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

You must be logged in to post a comment Login

Leave a Reply

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

Army DSS Police Army DSS Police
Politics1 hour ago

‘DSS, Military Directly Contacted Bandits To Free 38 Eruku Church Worshippers’: Presidency Confirm

The Presidency says DSS operatives and the military made direct contact with the bandits who abducted 38 worshippers in Kwara,...

mercy eke mercy eke
Entertainment2 hours ago

‘I’m Ready to Have a Child Outside Marriage:’ Mercy Eke Declares (Video)

BBNaija star Mercy Eke has revealed she is prepared to become a mother outside marriage, saying she can comfortably raise...

lady criess lady criess
Entertainment2 hours ago

‘I Begged Them to Reject Me’: Female Corper Posted to Cemetery Cries Out (Video)

A viral video has captured the emotional moment a female NYSC corper broke down after being posted to serve as...

wike inspect wike inspect
News3 hours ago

FCT Minister Wike Threatens to Take Over Properties of Ground Rent Defaulters

FCT Minister Nyesom Wike has warned that Abuja property owners who fail to settle their outstanding ground rent by Tuesday...

Wife allegedly stabs husband to death 3 days after wedding Wife allegedly stabs husband to death 3 days after wedding
News4 hours ago

Wife Allegedly Stabs Husband to Death 3 Days After Wedding

A newlywed groom, Abubakar Abdulkarim, popularly known as Dan Gaske, was allegedly killed by his wife just three days after...

ondo ondo
Education4 hours ago

Wesley University Slashes Tuition Fees by 50% to Ease Financial Burden on Students

Wesley University, Ondo, has announced a 50% reduction in tuition for several programmes, excluding medicine, nursing, law, and select medical...

amorim amorim
Sports5 hours ago

‘They Deserve to Win,’ Ruben Amorim Blasts Players After Man United Unbeaten Run Ends Against 10-Man Everton

Manchester United manager Ruben Amorim expressed his frustration after the Red Devils’ 1-0 defeat to 10-man Everton.

ODIRA NWOBU ODIRA NWOBU
Entertainment7 hours ago

Actor Daddy Billy Shares Video He Took with Odira Nwobu Two Hours Before His Demise (Watch)

Nollywood has been thrown into deep sorrow following the sudden passing of beloved actor and comedian Odira Nwobu, just hours...

neco 1 neco 1
Education7 hours ago

NECO Launches New Examination Centre in London

The National Examinations Council (NECO) has launched a new SSCE Centre in London, United Kingdom...

governor reveals governor reveals
News7 hours ago

Nigerians Cry Out as Governor Reveals Identities Behind Bandit Attacks, Video Trends (Watch)

A Nigerian governor has stirred major controversy after stating during an Arise TV interview that “We know the Terrorists, we...

Advertisement