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NIMN Slams NLRC Over Interference, Closure Of Nigerian Breweries

Tony Agenmonmen, President, NIMN.
Tony Agenmonmen, President, NIMN.

The National Institute of Marketing of Nigeria, NIMN has condemned what it termed an undue interference by the National Lottery Regulatory Commission, NLRC, in the affairs of its corporate members.

The institute slammed the NLRC for its constant harassment and demand from its members to pay certain percentages of their budgets on consumer and sales promotions to the commission because of the commission’s understanding of consumer promotions in relation to its role in the management of lotteries in Nigeria.

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Speaking through its President, Tony Agenmonmen, at this year’s Fellows’ Dinner and Awards Night held yesterday at Radisson Blu, Ikeja, the institute noted that they had engaged with the NLRC in the past, with a view to having a common understanding of what constitutes consumer and sales promotion and what constitutes lottery.

The institute expressed surprise that it was while this engagement was ongoing that the Nigerian Breweries was arbitrarily shutdown. Among other things, the institutes observed that NLRC was patently set up to “regulate the activities of companies that have been established for the sole purpose of lotteries. Our corporate member companies are not established purposes…,” he said.

Noting that the harassment of its members by the commission is not helping the nation’s business environment, the institute asked NLRC to desist from their actions and called on the government to intervene in the matter. “We call on the Honourable Minister of Trade, Industry and Investments, Dr. Okechukwu Enelamah and His Excellency, Prof. Yemi Osinbanjo, to call the NLRC to order before they create negative image for the achievements in the ease of doing business in Nigeria that is globally been applauded.

“We remain fully committed to continuing the dialogue with the NLRC to resolve the dispute with our corporate members,” he concluded.

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