World football governing body, FIFA, has agreed to dole out some much
needed cash the way of the Nigeria Football Federation to help with
sports development in the country.
Under
the aegis of the ‘FIFA Forward Football Development program’, FIFA has
agreed to ‘significantly increase their financial support for member
associations and football development to 5million US dollars per 4year
cycle for each member association from 1.6million dollars per cycle.
the aegis of the ‘FIFA Forward Football Development program’, FIFA has
agreed to ‘significantly increase their financial support for member
associations and football development to 5million US dollars per 4year
cycle for each member association from 1.6million dollars per cycle.
According
to FIFA, the NFF and other associations will now receive $750,000 per
year for football projects such as competitions, pitches, and women’s
football development.
to FIFA, the NFF and other associations will now receive $750,000 per
year for football projects such as competitions, pitches, and women’s
football development.
Every association will also receive $500,000 per year for running costs in areas such as administration and governance.
Football confederations such as CAF, UEFA etc will now also receive $40m per four year cycle .
The implementation of this monetary programme will commence from June 1, 2017
Source: FIFA.com