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Business News of Wednesday, 18 April 2018

Source: Prince Sigli

Lotto Marketing Companies can help create jobs - David Offei Agyekum

David Offei Agyekum, the Executive Chairman of Super 4 Intellect Limited and Founder of LLOAA David Offei Agyekum, the Executive Chairman of Super 4 Intellect Limited and Founder of LLOAA

Executive Chairman of Super 4 Intelec Limited, David Offei Agyekum, has said that the private lotto operators have a role to play in the creation of jobs in the lotto sector.

According to David Offei Ageyekum, the jobs created in this sector will complement government efforts to solving the unemployment cancer in the country and also to contribute to national development.

He was speaking at the launch of the Licensed Lotto Operators and Agents Association (LLOAA).

David Offei Agyekum who is also the Founder of LLOAA described the introduction of the licensing of Banker-to-banker operatives by the National Lottery Authority as a landmark initiative in the history of lottery operations since independence.

He said this was a golden platform initiated by NLA to grant the private sector operatives credibility and that the gesture was a clarion call to duty for members to be very transparent in all their engagements to ensure that no party suffers.

“Banker-to-banker operators plied secretly and are chased by members of the NLA and some other security operatives, this is going to be a thing of the past".

The Executive Chairman called on LMSCs to fulfil their obligations by paying their required licensed fees to the NLA before the April 30th deadline.

“We do not want to go back to the dark days when people were chased around. We want all LMCs, Agents and Writers to comply with the NLA directives”.

David Offei Agyekum added, his company was also in the process of registering its writers and Agents in accordance with the new directives.
He disclosed that the NLA was in the process of introducing e-kiosk to phase out the current ones in the country as it’s shown the way of obtaining a permit to operate as an accredited lottery company.

Mr Kofi Osei-Ameyaw, the Director-General of the NLA, recently announced that his outfit would license private lotto operators to operate banker-to-banker in some approved areas.

The license fees through the NLA Board in accordance with relevant provisions of Act 722 and Legislative Instrument 1948 was then determined.

It was also agreed that the NLA licensed banker-to-banker tickets or coupons should be printed by the operators and identifiable to the operators based on approval by the NLA.

Based on that, operators in a particular region shall not transact business in another region without approval from the NLA.