General News
FG Urges Lottery Firms to Pay Outstanding Liabilities or Risk Revocation of License

The Federal Government, yesterday warned licensed lottery companies in the country to pay all outstanding liabilities or they risk the revocation of their licenses.

The Minister of Special Duties and Intergovernmental Affairs, Senator George Akume said this at the official launch/flag-off of the ‘Back to school jump start’ project in Lagos.
The empowerment programme with the theme: ‘No school left behind in Surulere, was initiated by the Office of the Speaker, Femi Gbajabiamila and funded by the National Lottery Trust Fund.
Over 40 Junior and Senior Secondary Schools in Surulere Federal Constituency will benefit from the intervention in the 1st Phase of the programme.
Akume, who was represented by Mr Bello Maigari, commended the Speaker and the National Lottery Trust Fund for the initiative, saying the programme is heart-warming and commendable.
He said: “It is an honour to be here this morning at this special occasion of the official launch of the school’s empowerment programme initiated by the Office of the Speaker, Femi Gbajabiamila and funded by the National Lottery Trust Fund.
“I commend the National Lottery Trust Fund for providing the resources to facilitate the implementation of this remarkable initiative, whose idea I was told is to help increase the learning capacity in our public schools currently lagging behind as a result of poor access to digital learning infrastructure and other critical facilities.
“Today’s event is true, a cause for celebration, which underscores the commitment, determination and promise of President Muhammadu Buhari’s administration in improving the capacity of our students to learn and excel in their studies using technology and e-learning facilities to scale-up their performance in age-grade examinations and competitions.”
“We are all aware of the enormous devastation caused to human lives around the world by Corona Virus, Moreso in its revolutionary impact on learning.
“The fact that public schools are lacking in basic teaching and e-learning infrastructure further compounded by the pandemic should be a matter of concern to all policy-makers and leaders, and therefore, it has become imperative to the government to intervene so that children of poor are not left behind in learning.
“It is on the strength of this effort that I encourage the Fund to continue on this laudable path and ensure the full monitoring of the project so that outcomes envisaged for the programme are delivered for the benefit of Nigerians.
“Lottery is a wealth generation, and Nigeria’s gaming market is the fastest growing in Africa with sales revenues approaching 2 Trillion Naira annually.
“Given the potential in this industry and its capacity to generate jobs, increase the nation’s GDP and improve her social wellbeing, the government will not be deterred in pushing for reforms that are critical in shaping the growth of the industry for the benefit of Nigerians.
“Accordingly, the government will continue to work constructively with the National Assembly to put forward legislation that will support the process of revitalizing the industry that hold great promise for Nigeria in raising enormous revenues for national development and creating job opportunities that would help to actualize President Muhammadu Buhari led government’s pledge of lifting 100 million Nigerians out of poverty.
For instance, the effort to repeal the National lottery Act, 2005 and 2017 (as Amended) with the National Gaming Act, 2022 will end inefficiencies in the industry and also strengthen the capacity of the two agencies created under the extant law (i.e the National lottery Regulatory Commission and the National Lottery Trust Fund) to exercise their statutory responsibilities and curtail revenue losses to the government.
“We have a clear vision to transform lottery in this country and the current exercise to automate tax collections through the deployment of a Central Monitoring System is meant to strengthen revenue generation, promote standards and enhance the regulatory oversight in the industry.
“I, therefore, appeal to all stakeholders including the National Assembly to support the effort of government in making this flagship project a reality for the nation.
In the same vein, the government has taken proactive steps by recovering outstanding liabilities due from the sector, whilst also ensuring prompt remittances from operators and permit holders in line with the extant law.
“On this note, let me urge all licenses and permit-holders to without further delay pay up their outstanding liabilities or risk revocation of their licenses and permits.”
General News
NRS Debunks Viral Claim of New Tax on Vehicle

Nigeria Revenue Service (NRS) has denied reports that the federal government has introduced a new tax on vehicles.

