Saturday, February 14, 2026
26.6 C
Lagos

NCC, Lottery Commission Renews MoU on Gaming Industry

The Nigerian Communications Commission (NCC) has signed a revised Memorandum of Understanding (MoU) in Abuja with the National Lottery Regulatory Commission (NLRC) with provisions to deter unapproved lottery and gaming practices on telecommunications platforms through information and intelligence sharing.

The Executive Vice-Chairman of NCC, Prof. Umar Danbatta noted that the MoU, which will impact the gaming industry, is in sync with the Commission’s Strategic Vision Plan (SVP) and is in a bid to promote fair practices in the industry for the protection of telecommunications consumers in relation to lottery and gaming activities.

He said the collaboration is in line with the provisions of Commission’s SVP, 2021-2025, which provides for facilitation of strategic partnership and collaboration with other bodies to enhance service delivery.

He explained, “The initial MoU expired in 2022, amendments and modifications have been made since no MoU is cast in stone, especially given the industry’s dynamic nature.”

The Director General of NLRC, Mr. Lanre Gbajabiamila expressed confidence that the MoU will yield favourable outcomes in curbing illegal online gambling as he shared his hope that NCC and NLRC will achieve their intentions in the interest of gaming stakeholders.

He noted how unapproved lottery and gaming activities and practices undermine the integrity of domestic and global gaming markets to the detriment of stakeholders in addition to undermining consumer confidence in these markets, hence the collaboration with the Commission to arrest such tendencies.

Earlier in his opening remarks, the Executive Commissioner (Stakeholder Management), Barr. Adeleke Adewolu disclosed that the MoU was designed to address recent technology information-sharing capabilities, and consumer satisfaction and to enhance areas of co-regulation in line with the Federal Government’s digital economy mandate.

The new MoU replaces one that was first signed by both organizations, which expired in 2022. It provides complementary approaches to deter unapproved lottery/gaming practices on telecommunications platforms through information and intelligence sharing in recognition of how unapproved lottery and gaming activities and practices undermine the integrity of domestic and global gaming markets to the detriment of stakeholders in addition to undermining consumer confidence in these markets.

Under the agreement, following requests from NLRC, NCC shall endeavour to block or disable illegal lottery gaming operators on the telecommunications service providers’ platform in Nigeria and NLRC

The document was developed by a Joint Implementation Committee (JIC) comprising representatives of NCC and NLRC to implement the MoU and other matters that promote collaboration between both organizations in their regulatory functions.

spot_img
spot_img
spot_img

Hot this week

Nigeria Secures Permanent Seat on the Board of African Central Bank

During the just-concluded 39th Session of the Executive Council...

Tinubu Hails BOI on N636bn Loan Disbursement to Businesses in 2025

President Bola Ahmed Tinubu has commended the Bank of...

Index-Based Livestock Insurance Consortium Disburses ₦181.9m in Claims Payouts to Livestock Herders

A consortium of insurance companies led by Leadway Assurance...

SanlamAllianz General Insurance Appoints Jacqueline Agweh as MD/CEO

 SanlamAllianz General Insurance has announced the appointment of Mrs....

BudgIT Claims 92 Fraudulent Projects Out of 2,760 in 2024/2025 Tracka Report

Tracka, BudgIT’s service delivery promotion platform, which allows citizens...

Topics

MatrixStream Launches MatrixCloud OTT, Empowering Roll-out in 60 Days

MatrixStream introduces the MatrixCloud OTT solution for IPTV operators...

How to Tap into Multi-Million Short-Let Real Estate Market

By Dennis Isong For a long time, most investors were...

9mobile Appoints John Vasikaran as Chief Operations Officer 

9mobile has announced the appointment of John Vasikaran as...

Interswitch Secures CBN Payment Service Holding Company Licence

Interswitch Group, one of Africa’s leading financial technology and...

Niger Insurance Plans Strategic Transformation, Injection of Capital

Niger Insurance Plc is set to restructure its Board,...

Interswitch Group Donates Equipment, Kits to Lagos State Govt

L-R: Titilola Shogaolu, Divisional Chief Executive Officer, Interswitch Financial...

Transcorp Reports N135bn Total Revenue, N47bn Profit in 2022

  Transnational Corporation Plc (Transcorp) has released its financial results...

The 6th BusinessToday Annual Conference in Lagos

L- R: MD/CEO, Universal Insurance Plc, Benedict Ujoatuonu; MD/CEO,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img

Warning: require_once(css-utilities.php): Failed to open stream: No such file or directory in /home/busiddmk/public_html/wp-content/plugins/wp-fastest-cache/inc/cache.php on line 878

Fatal error: Uncaught Error: Failed opening required 'css-utilities.php' (include_path='.:/opt/alt/php82/usr/share/pear:/opt/alt/php82/usr/share/php:/usr/share/pear:/usr/share/php') in /home/busiddmk/public_html/wp-content/plugins/wp-fastest-cache/inc/cache.php:878 Stack trace: #0 [internal function]: WpFastestCacheCreateCache->callback('<!doctype html ...', 9) #1 /home/busiddmk/public_html/wp-includes/functions.php(5471): ob_end_flush() #2 /home/busiddmk/public_html/wp-includes/class-wp-hook.php(324): wp_ob_end_flush_all('') #3 /home/busiddmk/public_html/wp-includes/class-wp-hook.php(348): WP_Hook->apply_filters('', Array) #4 /home/busiddmk/public_html/wp-includes/plugin.php(517): WP_Hook->do_action(Array) #5 /home/busiddmk/public_html/wp-includes/load.php(1304): do_action('shutdown') #6 [internal function]: shutdown_action_hook() #7 {main} thrown in /home/busiddmk/public_html/wp-content/plugins/wp-fastest-cache/inc/cache.php on line 878