic Money Transfer Levy (EMTL), and N41.284 billion from Exchange Difference.

The communiqué revealed that gross federation revenue for the month stood at N3.635 trillion. From this amount, N124.839 billion was deducted as cost of collection, while N1,285.845 trillion was set aside for transfers, interventions, refunds, and savings.

From the statutory revenue of N1.478 trillion, the Federal Government received N684.462 billion, State Governments received N347.168 billion, and Local Government Councils received N267.652 billion. A further N179.311 billion (13 per cent of mineral revenue) went to oil-producing states as derivation revenue.

From the distributable VAT revenue of N672.903 billion, the Federal Government received N100.935 billion, the states received N336.452 billion, while the local governments got N235.516 billion.

Of the N32.338 billion shared from EMTL, the Federal Government received N4.851 billion, the States received N16.169 billion, and the Local Governments received N11.318 billion.

From the N41.284 billion exchange difference, the Federal Government received N19.799 billion, the states received N10.042 billion, and the local governments received N7.742 billion, while N3.701 billion (13 per cent of mineral revenue) was shared to the oil-producing states as derivation.

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KenPoly Governing Council Decries Inadequate Power Supply, Poor Infrastructure On Campus

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The Governing Council of Kenule Beeson Saro-Wiwa Polytechnic, Bori, has decried the inadequate power supply and poor state of infrastructural facilities and equipment at the institution.

The Council also appealed to the government, including Non-Governmental Organisations, agencies, as well as well-meaning Rivers people to intervene to restore and sustain the laudable gesture, dreams and aspirations of the founding fathers of the polytechnic.

The Chairman of the newly inaugurated Council, Professor Friday B. Sigalo, made this appeal during a tour of facilities at the  Polytechnic, recently.

Accompanied by members of the team, Prof Sigalo emphasised the position of technology, technical and vocational education in sustainable development.

He noted that with the prospects on ground, and the programmes and activities undertaken in the polytechnic, there is no doubt that the institution would add values to the educational system in our society and foster the desired development, if the existing challenges are jointly tackled.

This was contained in a statement signed by Deputy Registrar, Public Relations, Kenpoly,  Innocent Ogbonda-Nwanwu, and made available to The Tide in Port Harcourt.

The chairman who restated the intention of his team of technocrats to ensure that KenPoly enjoys desirable face-lift, said the Council would deliver on its core mandates, accordingly.

Earlier, the Rector, KenPoly Engr. Dr. Ledum S. Gwarah, commended the appointment of Professor Friday B. Sigalo as Chairman of the KenPoly Governing Council.

He described him and his team as seasoned technocrats and expressed confidence in their ability to succeed.

The Rector pledged the management’s support to the Council to ensure that KenPoly resumes its rightful place in the comity of polytechnics in the country.

Facilities visited by the Governing Council include KenPoly workshops, laboratories, skills acquisition centre, library, hostels and medical centre.

 

Chinedu Wosu

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