Presidency Supports NLA-KGL Contract Review

Accra: Mr. Mohammed Abdul-Salam, the Director-General of the National Lottery Authority (NLA), has updated the public on the status of the contractual agreement between the NLA and KGL Technology Limited. This comes after a presidential directive called for a review and potential renegotiation of the agreement. According to Ghana News Agency, Mr. Abdul-Salam stated that the process surrounding the agreement had been subjected to multiple levels of review by key state institutions, including the Ministry of Finance, the Attorney-General's Department, and the Presidency. The matter was initially escalated for legal clarity after the NLA board requested the Attorney-General's position on the contract. The Presidency subsequently instructed the formation of a committee to conduct a comprehensive review of the agreement. Mr. Abdul-Salam noted that this committee completed its work, culminating in a directive from the Presidency affirming the NLA's authority to engage in agreements with private entities like KGL, particularly for regulatory and operational purposes within the lottery sector. Concerns persist regarding the revenue-sharing arrangement, with the NLA advocating for improved financial benefits for the State. Negotiations are ongoing following the review, with the aim of enhancing the State's financial returns and establishing a more favorable revenue structure. Mr. Abdul-Salam emphasized the extensive engagements involved, which reached the Ministry of Finance and the Presidency. The Attorney-General was also consulted to ascertain the contractual agreement's standing. Following the completion of the review process, the Presidency confirmed the NLA's mandate to form such agreements, while stressing the need to enhance the State's revenue share from the contract. Negotiations are actively underway to achieve a more advantageous financial outcome for the State.