National lottery trust fund act

Promote access to lottery funding given dwindling sources of public finance and deliver positive social outcomes (benefits) for those most in need through the promotion of good causes in our development work country-wide.

Intervention Delivery

Deliver our intervention programs in line with the aims set out in our strategic plan which focuses on the use of our resources (as approved by the President upon recommendation of our Board of Trustees), whilst retaining the flexibility to respond quickly and effectively to changing demands from applicants, potential applicants and grant recipients; and remain steadfast in intervening in projects prescribed by the extant law.

Building awareness

Continue building awareness of the value of lottery to modern life and its transformational legacy, and foster understanding of the role of national lottery funding among Nigerians.

Grant Strategies

Investigate and develop industry-relevant grant-making policies and initiatives in response to external challenges and opportunities within our operating environment.

Strategic Consultations

Commence consultations with the general public and key stakeholders in the lottery industry, and develop our strategic plan.

Internal Communication

Continue to develop effective internal communication for the National Lottery Trust Fund.

Service Progress

Make progress against service delivery targets as enshrined in the ‘Servicom Charter’ and reflect the Principles of Federal Character in our grant-giving practices, governance and the workforce.

Efficient Provision

Ensure provision of efficient and reliable Information Technology and knowledge Management Systems, appropriate office accommodation, quality industry-relevant training and a fair reward scheme for staff of the National Lottery Trust Fund.

Revenue Pursuit

Continue to actively pursue the collections of statutory remittance of lottery proceeds from licensed lottery operators and product promoters in accordance with Section 24(3) of the extant law, and work actively in collaboration with the National Lottery Regulatory Commission to grow the revenue profile of the Fund.

Efficiency Improvement

Continue to improve National Lottery Trust Fund’s efficiency and economy so as to deliver the caps imposed on capital and recurrent expenditures in the National Budget in order to achieve the Federal Government’s objectives set out in the National Growth Plan (2021-2025) and by extension the ‘Level Agenda’ of the current Administration.

Risk Management

Continue to assess all levels of risks to social investments undertaken by the Trust Fund; and work actively in collaboration with relevant agencies of government towards managing those risks, in order for Nigerians to enjoy and pass on to future generations the legacies lottery funding has secured for the nation.

Measure and Evaluate

Measure and evaluate the benefits lottery intervention funding has secured for Nigerians and encourage the protection of these legacies by beneficiaries.