Tuesday, 11 March 2014

2014 World Cup: Nigeria Football Federation wants to spend N2.08 billion

Nigeria Football Federation(NFF) has revealed that they have budgeted a whooping N2.08 billion to use and prepare the Super Eagles for the 2014 FIFA World Cup tournament in Brazil.

On Monday General secretary of the NFF appeared before the House of Representatives Committee on Sports in Abuja,to defend the staggering budget for the World Cup.

In a breakdown of how the money would be spent,each Super Eagles player would get about $107,500 as winning bonus, should Nigeria go on to win the World Cup.

Super Eagles coach Stephen Keshi would get a bigger share of $215,000 if he steers Nigeria to victory in Brazil.

The players are guaranteed $10,000 for each of the three games in the first round of the World Cup,totaling $30,000 for the group stages while Keshi would get $20,000($60,000 for the three games in the first round).

Other members of the technical crew and the backroom staff would get varying bonuses as well.

$204,000 has been earmarked to foot the bills of five former Sports Ministers and five former Chairmen and Secretaries of the NFF,while $800,000 was budgeted for ten Nigerian artistes .

According to Amadu the budget for the World Cup includes the N1. 25billion grant from the Federal Government,which the presidency approved for the NFF to prepare the Eagles for the tournament.

He further added that said the approved money by the presidency would only carry the country to the Round of 16.

The News Agency of Nigeria (NAN) reports that all the agencies under the National Sports Commission (NSC) had their budgets approved by the committee.

Nigeria,who's appearing for the fifth time at the World Cup,has been drawn against Argentina, Iran and Bosnia-Herzegovina in group F of the first round of the 2014 World Cup, which kicks off in Brazil on June 12.

Additional contribution by Babalola Tomiwa

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