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Home Business Business News 200908

GLOA Ready To Partner Government

05-Aug-2009
/ Business News, Business
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The Ghana Lotto Operators Association (GLOA) on Tuesday said the Association is ready to partner government in promoting its agenda of mobilizing revenue and creating job opportunities to accelerate the growth of Ghana's economy. GLOA said it believed that the development of the country could be accelerated through a carefully structured government support for the private businesses.

At a Press Conference in Accra, Mr. Seth Asante Amoani, GLOA's Secretary, said the Association was happy with the effort of government after the Supreme Court decision, for convening a meeting with the Association and National Lotto Authority to find a middle-way solution to the current economic difficulties and unemployment created by the Lotto Act, Act 722.

The conference comes in the wake of the decision of the Supreme Court on July 22, this year, barring the Association from commencing business. Memberships of GLOA include Obiri Asare and Sons Limited, Rambel Enterprise Limited, Dan Multi Purpose Trading Enterprise, Agrop Association Limited, Star Lotto Limited and From Home Enterprise. "GLOA pledges its firm support, to government in all its deliberations to regularize the operations of GLOA in the lotto industry," Mr. Amoani said, and urged government to treat their predicament with urgency.

He noted that the creation of the National Lotto Authority (NLA) was originally proposed by GLOA to serve as the regulator and not the operator of lotto in the country. "We wish to state equivocally that the creation of a monopoly situation in a democratic dispensation must be condemned, as it is anathema to the progress of majority of people who seek to eke out a living," he said, adding "the monopoly created for the NLA is just as bad as bad governance."

Mr. Amoani therefore implored government to live up to its promise and effect the needed amendment to the National Lotto Act, Act 722. Mr. Amoani contended that a look at some communist countries showed that those countries were now adopting "free market economics" together with private sector participation in the development of their economies. He regretted that government, which declared its intention of creating jobs to the populace, rather seemed to be creating unemployment among some sections of the populace.

According to Mr. Amoani, over 500,000 families who depended on the operations of GLOA for their livelihood would have no jobs, thus exacerbating the current high unemployment situation in the country. "Excessive unemployment and mass discontent will surely affect the fortunes of the government in the next elections," he noted, and said GLOA was however ready to continue to work hand in hand with government to absorb the excess labour in the private sector. "We hope that the response of the NDC government and President Mills to our urgent supplication will not be long-overdue," added.

Source: GNA

 

 
 

 

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