The Special Assistant to former president Goodluck Jonathan, Reno Omokiri has said the high rate of gambling in Nigeria has destroyed a lot of youth in the country.
According to the National Lottery Trust Fund, it was recorded that $1 billion is spent on gambling daily in Nigeria.
It was learnt that the average Nigerian spends $15 daily on sports betting and other types of gambling.
Reno urges President Tinubu to immediately improve the economic conditions of most Nigerians and make the Naira grow by issuing an Executive Order authorizing the Nigerian Communications Commission to ban sports betting apps from the App Store of any GSM Internet Service Provider in Nigeria and revoking the licenses of any physical sports betting operators in Nigeria, It makes better sense than Buhari’s draconian #TwitterBan.โ
Reno said โ There is such an epidemic of gambling in Nigeria and it is destroying Nigerian youths. 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.
โMore money is leaving Nigeria through gambling than is coming in. Buhari was thoroughly useless in that he was an anti-intellectual who was led by the nose by his former recharge card seller turned overnight billionaire nephew, Tunde Sabiu. But Tinubu is an accountant. He must know that this parasitic economic sabotage will destroy Nigeria if left unchecked.
โA 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.
โ Just imagine millions of able-bodied youths waking up daily not to do any productive work but to waste away their lives online and offline at sports betting shops. And we have a government in place led by a first-class graduate in economics,โ he concluded.