Nigeria’s Minister of Sports Development, Senator John Enoh, has revealed plans to pursue a Lottery Trust Fund that is specific to sports, in order to significantly bolster funding for the sector.
The Minister made the statement during a briefing and outlined his vision for this financing model as he highlighted the critical need for sustained and enhanced funding to elevate Nigeria’s sports industry to new heights.
“Part of the funding models and ideas the Ministry of Sports Development is trying to work on is on trying to explore the possibilities of having a lottery trust fund that is specific to sports,” Senator Enoh said.
“In other developed climes, there is a dedicated Lottery Trust Fund for sports. This does not mean we do not have a right or a claim to the Lottery Trust