Ven01302015

Last updateVen, 30 Jan 2015 5pm

World Cup: Federation faces 830m Naira deficit in World Cup budget

Lagos, Nigeria - With 93 days to the start of the 2014 FIFA World Cup in Brazil, the Nigeria Football Federation (NFF) has said it faces a deficit of 829.9 million Naira (US$4.99 million) in its budget for the participation of the Super Eagles of Nigeria at the month-long tournament.


While the NFF has budgeted 2.084 billion Naira (US$12.5 million) for the global tournament, indications are that the government will only give the Federation 1.2 billion Naira (US$7.2 million).

The NFF therefore asked the federal legislature for assistance in getting the full sum needed for the Nigerian team's participation.

NFF Scribe Musa Amadu made the request when he appeared before the House of Representatives committee on Sports on Monday in the capital city of Abuja.

“For the World Cup, the budget we have is N2, 084,053,765 and from what we envisaging, government may likely gives us N1, 254,160,329. So there will be a shortfall in this World Cup budget to the tune of N829, 839,436 and the way we look at it this amount the government is bringing N1.2b will only take the Super Eagles to the round of 16 match in terms of the bonuses to paid, air ticket, estacodes, preparation and the rest of it,' the local Punch newspaper Tuesday quoted Amadu to have said.

The NFF budget covers the allowances for players and officials, winning bonuses, flight tickets, accommodation and others.

Each member of the team will receive US$10,000 as winning bonus during the group stage, US$12,500 during the second round and US$15,000 in the quarter-finals.

Coach Stephen Keshi's winning bonus is US$20,000 for the group stage; US$22,500 for the second round and US$25,000 for the last eight.

PANA reports that Nigeria is one of five African countries billed to participate at the World Cup, due to hold 12 June to 13 July.

Others are Algeria, Cameroon, Cote d'Ivoire and Ghana

Pana 12/03/2014