The Nigerian president presented a budget of N16,391,023,917,672 to the National assembly on Thursday where the ministry of sports was allocated N193,315,083,317 for 2022 which is 1.2% of the budget but it was a reduction of 0.18% compared to the previous year when they were given 1.38% of the budget.
The budget breakdown reveals that the National Youth Service Corps received the highest, followed by Sports and Citizenship and Leadership Training Centre coming third when ranked.
The Nigeria Football Federation and the Nigeria Institute for Sport had a budget of N1,256,758,296 and N1,014,603,782 respectively.
The NFF plans to use N109,409,206 of its budget to pay salaries and wages, while N905,695,006 will go to overhead costs and N225,242,703 for capital projects.
Part of the projects the NFF is planning to undertake in 2022 include purchase of pick-up vans for out-of-station projects monitoring (N65m); purchase of busses for national team training while in camp (N40m); construction of pavilion and spectators sitting area at the NFF/FIFA Goal Project at Package B, National Stadium, Abuja (N65m) and purchase of medical equipment for national teams use during matches/tournaments (N10m).
Others are purchase of sporting and gaming equipment for national teams for qualifying matches and tournaments (N15m); construction of Ebonyi State FA House (N20m) and monitoring and evaluation of projects in and out of station (N10.2m).
Aside from money from the FG, the NFF is also expected to receive funds from FIFA, CAF and their private partners.
0 Comment(s)