After N1.2b Income Without Football Activities, NFF Writes FG For Financial Support

After N1.2b Income Without Football Activities, NFF Writes FG For Financial Support

By Niyi Busari

President, Nigeria Football Federation, NFF, Amaju Pinnick has said that the federation needs more money to execute the upcoming programmes of the Super Eagles, Falconets and Flamingos, BSNSports.com.ng can report.

Speaking on TVC on Wednesday, Pinnick added that the federation has already requested for the financial support from the Federal Government.

"Then, on our part, we also wrote to government requesting f government can, like what they did in Senegal, if government can add $500,000 to $1m to it (FIFA and CAF funds)

“And we are thinking of opening a camp sometime in September for the Super Eagles in Austria where they are expected to play two friendly matches. We also need funds for that as well.”

An independent investigation revealed that the NFF has received over One billion and two hundred and eighteen million naira (N1,218,000,000) in 2020 when the national team have been involved in only one international match - the Flamingos World Cup cup qualifier against Burkina Faso.

While wondering how the NFF has spent funds received from FIFA, CAF, sponsors as well as federal government, a Nigerian journalist based in Canada, Adewale Ajayi asked the federation to stop deceiving Nigerians that they are broke.

"The Nigeria football federation has gone about with their usual campaign of no money, we are broke, we need to restrategise if we must meet up with the demands of running football in Nigeria. All these they have done successfully to keep stakeholders off their necks while a few individuals enjoy the benefits in silence.

"NSM Media investigation has unearthed some hidden facts that exposes the NFF as not being broke but indeed very bouyant. Between January and June of 2020, the NFF under the leadership of Amaju Melvin Pinnick has raked in over 600 Million naira from various sources our investigations have revealed.

Below is a breakdown of all the monies recieved by the NFF in the last few months

FIFA GRANTS
500,000 DOLLARS IN TWO INSTALLMENTS TOTALLING 1,000,000 DOLLARS= CONVERTED TO NAIRA =360,000,000 NAIRA

COCA COLA SPONSORSHIP 2020-
800,000 DOLLARS = CONVERTED TO NAIRA =28,000,000

GOVERNMENT ALLOCATIONS CAME IN THREE FOLDS OF 90,000,000
70,000,000, and 50,000,000=
TOTAL= 210,000,000 NAIRA

CAF ALLOCATION OF 250,000,000 DOLLARS. CONVERTED TO NAIRA
= 9,000,000 Naira

FIFA 750,000 DOLLARS FOR SUPER FALCONS PARTICIPATION AT THE WORLD CUP = 27,000,000

BREAKDOWN

FIFA GRANTS==360,000,000
COCA COLA=== 28,000,000
FED GOVT ==210,000,000
CAF == 9,000,000
FALCONS == 27,000,000

TOTAL === 1,218,000,000

Now, is the NFF truly broke? He asked.

In a year that may not see any potential football activity, what will the NFF be doing with all these monies?

It is important to state here that, the Federal Government Allocations came in 3 trenches and all monies were recieved between May and June this year.

This is happening at a time that the NFF is planning to cut down on expenses by reducing the number of competitions the Nigeria will be taking part in, in the years ahead. The federation announced pulling out in all Beach Soccer competition as well as cancellation of bonus and allowances for all age-grade national teams.

The NFF is also planning to cut down on the number of backroom staff in the various National teams as they look forward to the bitting effect of the Corona Virus pandermic on the economy.

NSM MEDIA further scooped that there are still other monies being expected from FIFA and CAF to help the various National associations cushion the effect of the pandemic in the coming months.