Audio By Carbonatix
THE Nigeria Football Federation (NFF) will get a total of N1.903,607,400 (one billion, nine hundred and three million, six hundred and seven thousand, four hundred naira) as grant from the Federal Government for its activities in the coming 2013 fiscal year.
The money, which the Federal Government has approved through the Budget Office, is expected to take care of both personnel and overhead expenses as listed by the federation in its budget proposal, which it sent to the Ministry of Finance, through the National Sports Commission (NSC).
A copy of the approved budget document, which the federation sent to the budget office and obtained by The Guardian, shows that the federation proposes to spend N96, 457,729. (ninety-six million, four hundred and fifty seven thousand, seven hundred and twenty nine naira) for its personnel services, while the sum of N1,807,149,671 would be committed to its total overhead.
A breakdown of the budget also indicates that the federation will among other expenses, commit a total sum of N1, 580, 233,671, (one billion, five hundred and eighty million, two hundred and thirty three thousand, six hundred and seventy one naira) for its sporting activities, while its fifteen board members are expected to pick a total sum of N12m as honorarium and seating allowances for the period of 2013.
Also the budget contains a total of N69.3m, which the federation will commit to travels, for both local and international assignments, while it will part with a total sum of N85,740, 204, (eighty-five million, seven hundred and forty thousand, two hundred and four naira) as workers consolidated salary for 2013.
The NFF also set aside a total sum of N20 million for the legal department to tackle all legal battles that may come up in the fiscal year, while N15 million will be spent for welfare of members and staff of the federation.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Some MMDCEs reject uniform 24-Hour Economy Market model, seek flexible options
2 minutes -
Government to reform cultural, creative sector policies
5 minutes -
Illegal farming ravages Chai River forest reserve
11 minutes -
Christmas should inspire unity and national renewal – Prof Opoku-Agyemang
14 minutes -
Ashanti Region: NADMO prioritises preventive measures to reduce road carnage
20 minutes -
Mahama pledges reset, growth and jobs for all Ghanaians in Christmas message
28 minutes -
13 inmates at Nsawam Prison granted bail under the Justice For All Programme Â
34 minutes -
We invited a man into our home at Christmas and he stayed with us for 45 years
43 minutes -
From uncertainty to clarity: Ghana draws the line on digital assets
54 minutes -
23% of Ghanaians battling Insufficient Food Consumption – AGRA Report
1 hour -
Average price of food commodities drops by 32% over last one year – AGRA Food Security Monitor Report
1 hour -
Stampede claims life at Asake concert in Kenya
1 hour -
Asake will perform at my wedding – Wizkid
2 hours -
11 arrested over mass shooting in South Africa tavern
2 hours -
Police arrest suspected serial thief at Diaspora Summit
2 hours
