Monday, July 22, 2013

DON'T CREATE MONOPOLY IN LOTTO - OPERATORS

Monday, July 22, 2013

DON'T CREATE MONOPOLY IN LOTTO - OPERATORS

Sodiq Oyeleke
 
 Lottery operators under the aegis of Association of Licensed Lottery Operators have urged the Federal Government avoid creating monopoly in the industry.

ALLON in a communiqué by its representatives Chima Onwuka and Kamal Nath on Sunday explained that creating monopoly was against the National Lottery Act 2005.

The communiqué read, “That the Association recognises the efforts of the National Lottery Regulatory Commission and the challenges it faces in monitoring and regulating the industry and should resist all efforts aimed at creating monopoly in the lottery industry.

“That creating a monopoly in the lottery industry is against the spirit and letters of the National Lottery Act 2005. That the Association reiterates that all existing Licenses issued to operators under the National Lottery Act 2005 remain valid until the expiration of their tenure and will resist any attempt to clandestinely revoke any License.”

It stated that the regulators of the industry should be allowed to discharge their duties, adding the industry would improve with proper regulations.

It said, “Instead of putting lottery business in Nigeria in the hands of a single individual or organisation, the Federal Government and the National Lottery Regulatory Commission should consider more constructive regulation of the industry in order to optimize lottery operations and deepen the penetration of lottery across Nigeria.

“Consequently, the Association resolves to join and support the Commission in defending and appeal all law suits filed against the Commission in the law courts to ensure that the letter and spirit of the NLA ACT 2005 is fully complied with.”

Written by

Sodiq Oyeleke is a Media, Human Resources, Project Management and Public Relations Practitioner

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