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Edo Signs Law To Regulate Sports Betting

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The Edo State Governor, Godwin Obaseki, has signed a new law to regulate lottery, online sports betting and gaming in the state, with a view to restoring sanity and rid the sector of fraudulent actors.

The law, known as the Edo State Gaming Law 2020, was passed by the Edo State House of Assembly and consented to by Governor Obaseki.

The FidelinfoNews gathered that this was contained In a statement on Monday, Chairman, Edo State Internal Revenue Service, Igbinidu Inneh, said the Gaming Law, which repealed the Bendel State Lotteries Edict 1990, empowers the EIRS to regulate activities and conduct of stakeholders in the gaming industry, to the extent of granting licenses to gaming operators and agents, as well as make regulations.

Inneh said: “The new law will bring value to the gaming industry, restore sanity, rid off illegal and fraudulent gaming operators and ultimately improve the standard of gaming activities in Edo State.

“It would be achieved through issuance of licenses to approved gaming operators and agents upon meeting certain requirements, effective monitoring and enforcement, as well as sanctions of erring operators where necessary.”

Inneh added that the Edo State Gaming Law 2020 was also meant to improve the Internally Generated Revenue of the state through the payment of taxes, which he said would assist the government in the provision and improvement of infrastructure for the people.

End.

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BREAKING: Alaafin Of Oyo’s wife, Olori Is Dead [PHOTO]

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Few months after the demise of Lamidi Adeyemi, Alaafin of Oyo, one of the late monarch’s wives, Olori Kafayat, has passed away.

Details of the queen’s death are still sketchy at press time . The FidelinfoNews gathered that she breathed her last on Friday night.

 

Olori Kafayat Adeyemi, who was the fourth wive of the late Oba Adeyemi III, was the mother of Prince Adebayo Adeyemi (D’Gov), the present Chairman of the Oyo State Local Government Pensions Board

The Alaafin of Oyo, Oba Lamidi Adeyemi, who died in April, lived his life to the fullest.

He was a boxer, gym enthusiast, a dandy dresser, quite energetic (he embarked on a three-hour road walk on his 82nd birthday) and boasted of some of the most beautiful queens in his harem.

That his light-skinned oloris, all 18 of them, could pass for beauty queens was never in doubt.

 

 

 

 

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BREAKING: Buhari Okays Reappointment Of Oniha As DG Boss

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President Muhammadu Buhari has approved the renewal of the appointment of Patience Oniha as the Director-General of the Debt Management Office (DMO) for a second term of five years.

A statement issued in by the Senior Special Assistant to the President on Media and Publicity, Mallam Garba Shehu, said the re-appointment was in accordance to Section IV (9-i) of the Debt Management Office (Establishment ETC) Act, 2003.

The statement further said that the renewal takes effect from July 1, 2022.

“Her appointment for a second term was based on the significant achievements recorded by the DMO in the last 5 years, under her leadership.

“Amongst the achievements are the introduction of Sukuk and Green Bonds to finance the development of infrastructure where there is a huge gap.

“Under her watch, as part of the initiatives to improve the sustainability of the public debt and opening up avenues for raising long term funds for corporates, the DMO introduced long term Bonds with tenors of 30 years in the domestic and international markets.

“This is aside from attracting diverse investors including retail investors to the FGN Bond Market, ” the statement said.

It further added, “Internally, Oniha introduced reforms to strengthen the DMO, as a critical agency in the public finance ecosystem of the country.”

End.

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Senate To Continue Investigation Despite CJN’s Resignation

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The Senate has resolved to continue with its investigation into the crisis in the Supreme Court despite the resignation of Justice Tanko Muhammad as the Chief Justice of Nigeria (CJN).

Lawmakers in the upper chamber of the National Assembly made the resolution during the plenary on Tuesday following a motion moved by the Chairman of the Senate Committee on Judiciary, Human Rights and Legal Matters, Senator Opeyemi Bamidele.

Addressing his colleagues during Tuesday’s plenary, Senator Bamidele who cited Orders 41 and 51 to move the motion drew the attention of the Senate to the assignment given to the committee at the last plenary, relating to the state of affairs of the Supreme Court.

The Senate, in its resolution, mandated the committee to go ahead with its assignment in the quest to find a long-lasting solution by interacting with relevant stakeholders to look into the complaints raised in the petition by the justices.

It also directed the committee to interface with relevant stakeholders in the three arms of government and other stakeholders and collate aggregate views and positions on the short-term, medium-term and long-term measures needed to decisively address the crisis facing the judiciary.

The lawmakers stated this to include the immediate fiscal interventions, as well as long-term and sustainable budgetary allocations required for the optimal performance of the judiciary in line with global best practices.

They also resolved to wish Justice Muhammad well after many years of meritorious service to the nation and to pray for his good health.

The Senate President, Ahmad Lawan, had last Tuesday directed the committee to get involved in the matter with a view to unravelling the root cause of the problem in the judiciary and how best the Senate could intervene to address the concerns raised by the justices.

Justices of the Supreme Court had in a petition addressed to the immediate past CJN raised concerns over the deplorable welfare conditions and difficult working environment in the apex court.

 

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