• Home
  • World
  • Politics
  • Business
  • Science
  • Tech
  • Entertainment
  • Lifestyle
Tuesday, May 5, 2026
No Result
View All Result
NEWSLETTER
The Overseers - Ghana No.1 News
  • Home
  • World
  • Politics
  • Business
  • Science
  • Tech
    GIFEC donates laptops to support One Million Coders Programme

    GIFEC donates laptops to support One Million Coders Programme

    GIFEC leadership meets Ga Mantse, donates computers to boost digital access

    GIFEC leadership meets Ga Mantse, donates computers to boost digital access

    Ghana to launch AI tools in Twi, Ewe, Dagbani, and Hausa in schools – Education Minister

    Ghana to launch AI tools in Twi, Ewe, Dagbani, and Hausa in schools – Education Minister

    Gov’t applauds NIB mobile app launch, calls on Ghanaians to embrace digital banking

    Gov’t applauds NIB mobile app launch, calls on Ghanaians to embrace digital banking

    TechExpo Africa 2025: Ghana reaffirms push for African control of AI future

    TechExpo Africa 2025: Ghana reaffirms push for African control of AI future

    Ghana joins global alliance to combat disinformation -Mahama calls for collective action

    Ghana joins global alliance to combat disinformation -Mahama calls for collective action

    Trending Tags

  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    Chelsea sack coach Liam Rosenior just three months after appointment

    Chelsea sack coach Liam Rosenior just three months after appointment

    Carlos Queiroz takes over as Black Stars coach ahead of 2026 World Cup

    Carlos Queiroz takes over as Black Stars coach ahead of 2026 World Cup

    Berekum Chelsea player shot dead in armed robbery attack on Bibiani–Goaso road

    Berekum Chelsea player shot dead in armed robbery attack on Bibiani–Goaso road

    GFA sacks Otto Addo after Black Stars’ back-to-back defeats

    GFA sacks Otto Addo after Black Stars’ back-to-back defeats

    All I said about Ekow Assaufuah is a lie – TikToker Lopez apologises

    All I said about Ekow Assaufuah is a lie – TikToker Lopez apologises

    AFCON 2025: CAF strips Senegal of title, declares Morocco winners 3–0

    AFCON 2025: CAF strips Senegal of title, declares Morocco winners 3–0

    Black Queens safe, preparing for women’s AFCON – Sports Ministry

    Black Queens safe, preparing for women’s AFCON – Sports Ministry

    NYA warns against rising student violence at school sports events following SWESBUS clash

    NYA warns against rising student violence at school sports events following SWESBUS clash

    CAF fines Senegal and Morocco over misconduct, confirms Senegal as AFCON 2025 Champions

    CAF fines Senegal and Morocco over misconduct, confirms Senegal as AFCON 2025 Champions

  • Lifestyle
    • All
    • Fashion
    • food
    • Health
    • Travel
    Traditional Medicine Practice Council closes down eight unlicensed herbal shops in Accra

    Traditional Medicine Practice Council closes down eight unlicensed herbal shops in Accra

    Free Primary Healthcare: Tricycles for outreach, not ambulance services – Mahama

    Free Primary Healthcare: Tricycles for outreach, not ambulance services – Mahama

    Mahama tours new cardiology centre at Tamale Teaching Hospital

    Mahama tours new cardiology centre at Tamale Teaching Hospital

    Mahama launches Free Primary Healthcare, says initiative will support NHIS

    Mahama launches Free Primary Healthcare, says initiative will support NHIS

    FDA, Fisheries Commission investigate fish mortality in Tema Shipyard

    FDA, Fisheries Commission investigate fish mortality in Tema Shipyard

    FDA begins closure of food businesses operating without hygiene permits

    FDA probes alleged use of plastic in frying plantain chips following viral claims

    11 injured in head-on collision on Cape Coast-Takoradi Highway

    11 injured in head-on collision on Cape Coast-Takoradi Highway

    FDA begins closure of food businesses operating without hygiene permits

    FDA warns against using cement to preserve beans

    A/R: Five journalists, 3 EPA officials survive road accident after anti-galamsey operation

    A/R: Five journalists, 3 EPA officials survive road accident after anti-galamsey operation

    MIIF wraps up breast cancer awareness month with staff education and engagement

    MIIF wraps up breast cancer awareness month with staff education and engagement

    Trending Tags

  • Home
  • World
  • Politics
  • Business
  • Science
  • Tech
    GIFEC donates laptops to support One Million Coders Programme

