Social media activist Reno Omokri has urged Bola Tinubu to think about outlawing sports betting applications in order to improve the Nigerian currency’s value and the nation’s economic outlook.
Through his X handle, which was formerly known as Twitter, Omokri made this statement while emphasising that $1 billion is spent on gaming every day in Nigeria.
He claimed that by swiftly issuing an Executive Order enabling the Nigerian Communications Commission to forbid sports betting apps from the App Store of any GSM Internet service provider in Nigeria and to revoke the licences of physical sports betting operators in the nation, Tinubu could improve the economic standing of most Nigerians and strengthen the Naira. This is a more sensible course of action than Buhari’s strict #TwitterBan.
He added, “There is such an epidemic of gambling in Nigeria and it is destroying Nigerian youths. $1 billion is spent on gambling daily in Nigeria, according to the National Lottery Trust Fund. Please fact-check me. The average Nigerian spends $15 daily on sports betting and other types of gambling, 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 circumstance
“This is scary. How much is our GDP that we are pissing it away like that? More 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.
“A 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.”
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