The National Lottery Authority (NLA) has presented a dividend worth GH¢10 million to the Government of Ghana.
The dividend, presented earlier today at the Ministry of Finance,marks the Authority’s first dividend payment to government since 2017.
Receiving the dividend on behalf of government, Finance Minister Dr. Cassiel Ato Forson urged the Authority to generate more revenue for the state, describing the GH¢10 million dividend as a positive but insufficient step.
“The taxpayer deserves more than GH¢10 million from NLA, but this is a good step,” he said.
Dr. Forson also disclosed that the Ministry was working actively with the NLA and the Attorney-General to review agreements that had limited the Authority’s returns to government, adding that the review would be completed this month.
According to him, some of the agreements had ceded an unreasonable share of the Authority’s revenue to other entities, depriving the state of funds that should have accrued to it.
The Minister also urged the NLA to focus on its core mandate and avoid activities outside its statutory responsibilities.
“Let this not be symbolic. Ghana deserves better,” Dr. Forson said, pledging to ensure the state received its due from the Authority.
Board Chairman Frederick Amissah said the dividend payment marked the beginning of reforms and improvements at the NLA, assuring government that the Authority would work to deliver stronger returns in the years ahead.
“This is just the beginning of the reforms and improvements in NLA,” he said.
The National Lottery Authority (NLA) is a statutory agency in Ghana that operates under the Ministry of Finance. It is the sole body legally mandated to regulate, supervise, conduct, and manage the national lotto and all games of chance across the country.
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