    GIFEC donates laptops to support One Million Coders Programme

    GIFEC leadership meets Ga Mantse, donates computers to boost digital access

    GIFEC leadership meets Ga Mantse, donates computers to boost digital access

    Ghana to launch AI tools in Twi, Ewe, Dagbani, and Hausa in schools – Education Minister

    Ghana to launch AI tools in Twi, Ewe, Dagbani, and Hausa in schools – Education Minister

    Gov’t applauds NIB mobile app launch, calls on Ghanaians to embrace digital banking

    Gov’t applauds NIB mobile app launch, calls on Ghanaians to embrace digital banking

    TechExpo Africa 2025: Ghana reaffirms push for African control of AI future

    TechExpo Africa 2025: Ghana reaffirms push for African control of AI future

    Ghana joins global alliance to combat disinformation -Mahama calls for collective action

    Ghana joins global alliance to combat disinformation -Mahama calls for collective action

    Trending Tags

  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    Chelsea sack coach Liam Rosenior just three months after appointment

    Chelsea sack coach Liam Rosenior just three months after appointment

    Carlos Queiroz takes over as Black Stars coach ahead of 2026 World Cup

    Carlos Queiroz takes over as Black Stars coach ahead of 2026 World Cup

    Berekum Chelsea player shot dead in armed robbery attack on Bibiani–Goaso road

    Berekum Chelsea player shot dead in armed robbery attack on Bibiani–Goaso road

    GFA sacks Otto Addo after Black Stars’ back-to-back defeats

    GFA sacks Otto Addo after Black Stars’ back-to-back defeats

    All I said about Ekow Assaufuah is a lie – TikToker Lopez apologises

    All I said about Ekow Assaufuah is a lie – TikToker Lopez apologises

    AFCON 2025: CAF strips Senegal of title, declares Morocco winners 3–0

    AFCON 2025: CAF strips Senegal of title, declares Morocco winners 3–0

    Black Queens safe, preparing for women’s AFCON – Sports Ministry

    Black Queens safe, preparing for women’s AFCON – Sports Ministry

    NYA warns against rising student violence at school sports events following SWESBUS clash

    NYA warns against rising student violence at school sports events following SWESBUS clash

    CAF fines Senegal and Morocco over misconduct, confirms Senegal as AFCON 2025 Champions

    CAF fines Senegal and Morocco over misconduct, confirms Senegal as AFCON 2025 Champions

  • Lifestyle
    • All
    • Fashion
    • food
    • Health
    • Travel
    Traditional Medicine Practice Council closes down eight unlicensed herbal shops in Accra

    Traditional Medicine Practice Council closes down eight unlicensed herbal shops in Accra

    Free Primary Healthcare: Tricycles for outreach, not ambulance services – Mahama

    Free Primary Healthcare: Tricycles for outreach, not ambulance services – Mahama

    Mahama tours new cardiology centre at Tamale Teaching Hospital

    Mahama tours new cardiology centre at Tamale Teaching Hospital

    Mahama launches Free Primary Healthcare, says initiative will support NHIS

    Mahama launches Free Primary Healthcare, says initiative will support NHIS

    FDA, Fisheries Commission investigate fish mortality in Tema Shipyard

    FDA, Fisheries Commission investigate fish mortality in Tema Shipyard

    FDA begins closure of food businesses operating without hygiene permits

    FDA probes alleged use of plastic in frying plantain chips following viral claims

    11 injured in head-on collision on Cape Coast-Takoradi Highway

    11 injured in head-on collision on Cape Coast-Takoradi Highway

    FDA begins closure of food businesses operating without hygiene permits

    FDA warns against using cement to preserve beans

    A/R: Five journalists, 3 EPA officials survive road accident after anti-galamsey operation

    A/R: Five journalists, 3 EPA officials survive road accident after anti-galamsey operation

    MIIF wraps up breast cancer awareness month with staff education and engagement

    MIIF wraps up breast cancer awareness month with staff education and engagement

    Trending Tags

No Result
View All Result
The Overseers - Ghana No.1 News
No Result
View All Result
Home National

Gov’t losing millions under KGL contract — NLA Boss calls for renegotiation

by theoverseer
November 3, 2025
in National
0
Gov’t losing millions under KGL contract — NLA Boss calls for renegotiation
0
SHARES
135
VIEWS
Share on FacebookShare on Twitter

Director General of the National Lottery Authority (NLA), Mohammed Abdul-Salam, has called for a comprehensive review and renegotiation of the Authority’s contract with KGL Technology Limited, describing the current arrangement as unfair to the state.

Appearing before the Public Accounts Committee of Parliament, Mr. Abdul-Salam stated that the existing agreement deprives the state of substantial revenue that could otherwise support national development.

