• Live Radio
  • Videos
  • About
  • Contact
  • Despite Media
Ghana Election 2020
  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • VIDEOS
  • Media
    • Videos
    • Audio
    • Live Radio
    • Photos
  • Election 2020
Local News
 
 
 
Home Business Business News 201709

CVM Puts Pressure On Govt To Legalise Banker-To-Banker

28-Sep-2017
/ Business News, Business
Email
Print
Comments 0
Library Image
(0)
Comments
Share on Facebook Share on Twitter
 

Pressure group, Concerned Voters Movement (CVM), has, once again, called on the Akufo-Adddo administration to expedite action on the legalisation process of the Banker-to-Banker Lottery business in the country.

Addressing a press conference in Accra yesterday, Founder and President of CVM, Razak Kojo Opoku, stressed that bank-to-banker operators play a huge role in the country’s economy.

This, he said, is manifested through their generation of revenue for the state and employment activities.

To this end, Mr. Opoku urged government against passing the Lotto and Lotteries Authority Bill, 2017 into law.

Under the Lotto and Lotteries Authority Bill, 2017, he explained that no provision has been made for the legalisation of banker-to-banker lottery “adding further that… “no provision was made for the Public-Private Partnership of NLA with the Banker-to-Banker Lotto Operations.”

He intimated that passing the Lotto and Lotteries Authority Bill, 2017, into law will amount to creating a monopoly for the NLA.

Mr. Opoku also used the opportunity to react to a press release issued recently by a group calling itself Concerned Workers of the National Lottery Authority, Ashanti Region.

According to the president of CVM, his group has not been paid to “tarnish the image of the NLA Boss, Mr. Kofi Osei Ameyaw, as alleged by the Concerned Workers of NLA, Ashanti Region.

However, he made it clear that “We are motivated and driven by the passion of making sure that President Akufo-Addo succeeds as one of the best President ever in Ghana.

…We are highly committed to ensuring that the NPP Government does not repeat the 2001-2008 mistakes which have the greatest potential of sending the NPP Government back to opposition.”

Against this backdrop, Mr. Opoku advised President Nana Addo Dankwa Akufo-Addo to seize the opportunity and correct what he described as “errors of the past and amend the monopoly of the NLA.

That when done, he indicated, will serve as a means of creating the enabling environment for the Private Sector Participation in the lottery business in the country.

Source: today

 

 
 

 

Comments ( 0 ): Post Your Comments >>

Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.
Featured Video
Previous Post

Save Poultry Industry From Collapse - Farmers Cry Out

Next Post

Oil Funds: Sanction Offenders

 
 

More Stories

Two Local Biscuit Manufacturers Lock Horns In Trade War Over Trademarks
Ghana To Become First African Country To Issue FLEGT License
Tullow Drives Local Participation In Oil And Gas Sector
CIMG Customer Satisfaction Index: UMB And 4 Other Banks Lead The Way In Customer Service In Ghana
Global Finance Must Transform To Address Africa's Climate Challenge - Ofori-Atta Urges
Vodafone Director Calls On SMEs To Seize Opportunities At Upcoming Business Runway Event
AGI Urges Government To Incentivize Production
Understand The Nature Of Assets Before Investing – George Allotey
Investing With Purpose: A Guide To Aligning Investment Objectives With Financial Goals
Next Post

Oil Funds: Sanction Offenders

  Ghana Business News

  • General News
  • Economy
  • Banking & Finance
  • Stock Market
  • Industry/Manufacturing


 
 

Other Business News Stories

  • Two Local Biscuit Manufacturers Lock Horns In Trade War Over Trademarks

  • Ghana To Become First African Country To Issue FLEGT License

  • Tullow Drives Local Participation In Oil And Gas Sector

  • CIMG Customer Satisfaction Index: UMB And 4 Other Banks Lead The Way In Customer Service In Ghana

  • Global Finance Must Transform To Address Africa's Climate Challenge - Ofori-Atta Urges

  • Vodafone Director Calls On SMEs To Seize Opportunities At Upcoming Business Runway Event

  • AGI Urges Government To Incentivize Production

  • Understand The Nature Of Assets Before Investing – George Allotey

  • Investing With Purpose: A Guide To Aligning Investment Objectives With Financial Goals

  • Leverage Microfinance Wins 'Microfinance Company Of The Year, 2022' At The 4th Ghana Credit Excellence Awards

 

 
 

Popular Videos

#MeManNti with ADAKABRI FRIMPONG MANSO on NEAT 100.9 FM 25/09/23)

Peace Power Sports (25/09/2023)

Akan News @ 6am On Peace 104.3 FM (24/09/2023)

Kokrokoo Live On Peace 104.3 FM (25/09/2023)

Kokrokoo Discussion Segment On Peace 104.3 FM (27/09/2023)

Kokrokoo Discussion Segment On Peace 104.3 FM (26/09/2023)

Peace FM Online and Despite Media

peacefmonline.com offers its reading audience with a comprehensive online source for up-to-the-minute news about politics, business, entertainment and other issues in Ghana

Follow us on social media:

Category

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • Trivia
  • Foreign
  • Audio
  • Photos
  • Videos
  • Elections
Decision Time
Ghana Election 2020 2016 Elections
Services
Live Radio Audio on Demand Ghana Elections Advertise with Us
Useful Links
Despite Media About Us Contact Us Feedback Form Terms and Conditions Privacy
Our Brands
Despite Media UTV Peace FM Okay FM Hello FM Neat FM Peacefmonline
  • About
  • Advertise
  • Terms & Conditions
  • Contact
  • Privacy

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Articles
  • Trivia
  • Foreign
  • Live Radio
  • Photos
  • Videos
  • Audio
  • Election 2020

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media