- Advertisement -


Oyo Govt Warns Property Coys, Telcos, Others On Promotional Lottery


Oyo State government has warned individuals, groups and corporate organisations who engage in promotional lotteries to ensure they do the needful before engaging in the effort or face the wrath of the law.

The Director General, Oyo State Gaming and Lottery Board, Mr Olajide Boladuro gave the warning while featuring during a program on an Ibadan based radio station which was monitored.

He said the warning became imperative in view of the need to protect the interest of residents of the state who often fall prey to corporate organisations antics of wooing them to improving sales by offering prizes and gift items as incentives for patronage.

Boladuro explained that the Gaming and Lottery law that is operational in the state stipulates that individuals, corporate organisatio s or even groups who wants to engage in any form of promotional lotteries in the state must be registered and carry the board along in the processes.

He also noted that it has been observed that many company often defaults in redeeming prizes and gifts to winners thereby failing in their claims, a move he said the Board frowns at.

The DG said “Promotional lottery as it is contained in the existing laws of the states clearly that anybody, company, entities or group of people who are running promotional lotteries, especially corporate organisations including telecommunication companies (telcos), house and property companies who deals in selling of property and roll out promotion of giving gifts to people after purchasing property have to register with the state and the agency that is saddled with that responsibility is the Oyo State Gaming Board.

“For as many that don’t know, but for some others, we have been out to some of these companies and corporate organisations where we took letters to them for them to understand clearly that they needed to register with us, especially when you are giving out gifts to people.

- Advertisement -

“Before they go on air to roll out the gifts and prizes they want to give out such as electronics, household items or any other gift items, we have to know about it, we have to be accountable, we have to check and make sure that the things that they said they want to give out to the people of the state as gifts or prizes are true and are intact.

“It is in our purview for us to regulate those who are doing promotional lottery in Oyo state and we will do it.”

On efforts to ensure the concerned corporate organisations are aware and comply with the law, Boladuro said “of course, the best weapon to use is the media.

“Like I said earlier, we have been to some of the affected company’s offices in the past. In actuality, there is a particular company that even refused to receive the letter from the Board to bring them up to speed as to what is obtainable for them to run that kind of programme in the state.

“So, we are using this opportunity to let all these companies know again, that anything promotional by any company including filling stations, telecos, or any company at all that is running any promotion to attract the residents to do something in order to earn or win any gift items or prizes, need to have their company registered with Oyo State Gaming Board and also make a payment for a promotional license to do such.

“They are suppose to register for the promotion, but in case the company wants to do it on a regular basis like we are seeing in some companies, they are to be registered with the state, even before the promotion and when they want to do the promotion, they must inform the board and give the details of the promotion and carry the board along and there is a fee for running every promotion but they are required to register in the state with an initial sum as required by the law and that is renewable annually.”

Related Posts

  • 62
    NCC Shuts Down All Telecom Sites In ZamfaraThe Nigerian Communications Commission (NCC) has directed telecommunications providers to shut down services in Zamfara State. The shutdown is to last for two weeks. This was disclosed in a memo signed on Friday by the vice-chairman of the NCC, Professor Umar Danbatta, and addressed to one of the telecoms providers.…
    Tags: state, business
  • 58
    Niger Closes 8 Banks Over N456m Tax DebtNiger State Internal Revenue Service has closed the branches of eight banks and three other organisations over N456.7m unpaid tax liability. The chairman of the service, Mohammed Madami Etsu, disclosed this yesterday in Minna, Niger State. He said the exercise was carried out in line with the provisions of the…
    Tags: organisations, state, business
  • 56
    We are sorry, MTN begs subscribers over service outageTelecoms company MTN Nigeria has apologised to its customers over service disruptions in some parts of the country on Saturday. Some MTN customers lost signals on their phones in some parts of the country. They were unable to either make or receive calls. Short Messaging Service (SMS) or text message…
    Tags: business
  • 53
    Covid-19: GTBank Threatens To Slash Salaries Of Staffers Yet To Get Vaccinated By 50%  Employees of Guaranty Trust Holding Company Plc, owners of GT Bank stand to lose 50 per cent of their salary if they fail to get vaccinated for Covid-19, LEADERSHIP gathered last night. According TheNewsGuru, “a protracted Covid-19 emergencies among its staffers has forced Guaranty Trust Holding Company Plc (GTCO),…
    Tags: company, business
  • 51
    More Banks To Publish Lists Of Forex DefaultersThere are indications on Saturday that more banks will publish names and account details of customers who purchased cheap forex from the banks for Business Travel Allowance and Personal Travel Allowance but did not embark on their foreign trips. Sources from some of the banks, who spoke to our correspondent,…
    Tags: business

- Advertisement -

- Advertisement -

Leave A Reply

Your email address will not be published.

WP Twitter Auto Publish Powered By : XYZScripts.com