The Director-General of the National Lottery Regulatory Commission (NLRC), Lanre Gbajabiamila, has expressed optimism of a significant rise in the nation’s Internally Generated Revenue (IGR) as a result of the anticipated says boom in the lottery business.
He noted that the transformation process of that sector of the economy began in 2017 has started to yield positive results raising income from N400 million to well over a billion in recent months.
Speaking to journalists in his Jabi, Abuja Office, Gbajabiamila said the outcome suggests enhanced gains for all the stakeholders in the lottery industry and its value chains.
According to the NLRC DG, the commission ” had been executing resourceful policies, measures and programs in the last four years, all aimed at improving lottery business in all aspects with great emphasis on the welfare of its workers, betterment of the stakeholders and higher revenues for the country”.
The steadfast effort on policies and measures he stressed is beginning to yield fruit which the nation would soon reap in a big boom expected in the gaming industry.
Giving a highlight of actions that drives the present growth, Gbajabiamila disclosed that on the assumption of office, he commenced a transformation process that led to the restructuring of the Commission from 3 directorates to 5 directorates and 5 statutory Units, thereby creating more opportunities for career growth and progression for all staff.
New measures he said were also introduced to enhance the welfare of staff while providing them with necessary facilities and equipment to ease and improve their performance on the job.
With greater motivation and enhanced performance, workers he said, are now being promoted as and when due compared to past experience of irregular and delayed promotion.
Beside Gbajabiamila said some other administrative errors within the Commission were corrected as experts and core professionals were brought in to head critical sections in the Commission, such as the Procurement Unit and the Legal Services Department, leading to a huge reduction in litigation bills for the Commission.
“Without sounding immodest, it is on record that no previous administration in the Commission had done better on matters of staff welfare than my regime. It is also on record that no previous administration had performed better than my administration on revenue generation for the Federal Government of Nigeria.
“Our revenue profile has been on a steady increase, regardless of the challenges faced by the Commission while trying to perform our regulatory functions.”
He said the transformational measures has raised internally generated revenue of the commission that he met at less than 400m to over a billion Naira in less than three months.
Gbajabiamila who lauded the sincere oversight of Senator George Akume, Special Duties Minister and Chairman of the Commission’s board, said the future can only get better with the birth of many innovative actions being pursued by the NLRC.
“I am glad that the process for the acquisition of the much needed Central Monitoring System for our operations is on course and the fact that the amendment of the National Lottery Act is in progress at the National Assembly where the proposal has scaled first readings at the upper and lower chambers make me enthusiastic that the transformation of the industry would be complete in a short while and Nigeria would witness a boom in the lottery industry. “Gbajabiamila assured