Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

NLA’s GH¢10m Dividend Payment Row: ‘Ato Forson Got It All Wrong’

External Consultant to KGL, Dr. Razak Opoku, has challenged Finance Minister Dr. Cassiel Ato Forson’s account of the benefits accruing to the state from lottery operations involving the National Lottery Authority (NLA). Dr. Opoku accused the Finance Minister of misinforming the public after Dr. Forson reportedly stated that the NLA received only GH¢10 million in […] The post NLA’s GH¢10m Dividend…

NLA’s GH¢10m Dividend Payment Row: ‘Ato Forson Got It All Wrong’

Dr. Razak Opoku, an external consultant to KGL, has criticized Finance Minister Dr. Cassiel Ato Forson's account of the financial benefits from lottery operations involving the National Lottery Authority (NLA). Dr. Forson stated that the NLA received only GH¢10 million in dividends from the lottery business, but Dr. Opoku argues that this figure is misleading.

According to Dr. Opoku, the Ghana Revenue Authority (GRA) received more than GH¢153 million from KGL in 2025, and the NLA received over GH¢173 million. Dr. Opoku questions why the NLA received significantly more than the Ministry of Finance while accusing the Finance Minister of misinforming the public. Dr. Opoku suggests that the more pressing issue is the NLA's expenditure, which he claims is wasteful, with over 90% of its income going to the Good Causes Foundation and community social responsibility activities.

He argues that increasing the NLA's revenue would not lead to greater returns for the state if the authority continues to spend heavily on internal operations.

Brief written by urgent.news from The Chronicle Ghana's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at thechronicle.com.gh →

More in Finance & Markets

More from Monday 5 October →