Ban sports betting apps to improve Nigeria's economy - Reno Omokri tells Tinubu

Former presidential aide, Reno Omokri has said that President Bola Tinubu could improve the economic situation of the country by banning sports betting apps.

According to him there is an epidemic of gambling in Nigeria and it is destroying Nigerian youths. He added that a lot of the petty crime in Nigeria is caused by youths seeking money, by any means, to fund their gambling habit.

He said this in a post shared on his X page on Wednesday, January 3, 2024.

Omokri charged President Tinubu to investigate and ensure the sports betting in Nigeria is curtailed.

He wrote;

"President Tinubu can immediately improve the economic conditions of most Nigerians and make the Naira grow by issuing an Executive Order authorising the Nigerian Communications Commission to ban sports betting apps from the App Store of any GSM Internet Service Provider in Nigeria and revoking the licenses of any physical sports betting operators in Nigeria. It makes better sense than Buhari's draconian #TwitterBan.

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 circumstances.

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."

President Tinubu can immediately improve the economic conditions of most Nigerians and make the Naira grow by issuing an Executive Order authorising the Nigerian Communications Commission to ban sports betting apps from the App Store of any GSM Internet Service Provider in…

— Reno Omokri (@renoomokri) January 3, 2024