Nigeria Did Not Receive $100M Grant From IOC - NOC President

Nigeria Did Not Receive $100M Grant From IOC - NOC President

By Niyi Busari

The President of the Nigeria Olympic Committee, Engr Habu Gumel has shed more light on the $100 million grant given by IOC stating that the Nigeria Olympic Committee (NOC) did not receive $100 million palliative grant from the International Olympic Committee (IOC).

In his words, Gumel said the International Olympic Committee (IOC) earmarked the fund for its member associations in which 15 International Federations (IFs) got loans, donation to 5 International Federations (IFs) and others to the tune of $63 million to cushion the effect of the pandemic while 206 NOCs will get a share of $37million based on Olympic Solidarity evaluation of needs and assessment. Afterward, the Nigeria Olympic Committee will know what will accrue to them as a body.

Gumel made this known on Wednesday during the Nigeria Olympic Committee (NOC) Executive Committee (Exco) meeting cinducted via a zoom to discuss the way forward towards post-Covid-19 sporting activities in Nigeria.

On the agenda of the meeting, the Executive Board discussed the Tokyo 2020 Summer Olympic games in 2021, Commonwealth Youth Games which is postponed till 2023, the Commonwealth Games, Birmingham in 2022, the athletes welfare, the International Olympic Committee (IOC) agenda on 30% women involvement in the National Federations activities and the upliftment of the National Federations.

Speaking further, the NOC President informed that preparation in terms of logistics for the Olympics has reached a commedable height and he thanked the Honourable Minister of Youth and Sports Development, Sunday Dare for his support towards achieving it and in the same vein, he said federations that are yet to qualify for the Olympics should check their portals for the update.

In conclusion, he charged the Federations to continue to work in unity with the NOC and the federal Ministry of Youth and Sports Development for the betterment of the game while NOC will remain committed to supporting the Sporting Federations and the athletes to achieve the desired goal.