FIFA To Pay NFF 212 Million Naira Annually
FIFA To Pay NFF 212 Million Naira Annually
The Nigeria Football Federation ( NFF), is set to start receiving a large sum of cash from FIFA annually, for the development of the sports in the country.
FIFA, using its ‘ FIFA Forward Football Development program’ will be contributing to the development of football, by ‘significantly increasing their financial support for member associations and football development to 5 million US dollars per 4year cycle for each member association from 1.6million dollars per cycle.
According to the world football governing body, NFF and other football associations will be collecting $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
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