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

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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.”


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Winners Emerge in KidsCook Showdown 2.0 Programme

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L-r: Mrs. Enitan Tanimowo, Convener, KidsCook Showdown; Damilare Adeniran, student of Pastor Adegboyega Nursery and Primary School, Ketu; Chef Mariam, Competition Judge; Chef David, Competition Judge; Gold Obi Besong, student of Pastor Adegboyega Nursery and Primary School, Ketu; Chef Asatta, Competition Judge; Daniella Tanimowo, Participant; and Adebayo Tanimowo, Co-convener, KidsCook Showdown, presenting the first-place winners of the KidsCook Showdown 2.0 cooking competition for children aged 6 to 8, held recently in Lagos.
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The dual of little Damilare Adeniran and Gold Obi Besong, students of Pastor Adegboyega Nursery and Primary School, Ketu emerged overall winners in this year’s KidsCook Showdown 2.0 held over the weekend.

KidsCook Showdown is an initiative of Dominion Consultancy Concepts, aimed at introducing children between the ages of 6 and 8 to household chores early.

At the grand finale of the contest that featured four schools with two cooking contests of pasta and swallow, Pastor Adegboyega Nursery and Primary School, Ketu secured the highest points by the three judges, Aina Memorial Nursery and Primary School was the runners up; while Oke-Ifako Nursery and Primary School, Gbagada took third place.

Mrs. Enitan Tanimowo, Director, Dominion Consultancy Concepts, organiser of the event, said the goal of KidsCook Showdown is to inspire children to see cooking not just as a chore, but as a fun, creative way to develop themselves, learn discipline, and build confidence and these skills help them into the future.

“It is a thing of joy for us. When we started, it was a case of what can these children do? After all they are too small. But, we found out that the children can do things, they are not babies. What we are doing today is to prove that our children can do much more if we entrust them with that responsibility.

“There are a lot happening in our environment especially as many adults lack responsibilities today which can be trace back to upbringing. This event reminds parents of the need to train their children the way they should go, so, when they grow up they will be balance by understanding what responsibility means.

Tanimowo added that the initiative directly aligns with the United Nations Sustainable Development Goals—specifically SDG 3 (Good Health and Well-being) and SDG 4 (Quality Education)—by using hands-on, practical learning to promote balanced nutrition and social development. The event is bringing together parents, teachers, and professionals to champion the next generation.

Looking forward to 2027

She said the goal is to impact more children. This year, we worked with 6 schools in partnership with LASUBEB. And we want to impact more schools across different local governments in Lagos State.

“There’s need to equip our children to be hand-on, be diligent and responsible, it helps them. One research I read reveals that when children are taught how to be responsible at home, it helps them academically. This is one fact that many parents don’t know.

“One thing we have observed since the beginning of this initiative is that a lot of children within the ages of 6 and 8 are not taught how to be responsible at home.

These children should be capable at this age because their brain is already developing cognitive skills, the message is that parents need to do more in training our children better to be more responsible, be hands-on, it does help them. It helps the country as a whole because if we have more people that are responsible, they will be able to solve problems, take initiatives and as well build their businesses.

“We are excited by the level of participation in this edition and plans to reach out to more local governments in Lagos state. Our goal is to impact more children to be hands-on and responsible and in turn develop entrepreneurship skills in the children.


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Paystack Launches Programme to Support Nigerian Businesses

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Paystack, one of Africa’s leading payments technology companies, has launched a programme to support Nigerian small businesses through a range of initiatives designed to help them grow, connect with relevant opportunities and access funding.

The scheme known as Paystack Small Business Programme will support businesses as they start, manage and grow their operations, starting with Paystack Small Business Bundle. The bundle gives eligible Nigerian merchants access to up to N4 million in discounts on tools and services from selected partners across key areas of business operations, including commerce, bookkeeping, logistics, design, workspace, customer communication and digital tools.

Small businesses play a significant role in Nigeria’s economy, but many still face daily operational challenges, from managing sales and records, reaching customers, handling deliveries, and accessing affordable tools.

The programme has been developed to provide practical support for these businesses as they manage daily operations and plan for their next stage of growth.

According to the firm, the Paystack Small Business Programme will start with different initiatives.

The firm explained that through the small business bundle, eligible merchants can access offers from partners including Bumpa, Ijeworks, Wiicreate, Flowcart, Simplebks, Africaworks, Paystack, Kindlybook, FezDelivery, Gamp, Pressone, Mercurie, Shuttlers and Canva.

Paystack is targeting 2,000 Nigerian SMBs for the small-business bundle, with additional partner offers expected over time.


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FG Moves to Track Ransom Payments Through Cashless Reforms

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Federal Government is considering the reintroduction of a stricter cashless policy as part of efforts to combat kidnapping and other criminal activities across the country.

FG Moves to Track Ransom Payments Through Cashless Reforms

Security sources said the proposal is being reviewed alongside ongoing military and intelligence operations aimed at dismantling kidnapping networks and disrupting their sources of funding.

The sources disclosed that limiting the use of cash could make it more difficult for kidnappers and other criminal groups to receive ransom payments without detection.

According to the officials, many criminal organisations prefer cash transactions because they leave little or no financial trail, making it difficult for law enforcement agencies to trace payments and identify those involved.

They explained that ransom payments processed through formal financial channels are easier to monitor and investigate, thereby providing valuable intelligence for security agencies.

The sources noted that strengthening the cashless policy could improve the ability of authorities to track suspicious financial transactions and uncover criminal networks operating across the country.

Speaking on the development, security analyst Mr Iyke Odife described kidnapping for ransom as one of Nigeria’s most pressing security challenges.

Odife said victims of kidnapping now cut across various segments of society, including farmers, students, travellers, traditional rulers and residents of rural communities.

According to him, the widespread use of cash in the economy has continued to provide opportunities for criminal groups to receive and move ransom payments without attracting attention from security agencies.

He argued that reducing cash-based transactions could significantly limit the operational freedom of kidnappers and other organised criminal groups.

“The heavy reliance on cash makes it easier for criminal elements to collect and transfer ransom money without leaving a trace.

“A more robust cashless system could help security agencies track illicit financial flows and strengthen efforts to combat kidnapping,” he said.

The move comes amid growing concerns over insecurity in several parts of the country, where kidnapping for ransom has remained a major threat despite ongoing security operations.

Analysts, however, stress that any strengthened cashless policy should be accompanied by improved digital infrastructure, financial inclusion measures and enhanced cybersecurity to ensure its effectiveness.

The Federal Government is yet to make an official announcement on the scope and timeline of the proposed policy.


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