National Lottery Trust Fund Boss, Bello Maigari, Commends EFCC For Raising Its Remittance Inflows To N2.1bn

<h4>National Lottery Trust Fund Boss<&sol;h4>&NewLine;<p><strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a><&sol;strong> reports that the Executive Secretary and Chief Executive Officer&comma; ES&sol;CEO&comma; of the National Lottery Trust Fund&comma; NLTF&comma; Bello Maigari&comma; has commended the Economic and Financial Crimes Commission&comma; EFCC&comma; for helping to widen the revenue base of the Fund through enhanced remittance inflows from N800million to N2&period;1billion annually&period;<&sol;p>&NewLine;<p>According to a statement signed by Dele Oyewale&comma; Head&comma; Media &amp&semi; Publicity and made available to OpenLife&comma; Maigari gave the commendation in Abuja on Thursday&comma; April 4&comma; 2024 when he led his management team on a courtesy visit to the corporate headquarters of the Commission&period;<&sol;p>&NewLine;<p>Maigari stated that the intervention of the EFCC assisted his Fund to grow its revenue profile and number of lottery operators&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Before the Commission’s intervention&comma; remittance inflows could not exceed N800 million annually&period; However&comma; when the exercise started in 2020&comma; there was a significant increase in remittance inflows between N1&period;8billion and N2&period;1 billion and the same applied to number of lottery operators from barely 10&comma; their numbers steadily increased to 48 as at last count”&comma; he said<&sol;p>&NewLine;<p>He lauded the rising performance of the Executive Chairman of the EFCC&comma; Mr&period; Ola Olukoyede since he assumed office&comma; pointing out that his performance has been phenomenal&period; &OpenCurlyDoubleQuote;Let me once again congratulate you on your well-deserved appointment to this high office and to commend you and members of your able team for your exemplary leadership&comma; courage and patriotism in stemming the tide of growing financial crimes in the country&period;<&sol;p>&NewLine;<p>Maigari admitted that the lottery and gaming industry have grown significantly &OpenCurlyDoubleQuote;to well over N2trillion&period;” He&comma; therefore&comma; called for increased collaboration with the EFCC to sustain the growth and to recover outstanding liabilities from lottery operators&period;<&sol;p>&NewLine;<p>Speaking further&comma; Maigari appealed to the EFCC to help in steering the implementation of the Revenue Assurance Platform of the NLTF&comma; describing it as &OpenCurlyDoubleQuote;a strategic revenue mobilization initiative being driven by the Federal Ministry of Finance on behalf of the National Lottery Trust Fund&period;”<&sol;p>&NewLine;<p>Responding&comma; Olukoyede&comma; appreciated the visit and the good work Maigari is doing in the area of revenue mobilization and recovery &period;<&sol;p>&NewLine;<p>He charged him to work harder stressing that the Commission was ready to support his Fund in its drive for larger remittance inflows&period;<&sol;p>&NewLine;<p>The EFCC boss urged Maigari to furnish the EFCC with intelligence on the number of registered and unregistered betting and gaming platforms across and outside the country&comma; promising that unregistered ones would be compelled to comply with the laws of the nation to do the right things&period;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;