The International Institute of Experts on political economy and administration has commend president Bola Ahmed Tinubu policies warn some states actors against scraping federal agencies
Executive Vice President, Africa Affairs International Institute of Experts on Political Economy and Administration Prof. Tunji John Asaolu, stated this during a press conference in Abuja, yesterday
He said, most states in Nigeria survive mainly on federal allocation to run its affairs as Internally Generated Revenue in most non-oil producing States are not sufficient enough to complement the federal government efforts in improving the States infrastructure and social development.
He highlighted that in the Lottery sector, about 21 States Attorney General are in the Supreme Court seeking the apex court to scrap the National Lottery Regulatory Commission and the Nigeria Lottery Trust Fund while 16 States believe that the federal government should continue to collect the revenue since it is been shared among the 36 Sates and the FCT on monthly bases.
“This are agencies of the federal government with over 20,000 staffs under the pay roll. The act of the national assembly empowered the commission to regulate the betting and gaming sector while the Trust Fund is to collect all the relevant revenue due to the federal government of Nigeria and utilize same to the benefit of Nigerians.”
“It is worthy of note that, over the years, lottery operators have deliberately surcharge the federal government by refusing to remitte the due revenue of 27.5 and 25 % to the government respectively, hence the President Bola Ahmed Tinubu’s administration has taken the bull by the horn in automating the revenue sector of the lottery industry.”
