Thursday, November 21, 2024

NFF To Get N190m Relief Package From FIFA


NFF

NFF To Get $500,000 Relief Package From FIFA

By Sampson Adedeji

FIFA will release $150 million (139 million euros) to its member football associations to help handle financial troubles caused by the coronavirus, the global governing body said on Friday.

FIFA said that "all operational funding" for 2019 and 2020 would be distributed amongst the 211 member associations in the next few days "as the first step of a relief plan to assist the football community impacted by the COVID-19 pandemic".

Each national governing body including Nigeria Football Federation (NFF) will receive $500,000, (N190 million) that FIFA says would normally be delivered "upon fulfillment of specific criteria", but will release those funds and any "remaining entitlement for 2019 and 2020".

FIFA president Gianni Infantino said that the funds were the "first step of a far-reaching financial relief plan we are developing to respond to the emergency across the whole football community".

https://twitter.com/fifamedia/status/1253671645623078919?s=19

"It is FIFA’s duty to be there and support the ones that are facing acute needs," added Infantino. "This starts by providing immediate financial assistance to our member associations, many of which are experiencing severe financial distress."

The funds come from the Forward 2.0 programme, which was launched in 2016 and will provide $1.746 billion (around 1.6 billion euros) in total over the 2019-2022 period.

Niyi
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Niyi Busari

Award winning journalist, Niyi Busari, the Publisher and CEO of BSN Sports Concepts is one of the most celebrated Nigerian sports journalist of his generation. A"cross-over" professional, he combines the talents and abilities of a print and electronic journalist in a manner that is rare, even though his specialization is print. A graduate of Economics from the University of Abuja where he obtained his Bachelor Degree in 2015.

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