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NLRC to Enhance Govt Revenue with Central Monitoring System

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National Lottery Regulatory Commission (NLRC) is set to introduce a central monitoring system that would ensure that all earnings due to government on lottery are collected with precision.

NLRC to Enhance Govt Revenue with Central Monitoring System

Lanre Gbajabiamila, director general of the commission, who made the disclosure in Abuja on Sunday, said that with the new system, all the loopholes and drains in the lottery business would be blocked so that the entire taxes and revenues payable to government are fully collected and remitted to government coffers.

Gbajabiamila, in a statement issued in Abuja on Sunday, explained that with all the measures being put in place by the commission, lottery would soon be contributing significantly to the federal treasury as it is being done in advanced countries like America, UK and Spain.

Already, the Lottery Commission boss affirmed that both the management and staff members of the commission are being prepped with trainings and enhanced welfare package for the workers for effective take off of the novel system

The Director General assured that in addition to the recently approved Peculiar Allowance for members of staff of the commission, the enhanced salary structure permitted for them since 2015 would become implementable after the realization of the new monitoring system as the commission would then have sufficient funds to meet its obligations.

Gbajabiamila also hinted that work has reached an advanced stage on the establishment of an indigenous National Game with all the benefits of higher revenues for the government, greater dividends for stakers and profound growth in the industry, generally.

He stated that the commission under his leadership is totally committed to the goals of the administration of President Muhammadu Buhari on the diversification of Nigeria’s economy saying that: “we have remained tirelessly ingenious in engendering means of improving on revenue earnings for Nigeria and bettering lottery business in all ramifications”.

In all these, the Director General, in the statement tagged ‘Update on NLRC’ explained that the commission placed priority on improving the capacity and welfare of staff of the commission and that is why, he said his commission put on top of the table in all its activities and projections, the implementation of a more robust condition of service for staff.

“We are always most concerned on improving the capacity and welfare of our staff in all our considerations and projections. We put the issues of welfare and capacity of welfare first. We are totally committed to implementing a more robust welfare scheme for them.

“Training and further training of staff are also sacrosanct. For the agency to grow and meet the world standards, which is our ultimate target, our workers must grow simultaneously.

“It is a thing of joy for me that the lottery industry that was more of a farce in Nigeria before I formally assumed office in 2017 is now better organized and thriving. In less than one year after I became the Chief Executive here, we started raking in billions of Naira for the government and it has continued to grow steadily since then.

“I am upbeat that in a matter of some few years, lottery shall become a major source of revenue for Nigeria. I am glad that I have a highly dynamic and supportive Minister of Special Duties, Senator George Akume supervising the commission. The Governing Board under the chairmanship of Alhaji Fatai Ibikunle too, has been awesome, while the management and staff members have shown profound dedication and commitment in the discharge of their duties. For the lottery industry in our dear country, Nigeria, the future is bright”.


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E-Business

Expert Urges FG to Harmonise NIN, BVN to Tackle Crimes

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Noble Ajuonu, head, Sydani Technologies Ltd., has urged the Federal Government to harmonise National Identification Number (NIN) and Bank Verification Number (BVN) to tackle crimes and insecurity in the country.

Expert Urges FG to Harmonise NIN, BVN to Tackle Crimes

Ajuonu made the call at a media roundtable, organised by Sydani Group in Abuja.

The News Agency of Nigeria (NAN) reports that the roundtable focuses on driving sustainability through a comprehensive analysis of Nigeria’s key development areas.

Ajuonu said that Nigeria could overcome its security challenges and pave the way for a safer, more secure future for all Nigerians by embracing technology and implementing practical solutions,

“We need to harmonise data, prioritise seamless integration of databases like NIN, BVN, and security agency records, establish clear protocols for data sharing and access, with robust safeguards against misuse,’’ expert said.

According to him, the unified data pool will empower intelligence gathering and targeted operations.

He also called for investments in smart surveillance, intelligent video analytics software, training of personnel in data analysis, interpretation of data in real-time to combat crimes.

