General News
The Finance Minister respectfully needs to get his facts right about the benefits Ghanaian taxpayers received from the lottery business.
Ghanaian taxpayers, through the Ghana Revenue Authority (GRA), received over GHS 153 million from KGL on April 16, 2026, for the 2025 financial year alone.
Again, taxpayers, through the National Lottery Authority (NLA), benefited from over GHS 173 million from KGL.
As Finance Minister, he needs to be interested in understanding how the NLA received GHS 173 million from KGL, while the Ministry of Finance received only GHS 10 million in dividends from the NLA.
For the records, other 29 private lotto operators licensed by National Lottery Authority(NLA) also paid GHS 44.9 million to the NLA in 2025. I sincerely believe that these 29 licensed private lotto operators equally pay taxes to the Ghana Revenue Authority(GRA).
Therefore, strictly speaking, the Finance Minister has engaged in misinformation on this particular subject matter. It is NEVER TRUE that this is the first time the taxpayers are benefitting from lottery business since 2018.
The major problem of NLA is wastage of financial resources. It does not make sense for NLA to use over 90% of its income on Good Causes Foundation & other CSR activities and pays only GHS 10 million dividend to the Ministry of Finance.
It is not necessarily about reviewing of agreements but it is about tackling wastage of financial resources at the NLA as a resetting government. The more NLA receives the more they used the money on needless internal operations and activities at the detriment of the taxpayers.
General News
28 Containers Missing from Tema Port, Importers Petition GRA
Some importers have called on the Ghana Revenue Authority (GRA) to investigate the alleged unauthorised removal and transfer of 28 containers from the Tema Port.
In a petition dated September 29, 2026, and submitted to the Commissioner-General of the GRA, the importers raised concerns over the whereabouts of the containers, which were at different stages of the customs clearance process.
According to the petition, the 28 containers were discovered to have been emptied, misplaced, transferred or moved from the port without the consent or knowledge of their respective owners.
The affected containers were identified in the petition using their bill of lading numbers, with the importers urging the GRA to conduct an immediate and comprehensive investigation into how they were removed or transferred.
The petition stated that: “Twenty-eight (28) containers at various stages of clearance were found to be empty, missing, transferred and/or moved out of the port without the knowledge of the owners.”
The importers also disclosed that they had reported the matter to the Tema Regional Police Command. The complaint has reportedly led to the arrest of some individuals suspected of having connections to the incident.
The case follows allegations surrounding the illegal removal and diversion of containers from the Tema Port.
The alleged incident reportedly came to light after some owners of the affected consignments discovered that their goods were being removed from one of the containers and taken to a warehouse located near the GHACEM area in Tema.
The importers have expressed their readiness to cooperate with the GRA, the police and other relevant authorities as investigations into the matter continue.
Attached to the petition was a list of the 28 affected containers, together with the respective statuses recorded by the importers.



General News
National Lottery Authority Pays GH¢10 Million Dividend to Government for First Time Since 2017
For the first time in nearly a decade, the National Lottery Authority (NLA) has paid a GH¢10 million dividend to the Government of Ghana, marking a significant development in the authority’s contribution to national revenue.
The payment, which comes after years without a dividend to government, has been welcomed as a positive step toward ensuring that the proceeds generated from Ghana’s lottery sector translate into greater benefits for the taxpayer.
However, the development also raises a bigger question: Is GH¢10 million enough?
A Welcome Return, But More Is Expected The dividend payment represents the first such contribution since 2017 and could signal a renewed focus on improving the financial performance of the NLA.
While the GH¢10 million payment is commendable, concerns remain over whether it adequately reflects the revenue-generating potential of the lottery industry.
For many taxpayers, the expectation is that a state institution operating in such a lucrative sector should be capable of making substantially larger contributions to the national purse.
Taxpayers Deserve More The return of dividends is undoubtedly welcome, but it should not become a one-off gesture or a symbolic payment.
The NLA must demonstrate that it can consistently generate stronger returns for the state while maintaining transparency and accountability in its operations.
A sustainable dividend stream could provide government with additional resources to support critical sectors such as healthcare, education, infrastructure and social protection.
The Real Test Begins Now The GH¢10 million dividend should therefore be viewed as a starting point rather than the final achievement.
The bigger challenge is for the NLA to improve its operations, strengthen revenue mobilisation and ensure that future dividends reflect the full potential of the institution.
The Ghanaian taxpayer deserves more than a symbolic dividend. What is needed is a sustained and growing contribution to the national purse.
Business
Oil Prices Hover Near $100 as Markets Weigh Conflicting Supply Signals
OPEC+ policy also in focus
The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, kept its October production policy unchanged at its September meeting. The group is also dealing with longer-term questions about production quotas and members’ capacity.
For traders, the combination of recovering crude flows, tight refined-product markets and geopolitical uncertainty makes the direction of prices difficult to establish in the short term.
Markets watch the next move
Oil’s latest movements come after a sharp rise on Thursday, when Brent gained significantly before giving back some of those gains in Friday trading. Reuters reported that Brent was down about 0.7% at $101.61 and WTI was down about 0.9% at $92.02 in Friday trading, with both benchmarks heading toward weekly losses at that point.
The competing supply signals mean traders are likely to remain sensitive to developments in Middle Eastern shipping, refinery operations, inventories and government export policies.
With Brent still close to the psychologically important $100-per-barrel level, relatively small changes in expectations around supply or geopolitical risk could continue to produce sizeable price swings.
Lifestyle
Jordan’s 1998 NBA Finals Jersey Sells for £9m in Landmark Auction
It is not the overall sports-memorabilia record
Despite the enormous price, Jordan’s jersey does not hold the record for the most expensive game-worn sports item.
That distinction remains with Babe Ruth’s 1932 World Series jersey, which sold for $24.12 million (£18.2 million) in 2024.
For Jordan collectors, however, the latest sale establishes a new benchmark for memorabilia associated with one of the most significant seasons of his career.
General News
Putin Warns Russia Could Use Full Arsenal if Kaliningrad Is Attacked
Moscow, October 2, 2026 — Russian President Vladimir Putin has warned that Moscow would consider using all weapons available to it if Russia or its Baltic exclave of Kaliningrad came under direct attack, escalating an already tense exchange between Moscow and NATO over security in the Baltic region.
Putin made the remarks on Thursday during the annual meeting of the Valdai Discussion Club in Moscow, saying Russia did not intend to attack European countries but would respond if its territory were attacked.
The comments followed a Russian diplomatic warning to NATO that Moscow could use its entire military arsenal, including nuclear weapons, if the alliance attempted to isolate Kaliningrad from the rest of Russia.
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