A National Lottery licence is granted to applicants who fulfil licencing requirements. The licence has a duration of 10years. Applicants must submit a proposal to the National Lottery Regulatory Commission (The Commission) with the following information/documents.

Application/ Pre-Licence

1. Completed National Lottery Regulatory Commission application form
2. An application letter stating the intention of the applicant
3. Non-refundable Application and processing fee of N2,000,000.00 (Two Million Naira Only) payable to the Commission
4. License Fee N100,000,000.00 (One Hundred Million Naira Only) upon successful completion of all documentary processes.

General Business Information

1. Incorporation documents: Certificate, MEMART and Application Form 1.1 (or Form CAC2, CAC7)
2. The minimum share capital of N100,000,000.00 (One Hundred Million Naira Only) with N50,000,000.00 (Fifty Milion Naira Only) paid-up capital
3. Evidence of filing annual returns to date with Corporate Affairs Commission
4. Profile of the Company and each of its directors
5. Address of administrative office
6. Domain name registration with .ngurl to site
7. Brand: Trade name, logo and colors
8. Name and profiles of all directors and key personnel including Company Secretary, Compliance Officer, Accountant, ICT Manager, Operations Manager, Agency Manager(s) and Customer Care Manager
9. Qualification and relevant industry experience of key personnel
10. Evidence of tax payment by directors and key management staff
11. Organogram and proposed organisational structure

Operational Information

1. Description of operations structure
2. A lottery industry analysis including SWOT analysis and competitive advantage of the proposed lottery scheme
3. Marketing and distribution plan showing expansion plans across the States and regions of Nigeria
4. Proposed distribution channels: retail, web-based, SMS, Mobile app or other channels
5. Details of planned lottery games and comprehensive modalities for each of the lottery games
6. Draws: Type and frequency of draws
7. Proposed odds system and prize structure
8. Applicable rules for the lottery scheme
9. Terms & Conditions of participation and rules of the lottery scheme

Financial Information

1. The proposed investment in the business
2. Source of funding and financing plans: equity. Foreign investment, loans and applicable terms of investment
3. Evidence of financial capability to fund the lottery scheme including Company’s Bank Statement of the last 2 (Two) years
4. Financial projection for Year 1 to 5 of the business: investment, sales/income, winnings/ prize money, tax obligation, operating expenses, third-party suppliers etc
5. Details of payment solutions provider and proposed Integration plans with payment solution provider(s)

Technical information

Profile of technical service providers, partners, telecoms providers and suppliers.

• Web developer and hosting provider
• Database/ Back up service provider
• Manufacturer of hardware: servers, draw machines, Terminals

1. Contact details of service providers and suppliers
2. Proposed SLA, Partnership/ Joint Venture agreements with providers and suppliers. All third-party Agreements/Contracts will be subject to NLRC approval.
3. Software: details of operating system and database application specification
4. Security system: provide information on types of servers, cloud, firewalls, routers and security features, redundancy implementation (where applicable).
5. Documentation on processes and system quality assurance
6. Architectural representation of technical operation flow for the proposed lottery scheme.
7. Certification of software and hardware