First and foremost, we note that the Government of Ghana, through the National Lottery Authority (NLA) and the Ghana Revenue Authority (GRA), earned over GH¢300 million from KGL Group in 2025.
When the Fourth Estate/Media Foundation for West Africa (MFWA) started their negative campaign against KGL, their suggestion to Mahama’s government was Cancellation/Termination/Abrogation of the ‘terrible’ NLA-KGL contract, but in the wisdom of Mahama’s government, the NLA-KGL deal SHALL STAY FOREVER with reviews and renegotiations in the interests of the State (NLA and GRA) and KGL.
We seriously need to commend the efforts of Mahama’s government for protecting as well as creating an enabling environment for the private sector and indigenous entrepreneurs to grow, as enshrined in Article 36(Economic Objectives) of the 1992 Constitution.
When the facts, data, and reality defeated Fourth Estate/Media Foundation for West Africa, they have now made a U-turn to claim credit for the Review Process being undertaken by the Attorney-General and Ministry of Justice.
Before the Fourth Estate’s propaganda and the subsequent petition to the Office of the President, the current Board of NLA, as part of its mandate, had already written to the Attorney-General requesting an assessment and review of the licensing agreement with KGL.
Also, per KGL’s licensing agreements, a review is mandatory every 3 years, and negotiations must begin 6 months into the next year. However, both NLA and KGL agreed to bring forward the review exercise to 2026 to create sufficient time for review and negotiations ahead of implementation in 2027.
We should also note that renegotiation is a legal process between two parties and not a media engagement.
KGL, as a responsible corporate entity, fully supports the review process undertaken by the Attorney-General and the Ministry of Justice, as it will bring finality to the baseless attacks on the NLA-KGL deal.
When you have the credibility of KGL, you have no reason to worry about scrutiny. Therefore, KGL, as a corporate entity, would NOT waste its time, energy, and resources commenting on the noise from the Fourth Estate.
Since review and renegotiations are unrelated to termination, cancellation, or abrogation, the Fourth Estate and the Media Foundation for West Africa should bury their heads in shame, as their malicious agenda against KGL was unsuccessful.
KGL is a solid global brand, and no amount of negativity from saboteurs can bring it down.
When accountability is balanced with fairness and respect for facts, it strengthens confidence in our institutions and supports sustainable national development.
