Finance Minister demands greater returns from NLA after GH¢10 million dividend presentation

Finance Minister Dr. Cassiel Ato Forson demanded greater returns from the National Lottery Authority (NLA) following a GH¢10 million dividend presentation. The payment marked the resumption of dividend contributions to the Ministry of Finance after several years, a positive step according to Dr. Forson. The National Lottery Authority had previously paid dividends annually, but the payments ceased in 2017.

Dr. Forson expressed disappointment, stating that the taxpayer deserved more than the GH¢10 million received from the NLA. He also disclosed that the Ministry was currently reviewing agreements with the Authority to curb the cession of an unreasonable share of its revenue to other entities. These agreements, according to the Minister, had deprived the state of funds that should have been rightfully accrued to it.

The review was expected to be completed within the month. Dr. Forson urged the NLA to focus on its core mandate and avoid expanding into activities beyond its statutory responsibilities. He emphasized that this dividend payment was merely the beginning of necessary reforms and improvements at the NLA. Board Chairman Frederick Amissah echoed this sentiment, assuring the government that the Authority would work diligently to deliver stronger returns in the years ahead.