fbpx
Connect with us

Business

‘Ban Bet9ja, Nairabet, Other Sports Betting Apps In Nigeria’, Reno Omokri Tells Tinubu

He highlighted the economic impact, stating that a significant portion of the money spent…

Published

on

Reno Tinubu
Reno Omokri and President Bola Tinubu

Reno Omokri, the former Special Assistant to former President Goodluck Jonathan, has called on President Bola Tinubu to ban sports betting apps in Nigeria.

VerseNews reports that Omokri in a of tweet on X (formerly Twitter) said such a ban could improve the value of the Naira, citing the National Lottery Trust Fund’s claim that $1 billion is spent daily on gambling in Nigeria.

He highlighted the economic impact, stating that a significant portion of the money spent on gambling leaves the country.

Advertisement

He urged Tinubu to issue an Executive Order to ban sports betting apps, emphasizing the potential positive effect on the nation’s economy.

Omokri wrote: “President Tinubu can immediately improve the economic conditions of most Nigerians and make the Naira grow by issuing an Executive Order authorising the Nigerian Communications Commission to ban sports betting apps from the App Store of any GSM Internet Service Provider in Nigeria and revoking the licences of any physical sports betting operators in Nigeria. It makes better sense than Buhari’s draconian #TwitterBan.

“There is such an epidemic of gambling in Nigeria and it is destroying Nigerian youths. $1 billion is spent on gambling daily in Nigeria, according to the National Lottery Trust Fund. Please fact-check me. The average Nigerian spends $15 daily on sports betting and other types of gambling, with the vast majority of that amount leaving our economy and going to places like Russia, South Africa, and Europe. The Naira can never sustain its rally under such circumstances.

Advertisement

“A lot of the petty crime in Nigeria is caused by youths seeking money, by any means, to fund their gambling habit. It would be irresponsible for a first-class accountant like Tinubu not to act on such a matter as threatening to our national security as this gambling epidemic.”

WhatsAppCOnnect

Stay ahead with VerseNews. Get the latest breaking news, insightful analysis, and trending stories. Your go-to source for timely updates and unbiased reporting.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

'My Wife's Ring Can Buy 2 Or 3 Rolls Royce' - Davido Brags As Chioma Flaunts $1 Million Diamond Ring (Video) 'My Wife's Ring Can Buy 2 Or 3 Rolls Royce' - Davido Brags As Chioma Flaunts $1 Million Diamond Ring (Video)
Entertainment3 months ago

‘My Wife’s Ring Can Buy 2 Or 3 Rolls Royce’ – Davido Brags As Chioma Flaunts $1 Million Diamond Ring (Video)

Nigerian Afrobeat star Davido and his fiancée Chioma Rowland, who are set to wed on June 25th, made headlines as...

Labour Party Leadership Crisis Resolved As Abure and Apapa Factions Unite Labour Party Leadership Crisis Resolved As Abure and Apapa Factions Unite
Politics3 months ago

BREAKING: Labour Party Leadership Crisis Resolved As Abure and Apapa Factions Unite

The Labour Party's leadership crisis has ended as factions led by Julius Abure and Lamidi Apapa reconciled to present a...

EXCLUSIVE: Nigerians To Start Using Three-In-One National Identity Card Soon EXCLUSIVE: Nigerians To Start Using Three-In-One National Identity Card Soon
News3 months ago

EXCLUSIVE: Nigerians To Start Using Three-In-One National Identity Card Soon

NIMC is set to launch a versatile three-in-one identity card for Nigerians, featuring payment capabilities and social service functionalities, following...

HND Holders From Polytechnics Must Undergo One-Year Mandatory Training - FG HND Holders From Polytechnics Must Undergo One-Year Mandatory Training - FG
Education3 months ago

HND Holders From Polytechnics Must Undergo One-Year Mandatory Training – FG

Dr. Folasade Yemi-Esan, Head of the Civil Service, has mandated HND holders to undergo a one-year training before promotion to...

EFCC Arrests Two Ex-Union Bank Employees For Stealing N4.2m From A Dead Customer's Account EFCC Arrests Two Ex-Union Bank Employees For Stealing N4.2m From A Dead Customer's Account
News3 months ago

EFCC Arrests Two Ex-Union Bank Employees For Stealing N4.2m From A Dead Customer’s Account

The EFCC arrested two former Union Bank employees in Makurdi for embezzling N4.2 million from a deceased customer's account.

Christ Embassy Church Headquarters in Lagos On Fire Christ Embassy Church Headquarters in Lagos On Fire
News3 months ago

BREAKING: Christ Embassy Church Headquarters in Lagos On Fire (Video)

The Christ Embassy Church headquarters in Ikeja, Lagos caught fire on Sunday morning.

BREAKING: Finidi George Resigns As Super Eagles Head Coach BREAKING: Finidi George Resigns As Super Eagles Head Coach
Sports4 months ago

BREAKING: Finidi George Resigns As Super Eagles Head Coach

Finidi George resigns as the head coach of the Super Eagles, following the NFF's plan to hire a foreign technical...

Tension As President Tinubu Falls, Hits Head On Parade Vehicle During Democracy Day Tension As President Tinubu Falls, Hits Head On Parade Vehicle During Democracy Day
News4 months ago

Tension As President Tinubu Falls, Hits Head On Parade Vehicle During Democracy Day (Video)

Nigerian President Bola Tinubu stumbled and fell during the June 12 Democracy Day parade, sparking renewed concerns about his health.

Democracy Day: FG Announces Date for Public Holiday Democracy Day: FG Announces Date for Public Holiday
News4 months ago

Democracy Day: FG Announces Date for Public Holiday

The Federal Government has announced June 12 as a public holiday to celebrate Democracy Day.

5 Best Video Interview Software You Should Be Using 5 Best Video Interview Software You Should Be Using
Career News4 months ago

5 Best Video Interview Software You Should Be Using

Zoom, HireVue, and Spark are some of the best video interview software. These tools enhance efficiency, improve candidate experience, and...

Advertisement