​NFF, Football body to receive N1.7B from FIFA


The Nigeria Football Federation (NFF) are set to receive a huge financial boost of N1.7b ($5m) every four years from world football governing body, FIFA in 2017.

FIFA is sending cash support over a four-year cycle for each member association across the globe with effect from 2017.

According to a statement by FIFA, the financial support to member associations for football development is to jump to (N1.7b) $5m every four-year cycle from the former figure of N568m ($1.6m) with effect from 2017.

With this arrangement, NFF and other FAs will now receive N443m ($1.25m) every year to support the specific programmes to be dictated by FIFA.

Under the previous programme, each federation got an annual support of N142m ($400,000) to help in administering the game in the country.

The NFF and other FAs, will have until 1 June 2017 to wrap up their contracts of agreed objectives with key performance indicators.

Until that date, the committee will consider projects for approval on a case-by-case basis.

FIFA President Gianni Infantino explained that the body is about providing concrete assistance to the football community via the transparent use of the funds.

“FIFA Forward’s aim is to best fulfil FIFA’s mission of developing the game around the world. This is not simply about providing more funds to member associations and confederations, but about providing concrete assistance to the football community via the transparent use of funds, and changing the culture towards a greater impact of FIFA’s development activities that can systematically be measured,” Infantino said.

Infantino has also confirmed that he will be visiting Nigeria on » Sunday, July 10 on a two-day working visit.

Infantino on Sunday, July 10 met with president of the NFF Amaju Pinnick in Paris, France where he confirmed the visit.

NB: $1=N363

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Author: Signalblog

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