At the previous National Lottery Regulatory Commission’s (NLRC) All Gaming Stakeholders Conference, Tosin Adeyanju, the Executive Secretary of the National Lottery Trust Fund (NLTF), shared insights into the Trust Fund’s strategic goals, highlighting its alignment with the ‘Renewed Hope Agenda’ set by President Bola Tinubu to uplift Nigerians.
Adeyanju outlined the NLTF’s commitment to promoting infrastructure and socio-economic development, advocating for a cooperative approach among stakeholders to achieve these ambitions. He emphasized that partnerships are vital for nurturing a balanced, impactful gaming industry that benefits everyone involved.
“Promoting good causes is a social service to the nation that can cater to the sick and the aged, the unemployed and educated, the talented and the undiscovered sportsmen and women, victims of natural and ecological disasters, the refugees and the homeless,” stated Adeyanju. “Therefore, as prescribed by the legislature, proceeds received from the lottery will be utilized to provide quality healthcare and education—which we’ve been doing across the country since 2007—undertaking over 7,000 good causes projects across various sectors.”
Addressing key challenges in the sector, the recently installed Executive Secretary voiced particular concern about ensuring equitable gaming activities across the country. He has been working to bridge gaps in the northern states by lobbying for smoother operations and greater participation.
His efforts are centered on educating stakeholders about the positive impact of gaming proceeds, which fund various good causes. Adeyanju’s drive to promote awareness aims to foster trust and collaboration, ensuring that the advantages of gaming are recognized nationwide.
In addition to equity, Adeyanju tackled the issue of uneven allocation of resources among states. He called for unified action and collaboration among stakeholders to create a more balanced distribution that supports the development of all regions. He stressed that joint efforts and shared responsibility are critical to overcoming these challenges and creating a fairer gaming landscape.
Another significant focus for Adeyanju is the digitization of remittance processes within the industry. By leveraging technology, the NLTF aims to enhance transparency and accountability, making financial operations more efficient and reliable. He believes that integrating digital solutions will strengthen the sector, ensuring that funds are properly accounted for and utilized to support public interests.
As the NLTF moves forward with these initiatives, Adeyanju’s leadership highlights the importance of strategic collaboration and technological advancement in shaping the future of Nigeria’s gaming industry.
