NFF Unveils 2018 Budget

NFF Logo
The Nigeria Football Federation today gave an insight to its working capital for 2018. The football running body revealed that it’s “total budget for year 2018 activities is the sum of N6,382,500,310.00.” The figure, the NFF explains, in a release by its communications unit, is the combined sum of government subvention and sponsorship contract.  “The guaranteed revenues from sponsors and government subvention is the sum of N3,062,500,310.00, leaving a shortfall of the sum of N3,320,000,000.00, which the Federation has to work to augment through sponsorships and special intervention,” it said, noting that “The General Assembly, which held its annual meeting at Crest Hotel, Jos, Plateau State, yesterday “approved the NFF Financial Statement for the year 2016 and the 2018 Budget as proposed.”
Coming days after the Super Eagles  secured qualification for the FIFA World Cup in Russia, the “General Assembly expressed heartfelt appreciation to the Federal Government of Nigeria, the Federal Ministry of Youth and Sports, the National Assembly, various football stakeholders as well as players and officials of the Senior National Football, Super Eagles, for their tremendous efforts in ensuring Nigeria’s qualification for the Russia 2018 FIFA World Cup Finals.”
The Congress also adopted a motion “to the effect that future Elective Congresses be moved away from the FIFA World Cup year. This is to guarantee stability in the system to prepare the National Team for credible participation at the finals, and to avoid the distractions and crises usually associated with the World Cup year.”
Also, the  General Assembly approved the venue and date of the next NFF Elective Congress. It will hold in Katsina, on 30th September 2018. The approval is, however  subject to any amendments to the Statutes in view of the coming NFF Bill.
Other decisions taken include the composition of a new  NFF Electoral and NFF Electoral Appeal Committees.
The Electoral Committee members include Barr. Mohammed Sani Katu; Mr. Sani Salawu; Barr. S.C.A. Umeha; Barr. Olusola Oke; Mr. Mohammed Manzo; Dr. Mohammed Sanusi (Secretary). On stand by are Hon. Isong Isang and  Barr. Mohammed Aliyu Sambo.
Those on the Electoral Appeal Committee are Barr. A. U. Mustapha; Mr. Mojeed Adegbindin; Barr. Gbwen Alex Gbejule. On stand by are Sir Emma Ochiagha and Barr. Mohammed Zanna Mala.
The release further notes that  “in consideration and appreciation of the numerous on-field (including Nigeria’s qualification for the 2018 World Cup finals with a match to spare) and off-field (including but not limited to numerous sponsorship agreements secured and high reckoning for Nigeria in global football administration) achievements, the General Assembly passed a vote of confidence on the NFF Executive Committee led by Mr. Amaju Melvin Pinnick.”
Follow Us on Social Media

Related posts

Select Language
error: Content is protected !!
WhatsApp WhatsApp us