Lotto and Lotteries Company Limited owned by Dr. Frank Awuah Adjei has paid the sum of GH¢2 million to the National Lottery Authority (NLA) as the licence fees for the operation of lotto under Act 722 and Act 844.
The company has fully paid for GH¢1.5 million to NLA as the required licence fee to operate Lotto under Act 722.
Again, Lotto and Lotteries Company Limited has fully paid GH¢500,000 to NLA as the required licence fee for operating lotto under Act 844.
The initiative of licensing of Operators of Private Sector Lotto by the NLA was started by the previous Board of NLA under the leadership of Togbe Francis Seth Nyonyo as Board Chairman and Mr Kofi Osei-Ameyaw as the Director-General.
The initiative became possible due to a five-year partnership agreement that was entered into between Veterans Administration, Ghana (VAG) and the NLA to generate revenue from the Banker-to-Banker Lotto Operators and their agents to support national development.
Lotto and Lotteries Company Limited is the biggest private sector lotto operator having several Agents and Writers across the Country.
The headquarters of Lotto and Lotteries Company is in Kumasi, Ashanti Region.
According to Dr. Frank Awuah Adjei, his company and Agents will always support Government, the Board and Management of National Lottery Authority(NLA) to generate revenue for national development.
Dr. Frank Adjei was grateful to the current Board and Management of National Lottery Authority(NLA) for continuing the licensing of Private Sector Lotto Operators so that they can also contribute to jobs and wealth creation across the Country.
Dr. Frank Awuah Adjei encouraged other Lotto Operators across the Country to pay their license fees so that individually and collectively they would be able to support the Board and current Management of National Lottery Authority(NLA) under the leadership of Togbe Francis Seth Nyonyo (Board Chairman) and Mr. Samuel Awuku (Director-General) to generate revenue for Government, and for national development.