“There is need to implement a legal framework for call interception in criminal investigations, with strict oversight to prevent abuse, encourage community cohesion, training of tech savvy security personnel with tech-enabled tools.’’

Ajuonu also urged the government to address infrastructure deficit in technology, saying that technology was all encompassing to address insecurity.

“According to the National Identity Management Commission (NIMC), as of December 2023, only 104.2 million Nigerians had been enrolled for the National Identity Number (NIN).’’

Ajuonu added that over 122.2 million citizens left uncaptured for NIN were people in rural areas where enrolment centres, digital services were limited.

“Most crimes are being perpetuated from rural communities and this lack of comprehensive identification creates a gap where elements not captured in the national database can constitute public nuisance, crimes.

“There is the inadequacy in the integration of NIN, BVN and Voters Identification Number (VIN).

“Advanced call interception and analysis tools, used successfully in other countries, could provide invaluable insights into criminal networks and operations but infrastructure is lacking,’’ he said.

Also, Mr Godfrey Petgrave, the Agricultural Expert, Sydani Group, called for empowerment of smallholder farmers with access to finance and training to enhance productivity.

According to Petgrave, Nigeria requires policy reform and institutional strengthening to improve agricultural practices and embrace digital agriculture solutions to address food insecurity.

Mr Akolade Jimoh, another expert of the group on health, advocated for expanded community-based health insurance programmes for rural and underserved areas.

Jimoh added that the country needed to encourage Public Private Partnership to revolutionise products design and quality improvement on health services.


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Konga launches Infinix Brand Week with Incredible Deals

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Konga, Nigeria’s leading composite e-commerce group, is thrilled to announce the launch of amazing deals at its Infinix Brand Week. Infinix, a leading global smartphone brand known for its innovative products and cutting-edge technology promises exclusive discounts and special offers on select smartphones, marking an exciting milestone in the realm of online shopping.

Shoppers can expect nothing short of extraordinary deals on a wide range of Infinix products, all available exclusively on the Konga online platform. With discounts of up to 30% off, this partnership between Konga and Infinix aims to redefine the shopping experience for tech enthusiasts across Nigeria.

Konga Brand Week has become synonymous with excitement and unbeatable deals, and this year’s edition is no exception. In addition to exclusive discounts on Infinix smartphones, shoppers can explore a diverse array of products across various categories, including electronics, fashion, home essentials, and more.

“At Konga, we are dedicated to providing our customers with the best shopping experience possible,” said Rita Ohaedoghasi, VP Marketing at Konga. “The Infinix Week during Konga Brand Week allows us to continue delivering on that promise by offering incredible discounts and special offers on some of the most sought-after smartphones in the market.”

To stay updated on the latest developments and exclusive deals during Konga Brand Week, shoppers are encouraged to connect with Konga across all platforms, including social media and the Konga website. Don’t miss out on this opportunity to score big savings and elevate your tech game with Infinix and Konga.


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Study Reveals Software Programmers to make Full Use of AI Code Assistants

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Gartner predicts that by 2028, 75 percent of enterprise software engineers will use Artificial Intelligence (AI) code assistants, up from less than 10 percent, currently.

According to a Gartner poll of 598 global respondents conducted in the third quarter of 2023, 63 percent of organisations are now testing, deploying, or have previously implemented AI code assistants.

AI code assistants provide for more capabilities than only code development and completion, notes the research firm.

According to Gartner, the use of AI code assistants can lead to higher work satisfaction and retention, resulting in lower turnover costs.

Philip Walsh, senior principal analyst at Gartner, comments: “Software engineering leaders must determine ROI and build a business case as they scale their rollouts of AI code assistants.

“However, traditional ROI frameworks steer engineering leaders toward metrics centred on cost reduction. This narrow perspective fails to capture the full value of AI code assistants.”

Gartner notes that software engineering leaders must “reframe the ROI conversation from cost reduction to value generations”.

Walsh adds: “Calculating time savings on code generation is a good place to begin building a more robust value story. To convey the full enterprise value story for AI code assistants, software engineering leaders should connect value enablers to impacts, and then analyse the overall return to the organisation.”

 


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