NCC renews MoU with Lottery Commission - Pegars News | Pegars News

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NCC renews MoU with Lottery Commission – Pegars News

NCC renews MoU with Lottery Commission – Pegars News

The Nigerian Communications Commission, NCC, Wednesday in Abuja, signed a revised Memorandum of Understanding with the National Lottery Regulatory Commission, NLRC, with provisions to deter unapproved lottery and gaming practices on telecommunications platforms via data and intelligence sharing.

Executive Vice Chairman of NCC, Prof. Umar Danbatta famous that the MoU, which will affect the gaming business, is in sync with the Commission’s Strategic Vision Plan (SVP) and is in a bid to promote honest practices in the business for the safety of telecommunications shoppers in relation to lottery and gaming actions.

He mentioned the collaboration is in line with the provisions of Commission’s SVP, 2021-2025, which gives for facilitation of strategic partnership and collaboration with different our bodies to improve service supply.

He defined, “The initial MoU expired in 2022, amendments and modifications have been made since no MoU is cast in stone, especially given the industry’s dynamic nature.”

The Director General of NLRC, Mr Lanre Gbajabiamila expressed confidence that the MoU will yield beneficial outcomes in curbing unlawful on-line playing as he shared his hope that NCC and NLRC will obtain their intentions in the curiosity of gaming stakeholders.

He famous how unapproved lottery and gaming actions and practices undermine the integrity of home and world gaming markets to the detriment of stakeholders in addition to undermining client confidence in these markets, therefore the collaboration with the Commission to arrest such tendencies.

Earlier in his opening remarks, the Executive Commissioner (Stakeholder Management), Barr. Adeleke Adewolu disclosed that the MoU was designed to tackle current expertise data-sharing capabilities, and client satisfaction and to improve areas of co-regulation in line with the Federal Government’s digital financial system mandate.

The new MoU replaces one that was first signed by each organizations, which expired in 2022. It gives complementary approaches to deter unapproved lottery/gaming practices on telecommunications platforms via data and intelligence sharing in recognition of how unapproved lottery and gaming actions and practices undermine the integrity of home and world gaming markets to the detriment of stakeholders in addition to undermining client confidence in these markets.

Under the settlement, following requests from NLRC, NCC shall endeavour to block or disable unlawful lottery gaming operators on the telecommunications service suppliers’ platform in Nigeria and NLRC

The doc was developed by a Joint Implementation Committee (JIC) comprising representatives of NCC and NLRC to implement the MoU and different issues that promote collaboration between each organizations in their regulatory features.

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