MTN Rewards 78 Year-Old Man 4 years ago 0

Fourteen customers of MTN Nigeria Limited including a 78-year-old man, Babafemi Ladipo, who participated in the company’s Goodwill Automania, received Hyundai Sports Utility Vehicles in Oyo State on Thursday. The prize presentation is the second of its kind since the game commenced on May 11, 2012.

The Director, Compliance and Enforcement, of National Lottery Regulatory Council, Mr. Sajo Mohammed, said that its trust fund had grown to about N4bn between 2009 till date. Mohammed said the trust fund was established under the 2005 Lottery Act.

Mohammed said the funds were accrued from the mandatory 20 per cent remittance from every lottery promo in the country. Mohammed, who, was at the presentation to ensure that the real winners were given the cars, said that previous presentations by some companies had been characterised by fraud.

He said since 2009 it had never been business as usual, as companies who wanted to organise a lottery have had to follow the laid rules. He warned that any company that failed to apply the rules before organising a lottery in any part of the country would be sanctioned by the council.

Mohammed, who explained that there were two types of lotteries, said some companies were given permanent licences while companies like MTN were given temporary ones which would not exceed one year. According to him, any organisation trying to organise a lottery is expected to pay 20 per cent of the proceeds which is meant for Nigerians. Home Page

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