The clarification follows the circulation of a viral message online claiming that all vehicle owners would be required to start paying a new tax from July 1, 2026.
In a statement released on Sunday, the NRS said the information in the message is false and did not come from the agency or any official government institution.Nigeria Travel Guides
According to Dare Adekanmbi, spokesperson for the NRS, the viral message was designed to mislead the public. He explained that it was made to look genuine by using official government logos and formatting.
The message reportedly instructed owners of private, commercial, and corporate vehicles to pay an unspecified fee either online or through approved banks and agencies. It also included a website that was wrongly presented as an official government platform.
Adekanmbi stressed that the website mentioned is not connected to the government and warned Nigerians not to make any payments based on such information.
He said the NRS has not introduced any new vehicle tax and that any official policy or tax change would be properly announced through verified government channels.
The agency urged citizens to ignore the fake message and avoid falling victim to possible fraud. It also advised Nigerians to always confirm such information through trusted and official sources before taking any action.
The NRS further encouraged the public to follow its official communication platforms to stay informed about genuine tax policies, updates, and government directives.
General News
NCC to Intensify Crackdown on Illicit Network to Protect Copyrights

National Copyright Commission (NCC) has reaffirmed that piracy remains a major threat to the nation’s creative economy, vowing to intensify its nationwide crackdown on illicit networks to protect intellectual property.

Pic credit…soundcloud.com
Dr. John Asein, director-general of the NCC, disclosed this in a statement to mark the 2026 World Book and Copyright Day.
The commission noted that piracy remains a major threat, undermining legitimate enterprise and eroding the economic value of creative works.
Asein lamented that inadequate distribution systems and limited access to books also constrain the growth of readership.
He described the event as an important occasion, which showcased the enduring value of books as foundations of knowledge, instruments of cultural preservation, and drivers of national development.
He described the theme for this year’s celebration, ‘Read Books, Respect Copyright,’ as a call on Nigerians to embrace reading as a lifelong habit, while recognising that respect for copyright is essential to sustaining creativity and rewarding authors.
The commission noted that Nigeria’s book industry has evolved significantly, from the post-independence emergence of indigenous publishing to today’s digitally driven ecosystem.
“Nigerian authors continue to gain global recognition, while publishers are expanding capacity. However, challenges persist,” he said.
The commission commended the National Intellectual Property Policy and Strategy, describing it as a bold step toward repositioning intellectual property as a driver of economic transformation.
The policy, according to him, provides a roadmap for revamping the book sector for the benefit of authors and publishers, and is accessible at ippolicy.ng.
The NCC also reaffirmed its commitment to inclusive access through the Marrakesh Treaty, as reflected in the Copyright Act, 2022, enabling accessible formats such as Braille and audio texts.
It urged Nigerians to respect copyright and purchase books only from authorised sources.
General News
Fusewall Holdings Acquires 100% Stake in Coloplus, Expands Telecom Infrastructure Footprint

Fusewall Holdings, founded by Azeez Amida, has announced the acquisition of a 100 percent equity stake in Coloplus Worldwide Service Limited, in a move aimed at strengthening its position in Nigeria’s telecommunications infrastructure space.

Fusewall Holdings
The deal marks a significant milestone in Fusewall’s broader strategy to build an integrated and future-ready platform across key sectors, particularly within the country’s fast-evolving digital economy.
The transaction was led by Amida, whose role in structuring and executing the deal was described as pivotal. According to the company, his leadership helped align stakeholders and navigate complex negotiations to ensure a successful close while positioning the business for long-term growth.
A spokesperson for Fusewall Holdings said the acquisition represents “a deliberate step forward” in the company’s expansion strategy, noting that the focus remains on building platforms that combine operational efficiency, resilience, and scale.
Coloplus brings a substantial operational footprint to the deal, including access to about 900 partner locations and roughly 20 owned sites. This combination of reach and infrastructure control is expected to give Fusewall a strategic advantage as it scales operations nationwide.
Fusewall said it plans to deploy capital, strengthen governance structures, and enhance operational execution as part of the integration process. The move is expected to improve service delivery, boost infrastructure reliability, and support expansion into underserved and high-demand areas.
The acquisition also aligns with the company’s broader ambition to help bridge Nigeria’s telecommunications infrastructure gap by expanding connectivity, improving network resilience, and advancing digital inclusion.
Fusewall Holdings said the deal reflects its commitment to disciplined execution and long-term value creation as it continues to grow its footprint in Nigeria’s digital ecosystem.
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