The federal government has launched Project Phoenix, a transformative initiative designed to enhance revenue collection in the lottery and gaming sector
In an inaugural meeting of the Joint Committee for the implementation of the initiative, the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, said that the initiative would ensure a transparent revenue collection in the country’s lottery. And gaming sector.
In a statement, in Abuja, this evening, the Director of Information and Public Relations of the Ministry, Mohammed Manga was quoted the minister as saying, that “The project will also strengthen regulation, ensure compliance, recover outstanding revenues from operators, and implement advanced monitoring systems to safeguard consumers”.
The project’s key deliverables include the successful implementation of the Revenue Assurance Platform (RAP), recovery of outstanding revenues, and policy recommendations to further improve the sector.
The Minister emphasised the importance of boosting domestic resources to support Nigeria’s economy and social programmes.
He explained that the lottery and gaming sector, through RAP, would ensure transparent revenue collection while protecting consumers from fraudulent activities.
He urged all committee members to work collaboratively, assuring them of the government’s support in achieving the project’s goals.
