Reno Omokri, a social media activist, has called on Bola Tinubu to consider banning sports betting apps as a means to strengthen the Nigerian currency and enhance the country’s economic prospects.
Omokri stated this through his X handle, previously known as Twitter, highlighting that Nigeria witnesses a daily expenditure of $1 billion on gambling.
He said Tinubu could enhance the economic well-being of a majority of Nigerians and bolster the Naira by promptly issuing an Executive Order empowering the Nigerian Communications Commission to prohibit sports betting apps from the App Store of any GSM Internet Service Provider in Nigeria, while also annulling the licenses of physical sports betting operators in the country—a more sensible approach compared to Buhari’s stringent #TwitterBan.
Omokri 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
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“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.”