News

Reps to ban sports betting in Nigeria

The House of Representatives has resolved to ban sports betting in the country, urging the National Lottery Regulatory Commission (NLRC) to comply with the Lottery Regulatory Commission Act, 2005.

The resolution followed the adoption of a motion by Kelechi Nwogu (PDP-Rivers) at the plenary in Abuja on Thursday, February 15, 2024.

About 60 million Nigerians aged between 18 and 40 engage in sports betting in the country.

Nwogu said weak or neglected regulations of sports betting have given rise to mental health problems, such as depression, anxiety, and addiction.

The lawmaker said it had also led to strain or broken relationships due to lying or stealing from friends and family, financial problems, legal issues, and job loss due to excessive loss or debt.

Like CBN, FAAN, Petroleum commission to relocate key depts to Lagos

“Betting has given rise to increased crime rate and eventual suicide,” he added.

He harped on the need for campaigns to prevent the negative social impact of lottery and underage participation.

Adopting the motion, the House urged the Federal Ministry of Information and National Orientation to conduct a comprehensive nationwide campaign to raise public awareness about the negative impact of youth participation in sports betting.

The House also mandated the Committee on Inter–Governmental Affairs to conduct a Public Hearing on the dangerous effects of sports betting in Nigeria.

It urged the committee to report back to it within four weeks for further legislative action.

Data from the National Lottery Trust Fund (NLTF) revealed that over 65 million Nigerians actively engage in betting, spending an average of $15 daily.

NLTF said Nigerians spend an estimated $975 million daily on online sports betting, which amounts to about $356 billion annually.

The Star

Segun Ojo

Recent Posts

Banditry, kidnapping displace 620,000 in North-West — IOM

Nearly 620,000 people have been displaced by banditry and kidnapping across Nigeria’s North-West, accounting for…

5 minutes ago

Oil prices rise as US-Iran peace talks stall, Hormuz shipping drops

Oil prices rose on Monday, August 17, 2026, as fading expectations of a United States-Iran…

9 minutes ago

Banks dominate 42,082 suspicious transaction reports in 2025

Banks, fintech companies and other reporting entities submitted 42,082 Suspicious Transaction Reports (STRs) to the…

9 minutes ago

Man sets wife ablaze in Kogi

The Kogi State Police Command has arrested a 33-year-old man, Jacob Irewa, for allegedly setting…

12 minutes ago

Tinubu defies Obasanjo, bets on Port Harcourt, Warri refineries

President Bola Tinubu has rejected concerns over the viability of Nigeria’s government-owned refineries, insisting that…

14 minutes ago

Five die, 11 injured as two buildings collapse in Kano

Five people have been confirmed dead, while 11 others were rescued following the collapse of…

19 minutes ago

This website uses cookies.