“My position is that the state can gain a lot more from the contract, so there’s every reason for it to be renegotiated and bring more benefits to the state,” he emphasized.

His comments follow a recent investigative report by The Fourth Estate and the Media Foundation for West Africa (MFWA), which alleged that the NLA had effectively ceded control of a business worth over GHS 3 billion annually to KGL in exchange for just GHS 170 million a year.

The controversial contract, signed in 2024, grants KGL exclusive rights to operate the NLA’s flagship 5/90 online lottery for 15 years, with an automatic five-year renewal.

The report traced the origins of the deal to 2019, when then-Director General Kofi Osei-Ameyaw first signed a three-year agreement with KGL.

The contract was later extended under former NLA boss and now Akuapem North MP, Samuel Awuku, before being converted into a long-term 15-year agreement by a board chaired by lawyer Gary Nimako Marfo.

Critics have described the deal as a “giveaway” that violates the National Lotto Act, 2006 (Act 722), which mandates that all lottery revenues pass through the NLA’s Lotto Account, with private operators limited to marketing roles.

In KGL’s case, revenues reportedly bypassed the NLA’s account, and the company paid only 5.2% of its declared revenue as a “revenue share.”

According to The Fourth Estate, KGL generated more than GHS 3 billion in 2024, paying just GHS 157.6 million to the NLA under three separate contracts.

The investigation also highlighted a steady decline in the Authority’s income — from GHS 366 million in 2015 to GHS 296.58 million in 2023 — raising concerns over the long-term fiscal implications of the KGL deal.

Mr. Abdul-Salam assured the Committee that the NLA under his leadership is committed to ensuring greater transparency and value for the state.

Tags: Ghana NewsKGL contractNLA BossPAC hearings
theoverseer

theoverseer

Related Posts

Mahama visits Akosombo following fire, applauds quick restoration work

Mahama visits Akosombo following fire, applauds quick restoration work

by theoverseer
April 30, 2026
0

President John Dramani Mahama has praised engineers of the Volta River Authority (VRA) and the Ghana Grid Company (GRIDCo) for...

Fourth Akosombo unit restored, boosting power supply recovery efforts

Fourth Akosombo unit restored, boosting power supply recovery efforts

by theoverseer
April 30, 2026
0

The fourth generation unit at the Akosombo Dam has been successfully restored, marking another key milestone in efforts to stabilise...

BoG MPC to hold 125th meeting July 21–23

Banking sector rebounds as assets hit GH¢465bn – BoG Report

by theoverseer
April 29, 2026
0

Ghana’s banking sector is regaining momentum, with total industry assets climbing to GH¢465.4 billion as of February 2026, according to...

Crashed aircraft in Tema was private, not military — Deputy Defence Minister

Defence Ministry denies claims over allocation of military lands to Ibrahim Mahama

by theoverseer
April 29, 2026
0

Defence Ministry has rejected reports alleging that military lands have been handed over to the President’s brother, describing the claims...

Two generation units restored at Akosombo after GRIDCo fire disruption – Energy Minister

Energy Ministry rejects ‘politically motivated and unwarranted’ calls for Jinapor’s resignation

by theoverseer
April 29, 2026
0

The Ministry of Energy has dismissed calls by the Minority in Parliament for the resignation of Energy Minister John Abdulai...

SML Scandal: Ofori-Atta, 7 others charged with 78 counts of corruption

Ofori-Atta to face U.S. immigration court hearing June 15

by theoverseer
April 28, 2026
0

Former Finance Minister, Ken Ofori-Atta, is set to appear before a United States immigration court on June 15 for a...

Next Post
Unemployed 2023 Teacher Trainees threaten protest ahead over delayed GES recruitment

Unemployed 2023 Teacher Trainees threaten protest ahead over delayed GES recruitment

Recommended

EC Chair to appear before Parliament over Ablekuma North results

Tamale Central by-election set for September 30 after Murtala’s demise

9 months ago
Shatta Wale sues Blakk Rasta for GH¢100m over alleged defamation

Shatta Wale sues Blakk Rasta for GH¢100m over alleged defamation

4 months ago

Popular News

    Connect with us

    • About
    • Advertise
    • Careers
    • Contact
    Call us: +23320000000

    © 2024 The Overseer News - Powered By The Overseers The Overseer News.

    No Result
    View All Result
    • Home
    • Politics
    • World
    • Business
    • Science
    • National
    • Entertainment
    • Gaming
    • Movie
    • Music
    • Sports
    • Fashion
    • Lifestyle
    • Travel
    • Tech
    • Health
    • Food

    © 2024 The Overseer News - Powered By The Overseers The Overseer News.