Nigeria enhances transparency in gambling with NLTF and NFIU partnership

The National Lottery Trust Fund (NLTF) has strengthened its commitment to enhancing transparency and accountability within Nigeria's gaming industry by renewing its partnership with the Nigerian Financial Intelligence Unit (NFIU). This collaboration aims to ensure the timely remittance of lottery proceeds, which will support various good causes across the nation.

During a recent visit to the NFIU headquarters, NLTF Executive Secretary, Comrade Tosin Adeyanju, commended the NFIU for its ongoing support. He stated, "We are proud of what you are doing and how you have been supporting our organization. This partnership will also provide more opportunities to assist rural communities through our good causes projects, focusing on health, education, sports, environment, agriculture, and disaster management." Adeyanju emphasized that their joint efforts are geared towards promoting sustainable development and uplifting marginalized communities.

In response, NFIU Chief Executive Officer Hafsat Bakari expressed her appreciation for the NLTF's initiatives. She noted, "It is an honor and privilege to receive your team. Your strategic plan is laudable and shows you are ready to work. We hope to continue our robust relationship with your organization so it can continue its good causes across Nigeria." Bakari highlighted the importance of their partnership in providing critical intelligence and expertise to enhance the NLTF's impact on vulnerable populations.

This renewed collaboration reflects both organizations' dedication to fostering a transparent lottery system that not only adheres to regulatory standards but also significantly contributes to national development efforts through targeted interventions.