Sports

‘Nigerians Spend N1.8bn Daily On Sports Betting’

Published

12 years ago

August 4, 2014

About 60 million Nigeri
ans between 18 and 40 years of age may be spending up to N1.8 billion on sports betting daily, an investigation by Tidesports source. Has revealed.
The investigation showed that they commit on the average N3,000 on sports betting daily.
A sport betting analyst, Dotun Ajekigbe, said that sport betting though risky was also rewarding.
Ajekigbe said that about 60 million Nigerians placed bets on different matches daily across the country.
He said that most unemployed youths have taken to online and other forms of sports betting to make a living.
According to him, from findings this group of people stake an average of N3,000 daily.
“Sport betting is gambling, not investing in bank shares.
“But almost everything in life is a gamble, more so with money matters. With gambling comes risks because it not 100 per cent guaranteed.
“However, you can dramatically reduce your risks by taking calculated risks only.
“When you take calculated risks, you base your decisions on sound research and evidence, not intuition.
“Sport betting is by chance. The better informed the player is, the better the chance he/she has of making money,” he said.
Mr Ambrose Obialor, who runs Yobo Viewing Centre, Lagos, says that some people bet between N2, 000, N10, 000 and above, depending on the individual.
He said that some people denied themselves of food after spending all they had on a bet.
An agent for 1960 Bet Company, Lagos, Mr Afeez Adigun, said that between 200 and 300 people visit his office to place bets on match days during football seasons. while about 150 people bet at off-seasons.
According to him, a betting company can generate up to N20 million monthly and use between N5 million and N7 million to meet winners obligations in terms of payment.
He also described sports’ betting as very risky but highly rewarding business.
A representative of another betting company, Betting World, who did not want his name mentioned, said that sport betting companies have employed about 50 youths in Lagos.
He also said that betting outlets were always filled with countless young people between ages 18 and 40 who come to place their bets.
The representative said that most people borrow as much as 10,000 for their daily stakes, stressing that some of them win, while others lose but returned for the next day’s betting.
He said that most people did not like to place bets on Nigerian matches because they were highly predictable.
Chief Executive Officer, Lagos State Lottery Board, Mr Lanre Gbajabiamila, said the lottery industry was very risky but also lucrative.
Gbajabiamila said that the board generated about N1 million in 2013 from about 11 sport betting companies in the state.
He added that more revenue could be generated with more investment to develop the industry.
“The state government has been making efforts to provide an enabling environment for the lottery industry but only 40 per cent of the industry had been tapped into.
“We urge the Federal Government to create a more enabling environment for operators in the industry to increase revenue and create jobs for youths.
“The major needs of the operators are improved electricity and internet provision to boost the business,” he said.
He restated the commitment of the board to rid the state of illegal lottery operators.

Sports

NDG: Rivers Coach Appeal To NDDC In Talent Discovery

Published

19 hours ago

February 27, 2026

The Tide

Rivers State Chess coach Nnamso Umoren has appealed to relevant authorities, most especially the Niger Delta Development Commission (NDDC), to provide funds for scouting of hidden talents at the grassroots.

He stated that lack of funds is hindering most coaches from doing what they are expected to do; hence, they don’t have enough money to travel to rural areas to discover talents.

Umoren made the appeal in an exclusive interview with Tidesports yesterday, in Benin, Edo State, shortly after the second edition of the Niger Delta Games drew her curtains closed.

According to him, without coaches no athlete can perform better, as coaches are the ones that teach athletes the techniques and rudiments of every sport.

“I appeal to the commission to support the coaches with funds to enable them to go to the areas and discover talents. Lack of funds for coaches limits the extent to which they can move around within the state in search of talents.

“I am of the general opinion that without coaches, athletes cannot perform better; hence, the coaches teach them the rudiments of the sports,” Umoren said.

The Chess coach called on the Rivers State government to organise tournaments in the State to know the strength of athletes discovered, saying that will improve sporting activities in the State.

However, he commends NDDC, who are the major sponsors of NDG, and Dumamis Icon Limited for close to perfect organisation.

Tonye Orabere

Sports

Rivers Sports Director Rates Niger Delta Games High

Published

20 hours ago

February 27, 2026

The Tide

The Rivers State Director of Sports, Obia Inyingikabo has that the just concluded second edition of the Niger Delta Games, held in Benin, Edo State, was very impressive and well organised.

She commended both the Niger Delta Development Commission (NDDC) and Dumamis Icon Limited for the sponsorship and organisation respectively.

According to her, the problem of the team was the epileptic situation of shuttle buses, which was not under the direct control of the sports council.

Inyingikabo said this in a telephone interview with Tidesports yesterday; she confirmed that apart from the poor transport system for athletes, every arrangement went successfully as planned.

The director praised her athletes for making the State proud by winning gold, silver, and bronze medals during the games. She assured the people of Rivers State that in the next edition they will perform better and also used the opportunity to commend Rivers State promoting sports in the State.

Tonye Orabere

Sports

Treat Bees, Silkworms As Valuable Resources – Don

Published

20 hours ago

February 27, 2026

The Tide

A Professor of Applied Entomology and Pest Management, at the Federal University of Technology Akure,(FUTA), Olufunmilayo Oladipo, has said insects such as bees ,houseflies silkworms and similar species should be seen and treated as valuable resources whose careful management could enhance food security, generate income, support industrial applications, and contribute significantly to Nigeria’s economic diversification.

