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Buruji Kashamu’s Underhand Tactics Cause Chaos, Confusion In Nigeria’s Lotto Industry

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A looming war is threatening the hitherto peaceful operation of the lotto industry in Nigeria no thanks to the underhand tactics of Senator Buruji Kashamu in his desire to illegally take over the industry in the country.

At the centre of the storm is the seeming collaboration of officials of the National Lotto Regulation Commission (NLRC) with Kashamu to bastardised due process guiding the rules and regulations of the industry in Nigeria.

Members of the Lotto Operators Association of Nigeria are not ready to fold their arms hence their decision to take every legal step to stop both Senator Kashamu and his cohorts in the NLRC from perpetrating their illegalities.

The bone of contention is the ownership of the Ghana Games in Nigeria.

Ghana Games have been introduced to Nigeria by major lotto operators in Nigeria. They worked hard to popularise the games and make them the favourites of lotto players in the country.

Just as the Ghana Games began popular acceptance in Nigeria, Kashamu appeared suddenly claiming exclusive ownership of the games.

He not only claimed exclusive ownership of the games, he also aimed at collecting commission from other operators operating the Ghana games. In fact, he claimed that he is entitled to 40% from each operator operating the Ghana games.

The other operators resisted this and Kashamu went to court. The other operators also raised their legal team to counter him in court.

A total of 25 lotto operators were taken to court by Kashamu claiming exclusive ownership of the Ghana games from them while the NLRC is one of the respondents in the case. The case is ongoing in court.

But Kashamu suddenly introduced a bizarre twist to the story – he is seeking an out of court settlement with the NLRC thereby leaving the other operators in the lurch.

The question on the lops of many is why would Kashamu seek an out of court settlement in a case he is the plaintiff?

Not a few, particularly members of the lotto operators association, suspected foul play.

The many questions on the lips of many is why will Kashamu rush to sign an out of court settlement in a case he initiated? Has he suddenly lost faith in the court process? Why is he such in a hurry for a back door out of court settlement?

Going by his unscrupulous antecedents, many believed that Kashamu’s sudden love affair with NLRC would not bear any good fruit.

Aware of the desperate, underhand tactics of Kashamu, aided by NLRC officials, to circumvent due process, the other lotto operators, determined not to allow this to happen, swung into action.

Already they have written a petition to the House of Representatives Committee on Gaming which has commenced full investigation into the matter.

They have not stopped – they have also sent petitions to the Senate and the Secretary to the Government of the Federation (SGF).

The lotto operators are protesting the move by the NLRC to sign out of court agreement with Kashamu behind their back. “This is very suspicious and inimical to the progress of other operators. Signing such agreement with him, will Kashamu a pseudo-regulator where other operators will now be paying him royalties for inventing nothing, a case of eating where he did not sow,” an official of one of the lotto operators based in Ibadan explained to this medium.

Further investigations at the NLRC revealed that indeed Kashamu’s nocturnal activities in the commission have polarised staff and management of the commission. There are claims and counter claims of money inducement among staff and management of the commission and Kashamu, huge sums of money were reported to have exchange hands and Kashamu even had the gut to introduce a consultant to the commission.

The lotto operators have vowed not to waiver in their collective struggle to ensure that due process is not toy with by Kashamu and his cohorts in the NLRC.

The die is indeed cast!

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Dr. Babatunde Onadeko Appointed as Chairman of AERMP Public Sector Committee

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The Association of Enterprise Risk Management Professionals (AERMP), Nigeria’s leading body for risk management practice, has announced the appointment of Dr. Babatunde Onadeko as the new Chairman of its Public Sector Committee.

Dr. Onadeko, who also serves as the Chief of Staff to Distinguished Senator His Excellency Otunba Engr. Gbenga Daniel, was inaugurated during the AERMP’s 2024 Year-End Conference and Induction of new members held on Saturday, 14th December, at Victoria Island, Lagos.

The ceremony was graced by notable figures in the industry, including AERMP President Mrs. S. Taiwo Ige, Director-General Olayinka Odutola, and several past and present leaders from related professional bodies like CIBN and the Chartered Institute of Directors.

Notable attendees included Prof. Deji Olanrewaju, Alh. Tijanni Borodo, Dr. Uche Messiah Olowu, Prof. Segun Ajibola, and Dr. Uju Ogubunka.

The event also saw Dr. Ayotunde Coker, CEO of Open Access Data Centres, delivering a keynote address, while Mrs. Folasade Femi-Lawal, Country Manager for West Africa at Mastercard, was inaugurated to lead the Women in Risk Management initiative.

In his acceptance speech, Dr. Onadeko, a distinguished fellow of the AERMP, expressed his commitment to leveraging his extensive experience to meet the committee’s objectives, aiming to enhance public sector risk management practices across Nigeria.


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From Business Maverick to Seasoned Politician: The Enduring Legacy of Otunba Gbenga Daniel

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In the archives of The Guardian newspaper, a publication dated February 29, 1988, reveals a fascinating story of a young and ambitious businessman, Mr. Gbenga Daniel. At the time, Daniel was the General Manager of H.F-Schroeder (W.A) Limited, a company that distributed Express and Sabiem lifts, Demag cranes, and Hoists.

The article highlights Daniel’s business acumen and strategic vision as he embarked on a European tour to explore new business opportunities. His itinerary included meetings with officials from Express Lift Company Limited in Northampton, Morganite International Limited in London, and Onan International in Peterborough.

Little did anyone know that this young businessman would go on to achieve greatness in multiple fields. After leaving Schroeder, Daniel established his own company, Kresta Laurel Ltd which became the first indigenous lift company in Nigeria. This bold move marked the beginning of an illustrious career that would take him to the pinnacle of success.

Today, Mr. Gbenga Daniel is known as Otunba Gbenga Daniel (OGD), a renowned politician who has made an indelible mark on Nigeria’s political landscape. A two-time governor of Ogun State, OGD has consistently demonstrated his commitment to public service and his ability to drive positive change.

Currently, OGD serves as a senator of the Federal Republic of Nigeria, representing the good people of Ogun East Senatorial District in the National Assembly. His dedication to his constituents and his passion for nation-building have earned him a reputation as a respected and effective leader.

As we reflect on OGD’s remarkable journey, we are reminded that success is often the result of hard work, determination, and a willingness to take calculated risks. From his humble beginnings as a young businessman to his current status as a respected politician, Otunba Gbenga Daniel’s story is a testament to the power of vision, perseverance, and leadership


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AICL’s GMD, Tamuno hosts Indian Investors

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Amb. Dr. Maureen Tamuno, the Group Managing Director and Chief Executive Officer, recently hosted a delegation of investors from India to discuss strategic collaborations aimed at driving Abuja’s development.

The meeting focused on identifying areas of mutual interest and potential investments that align with the city’s growth objectives. With shared goals and a mutual vision for progress, the discussions underscored the importance of fostering international partnerships to unlock new opportunities for sustainable development.

Dr. Tamuno emphasized the significance of such collaborations in boosting economic activities, enhancing infrastructure, and creating employment opportunities in Abuja. Both parties expressed optimism about the prospects of these initiatives, which are expected to contribute meaningfully to the city’s future.

This engagement marks a pivotal step in strengthening Abuja’s position as a hub for global investment and innovation.

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