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Business News of Tuesday, 22 May 2018

Source: Kessbenfm.com

Banker to Banker Lotto Operators and Agents in support of one million Ghana Cedis license fees

The Ghana National Chamber of Licensed Banker to Banker Lotto Operators and Agents under the leadership of Mr. Frank Adjei(Founder/Leader) fully support the License Fees of One Million Ghana Cedis for Private Lotto Operators approved by the Board of NLA.

The Ghana National Chamber of Licensed Banker to Banker Lotto Operators and Agents founded by Mr. Frank Adjei has about 200 Lotto Agents, 170 Lotto Sub-Agents and over 150,000 Lotto Writers across Ghana. This is the largest and strongest Banker to Banker Lotto Group in Ghana. Mr. Frank Adjei was the first Lotto Operator in Ghana to pay the One Million Ghana Cedis to the NLA as License Fees on 15th March 2018.

The Board of NLA has ordered the Leaders for all the various groups of Banker to Banker Lottery to submit their proposals to the NLA for discussion in order to finalize the License fees for the Operators, Agents and Writers of Banker to Banker Lottery.

Mr. Frank Adjei was the only Lotto Operator who suggested the least amount of money (GHC 200,000) as a nationwide license fees for Private Lotto Operators to the Board of NLA. All the other Lotto Operators and Agents who are now attacking Kofi Osei-Ameyaw and NLA over the One Million Ghana Cedis as License Fees suggested the highest amount of GHC 500,000 per Region as License Fees for Private Lotto Operators to the Board of NLA.

"Honestly speaking, the Lotto Operators and Agents who are now attacking Kofi Osei-Ameyaw over the One Million Ghana Cedis are not been truthful to themselves,the media,Government and Ghanaians in general. Because if NLA has agreed to accept the GHC 500,000 License Fees per Region as suggested by these Lotto Operators and Agents at the NLA Board Meeting,then it means that every Lotto Operator who want to operate nationwide was supposed to pay Five Million Ghana Cedis to the NLA as License Fees." Mr. Adjei lamented.

He further said, "Instead of paying Five Million Ghana Cedis as license fees to operate the whole Country, the NLA has drastically reduced the license fees to One Million Ghana Cedis. We have to be grateful to Kofi Osei-Ameyaw and the Board of NLA over this decision but some people are rather denting the reputation of Kofi Osei-Ameyaw over the One Million Ghana Cedis."

Mr Kofi Adjei further went on to laud Mr. Kofi Osei-Ameyaw, Director-General of National Lottery Authority for taking pragmatic steps to register and license the Operators, Agents and Writers of Banker to Banker Lottery under the Public-Private Partnership in accordance with the National Lotto Act, 2006(Act 722).

The board of Ghana National Chamber of Licensed Banker to Banker Lotto Operators and Agents under the leadership submitted themselves to partner the National Lottery Authority and every Government to realize the vision of creating jobs and maximizing revenue for socio-economic development.

However, NLA as a matter of urgency to address the following concerns in order to strengthen the operations and administration of the National Lottery Authority:

Mr Adjei further urged the NLA to arrest Nigerians, Chinese and other foreign nationals who are operating Lotto business in Ghana "We are urging the NLA and Ghana Police Service to arrest and prosecute Vitarex Odele (populary Known as Olembe),a Nigerian who is illegally operating Lotto Business in the Brong-Ahafo Region. This is highly unacceptable. No foreigner is permitted to operate any form of Lottery in Ghana under the National Lotto Act, 2006(Act 722)," he added.

"We are expecting the Board to be proactive and come up with measures, action plan and policies towards arresting the recalcitrant Ghanaian Lotto Operators, Agents and Writers who are refusing to pay the License fees to the National Lottery Authority," Mr. Adjei encouraged.

He then pleaded the NLA saying "the 6pm to 6:30pm Draw is negatively affecting the operations of Lotto business, finances of Lotto Marketing Companies, LMCB2B and subsequently reducing the revenue of the National Lottery Authority.
We would like to appeal to the NLA to consider drawing between 6:50pm to 7pm. This will enable more people to stake Lotto from both the Lotto Marketing Companies and LMCB2B."