The leadership of the Association of Lotto Marketing Companies (ALMC) has commended the Management of KGL Technology Limited for the timely intervention of releasing funds to the National Lottery Authority (NLA) for the payment of outstanding wins since April 2020.
A statement signed by the National Chairman of the Association, Mr. Daniel Mensah and copied to the media on Wednesday said this, in the view of the Association, is a sign of good leadership to calm nerves down in the lottery industry.
The statement forms part of a congratulatory message the Association sent to President Nana Addo Dankwa Akufo-Addo.
It said: "Sir we have observed that for some time now the NLA has been finding it very difficult to honour payment of prizes to its cherished winners, causing a lot of inconvenience to them.
"This has resulted in the sale of tickets in the kiosks reducing to the lowest ebb. Already, we are battling with the unbridled pirating of the NLA by the Private Lotto Operators who call themselves Banker-Banker."
The statement said the cumulative effect of the prize payment deficits runs into millions of Ghana Cedis, culminating in agitations and protestations of the Staff, the Association members and the staking public.
"It is heartwarming and commendable to hear that KGL Technology Limited has stepped in to bail out the NLA in this circumstance by clearing all the outstanding debts emanating from the unpaid winnings"
According to the statement, the Association of Lotto Marketing Companies further stated that they are prepared to joint efforts with all the stakeholders including KGL Technology Limited and employees of NLA to work together to ensure that the NLA continues to be the major source of revenue for the government.
KGL Technology Limited is an online lotto marketing company duly licensed by the NLA with the mandate of operating the official short code of NLA *959# to mobilize revenue for the Government, and for national development.
Latest Stories
-
CBG records GH¢1bn revenue in Q3
2 mins -
Mahama vows to create an agro-processing zone in Afram Plains
16 mins -
Political parties should plan for losses, not just wins – IGP advises
17 mins -
524 Diasporan Africans granted Ghanaian citizenship in ceremony
19 mins -
Mahama urges Afram Plains North residents to avoid ‘skirt and blouse’ voting
21 mins -
Asantehene receives more 19th century gold ornament and regalia
28 mins -
Hohoe Ghana Blind Union organises training for members ahead of Election 2024
34 mins -
Alan Kyerematen reveals his future plans for Ghanaian Health professionals
35 mins -
AAIN empowers women and small enterprises in Upper East Region through SHINE project
36 mins -
Akufo-Addo leads nationwide commissioning of 80 educational projects
43 mins -
Ghana and Seychelles strengthen bilateral ties with focus on key sectors
1 hour -
National Elections Security Taskforce meets political party heads ahead of December elections
1 hour -
Samsung’s AI-powered innovations honored by Consumer Technology Association
2 hours -
Fugitive Zambian MP arrested in Zimbabwe – minister
2 hours -
Town council in Canada at standstill over refusal to take King’s oath
2 hours