Lotto
Lotto

The Veterans Administration of Ghana (VAG) has signed a memorandum of understanding with the National Lottery Authority (NLA), giving it full authority with regards to licensing and regulations of lotto operators in the country.

The National Lotto Act 2006 provides that, the NLA should regulate, supervise, conduct and manage national lotto and its related matters.

But then, it is stipulated in the VAG Act, (Act 844, 2012) that, the Veterans Administration is mandated to hold lottery and gaming activities to lotto operators while issuing licenses to them.

In an interview with the Director General of NLA, Kofi Osei Ameyaw, after the short signing ceremony, he said, the agreement is for the NLA to take up the lottery responsibilities in the country, whereas VAG also usurps its authority. This he said, make NLA the sole agent for issuing licenses to lotto operators nationwide.

He explained that, the agreement spans for five years, subject to review as to whether it would be renewed or not. Meanwhile the NLA is expected to offer VAG GH¢120,000 on monthly bases, to support their licensing activities.

Affirming the authority’s commitment to the agreement, Mr. Osei Ameyaw presented a cheque of GH¢220,000 to VAG and further noted that, the authority has decided to offer extra GH¢100,000 as part of its corporate social responsibility (CSR) to VAG.

The Director General again indicated that, the Authority will always be committed in offering these monies as long as the agreement stands firm, in order for VAG to be well resourced in all its endeavors.

Speaking to Togbe Francis Nyonyo, the Board Chairman of NLA, he noted that, it’s stipulated in the agreement NLA gives VAG board members four wheel drive vehicles every seven years, as well as invest GH¢10 million into VAG’s sports stadium project at Burma Camp in Accra.

He added that, VAG members are also to be a part of the taskforce instituted to clamp down on recalcitrant illegal lotto operators in the country.

The acting Executive Secretary of VAG, Captain Edmund Duah (RTD), stated that,
“today marks a new beginning in the administration of lottery and we hope that, the NLA will leverage on our support to
streamline activities in the lotto industry.”

He however, expressed his satisfaction with the agreement and also indicated that, “this agreement will go a long way for the good of both parties and the country as a whole.”

Meanwhile, VAG has given a six-month grace period to all operators under its umbrella, to halt their operations and register with the NLA instead.

By:Sammy Adjei/Newsghana.com.gh

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