Connect with us


EFCC Retrieves N4.16bn Unpaid Revenue From Lottery Companies



Zainab Sanni

The acting Chairman of the Economic and Financial Crimes Commission, Mohammed Abbah, on Thursday announced that the commission has recovered over N4.16 billion unpaid revenue from lottery companies.

Abbah who spoke while hosting a delegation of the Ministerial Task Force for recovery of unpaid revenues from lottery businesses, led by its chairman, Williams Alo, on Wednesday, the EFCC boss said, “We mapped out strategies which resulted in the recovery of over N4.16bn from lottery companies, operating in Abuja with over N3b from their counterparts, operating in Lagos State.”

A statement on Thursday by the EFCC spokesman, Wilson Uwujaren, entitled, ‘EFCC recovers over N4.16b unpaid lottery revenue,’ noted that Abbah further assured the task force of the EFCC’s unwavering support.

READ ALSO: Fuel, Electricity Hike: Court Halts NLC, TUC Strike

“We are willing and ready to partner with you to ensure that lottery companies that have continuously shortchanged the government are made to cough out all the revenues they had deprived the government over the years,” he pledged.

He noted that the lottery firms operating in the country were not forthcoming in remitting revenues that were due to the government, hence the intervention by the EFCC.

Facebook Comments

Copyright © 2020