19 Aug Lottery Regulation: FG wins Court case to be Sole regulator
Lottery Regulation: FG wins Court case to be Sole regulator
The National Lottery Regulatory Commission under the leadership of Lanre Gbajabiamila has recorded yet another success story.
The Federal Government (The National Lottery Regulation Commission and The National Lottery Trust fund) has won a lawsuit against the Lagos State Government and other State Governments on the issue of multiple regulations in the gaming sector.
The Bookmakers Association of Nigeria had initiated a lawsuit to determine the legitimate regulators of gaming businesses because they complained about paying multiple taxes and licensing fees to states and the Federal Government.
In the Suit NO: FHC/L/CS/15992020 filed before Hon. Justice I.N Oweibo of the Lagos high court, the Judge declared that the Federal Government should be the sole regulator of the gaming business in the country as the constitution is clear on the position of lottery in the exclusive list and the National Assembly can legislate on lottery matters. (Download Judgement here)
This judgement may end the back-and-forth bickering between the bookmakers and state Governments on multiple taxation and regulation.