Questions have been raised over figures used in the debate surrounding the National Lottery Authority’s (NLA) arrangement with KGL, following a reported projection that Ghana could generate GHS 2 billion from all private lotto operators combined.
In a statement dated October 29, 2026, Dr Razak Kojo Opoku, the former Public Relations Manager of NLA challenged what he described as conflicting figures reported by The Fourth Estate about the NLA and KGL arrangement.
Mr Opoku recalled that in September 2025, The Fourth Estate reportedly stated that the NLA had handed over a prime business valued at GHS 3 billion to KGL in exchange for GHS 170 million.
However, he contrasted that figure with a report published on October 29, 2026, which he said indicated that Ghana stood to generate GHS 2 billion from all private lotto operators combined, including KGL.
He questioned how the reported GHS 3 billion valuation of the business could be reconciled with the more recent GHS 2 billion revenue projection involving multiple operators.
“If NLA is now dreaming of making 2 billion, where was the 3 billion figure coming from?” he asked.
He argued that the two figures raised questions about the basis of the earlier valuation and called for greater clarity on how the estimates were derived.
The debate centres on the distinction between the reported value of a business associated with the NLA–KGL arrangement and the projected revenue expected from private lotto operators collectively.
Whether the figures are directly comparable depends on their underlying assumptions, the periods covered and what each estimate measures.
The claims and figures cited in the criticism have not been independently verified for this report.
Further clarification from the NLA and The Fourth Estate would be needed to establish the basis of the respective figures and determine whether they are comparable.