Prof. Oladipo made the remark while delivering the 193rd Inaugural Lecture of the institution on Tuesday, February 24, 2026.

Citing the honeybee as a prime example, Oladipo noted that beyond honey production, bees provide beeswax, royal jelly, propolis and venom used in pharmaceuticals and cosmetics, while their pollination services significantly increase crop yields and biodiversity.

She also referenced silkworms, whose silk supports textile industries and export earnings, as well as black soldier flies and houseflies, locusts, grasshoppers, mealworms and crickets which are increasingly used in the production of high-protein livestock and aquaculture feeds, thereby reducing dependence on expensive imported feed ingredients.

Speaking on the topic, “Six-Legged Arthropods: Food Security, Health and National Economic Development,” Professor Oladipo highlighted the multiple contributions of insects to national development in a monolithic economy like Nigeria, where over-dependence on crude oil has limited diversification.

She pointed out that insects serve as food for humans and feed for livestock, provide income for households through apiculture, sericulture, and insect-based enterprises, and supply raw materials for pharmaceutical and industrial uses. Beneficial insects also enhance food security through nutrient recycling, biological control of harmful species and weeds, and pollination of crops and horticultural plants, resulting in bumper harvests and increased biodiversity.

Professor Oladipo further mentioned termites and dung beetles for their role in nutrient recycling and soil aeration, improving soil fertility and agricultural productivity. Ladybird beetles and parasitic wasps, she explained, serve as natural biological control agents, reducing populations of destructive pests without harming the environment.

In the area of public health, Oladipo declared that though “the economic toll of insect vectors is staggering, stretching from the household to national economy, thereby undermining productivity, draining family resources, and constraining national growth, certain insects negatively affect agriculture, public health, and livelihoods”.

The professor pointed to the importance of understanding mosquitoes and other disease vectors such as tsetse flies, whose management is critical in combating malaria, yellow fever, dengue, sleeping sickness and other vector-borne diseases that weaken workforce productivity and strain national resources.

She cited data showing that malaria alone costs Africa over 12 billion dollars annually in healthcare expenditures, lost productivity, and reduced investment. Beyond mortality, she emphasized, insect-borne diseases also contribute to morbidity, chronic disability, and reduced workforce efficiency, imposing heavy burdens on families, health systems, and national economies.

She referenced maggot therapy, currently practiced in teaching hospitals in Kano, as a safe and effective treatment for chronic diabetic wounds adding that bioactive compounds from fungus-insect complexes such as Bombyx batryticatus and Beauveria bassiana, which have been developed into medicines with anticonvulsant, anticancer, antifungal, anticoagulant, and hypolipidemic properties.

Weaver ants, bee venom, and cantharidin from blister beetles, she stated, also possess therapeutic value, including immune-boosting, anti-diabetic, anti-arthritic, and antiviral applications. She maintained that strategic government investment in entomotherapy could strengthen healthcare delivery, reduce pharmaceutical import dependence, save lives, and support national economic diversification.

According to her, these examples demonstrate that insects are not merely pests to be eradicated but strategic biological assets that, if properly managed, can enhance food security, strengthen public health systems, generate employment, and support Nigeria’s economic diversification agenda.

The Agric expert noted however, that certain pest species continue to pose threats to agriculture and public health, thereby negatively affecting economic growth. She stressed that proper management, rather than indiscriminate eradication, is key to maximizing the benefits of these six-legged resources.

Professor Oladipo advocated integrated pest management strategies that prioritize environmentally friendly approaches, including botanicals, pheromones, biological control agents, growth regulators, and semiochemicals, while minimizing the use of broad-spectrum synthetic insecticides.

She warned that excessive reliance on chemicals has resulted in resistance, environmental pollution, and harm to non-target organisms. She also called for stricter regulation of pesticide importation and usage under professional supervision, and for stronger surveillance by regulatory authorities to prevent the introduction of exotic pest species.

To strengthen Nigeria’s capacity in entomology, she urged the government to support insect rearing and the conservation of beneficial species and to establish more Departments of Entomology in universities.

On the benefits of insects, she stressed the need for shifting societal perceptions and promoting sustainable practices, calling for stronger linkages between universities and industries to translate research findings into practical applications and commercial opportunities.

Professor Oladipo further appealed for increased funding for research and for targeted support for brilliant but indigent students in science-based disciplines, emphasizing that nurturing the next generation of entomologists and agricultural scientists is critical for national development.

Presenting the inaugural lecturer, the Vice-Chancellor, Professor Adenike Oladiji, FAS, who was represented by the Deputy Vice Chancellor (Development), Professor Sunday Oluyamo, described Professor Oladipo as a distinguished scholar whose research has significantly advanced the field of entomology and strengthened FUTA’s academic and research profile.

The Vice Chancellor who described the lecture as ‘timely’, given Nigeria’s challenges in food security, public health, and economic diversification, commended the inaugural lecturer’s scholarly depth, resilience, and dedication to mentoring students, reaffirming FUTA’s commitment to research that addresses pressing national development priorities.