Audio By Carbonatix
Super Eagles major sponsors will be approached by football bureaucrats to help the team in cushioning its 2014 World Cup budget deficit in Brazil, the Nigeria Football Federation (NFF) has announced.
The amount appropriated for the World Cup is N1.2 billion (equivalent of $7 million) out of N2.8 billion (about $12 million) which the NFF asked from government to enable the Eagles participate at the global football spectacle. The approved grant will still leave a shortfall of N829 million (about $4.5 million).
NFF Secretary General, Musa Amadu, insisted at a media parley on Tuesday that the approved vote would barely be sufficient for the Eagles' first two weeks stay in Brazil.
The World Cup, the most attractive sporting event in the world with 32 nations in attendance, will be staged from June 12 to July 13 in 12 centres across Brazil.
While government is expected to come to the aid of the team given the unifying role of football in the country, Amadu said one option the federation was considering in order to plug the budget gap is to approach its sponsors.Some of the federation's strategic marketing partners include, Globacom, Samsung, Adidas and Guinness.
''The budget itself is the totality of what is needed to take the team to the last stage of the World Cup. We still have a shortfall that is yet to be specifically looked into but must be provided if we aim to go as far as we want at the competition. We should now explore those areas we spoke about- getting our sponsors to chip in some money- so that we will be able to concentrate on the project of doing well in Brazil,'' Amadu said.
Nigeria's World Cup finances will cover several items ranging from daily allowances to players and officials, match bonuses and flight tickets for the team and national contingent among other sundry expenses.
By comparison, while Nigeria's approved grant of $7 million is a far cry from Black Stars of Ghana's $9.6 million budget, it is a shade ahead of the $5.4 million Ivory Coast plans to spend and $5.8 million which Algeria proposed for their team at the tournament.
Latest Stories
-
I wish to experience childbirth; I’m jealous of women – Okyeame Kwame
25 seconds -
Manhyia South constituents demand apology from EOCO over attempt to ‘unlawfully’ arrest MP
4 minutes -
Twelve women have been killed in one part of South Africa since July. Here’s what we know so far
7 minutes -
OMJ Foundation commits to supporting transport, safety and livelihoods of commercial riders in Akuapem South
10 minutes -
The Reciprocity crisis: Why Ghana welcomes British Professionals while the UK relegates ours
10 minutes -
GNAT rejects gov’t fresh assurances, demands implementation of August 31 agreement
21 minutes -
Gabriel Tanko Kwamigah-Atokple appointed Patron of NDC UK and Ireland Aldershot Branch
25 minutes -
Bawumia engages Ghana Medical Association on health workforce and licensing concerns
29 minutes -
SEC shuts down Nyak-City Hostels over unlicensed investment scheme
30 minutes -
The Ladder Project engages 60 UPSA student leaders on leadership and Ghana’s next chapter
32 minutes -
National Investment Quiz: St. Augustine’s, Prempeh College advance to semi-finals
37 minutes -
Leadership is about responsibility, not titles – Sammi Awuku tells UPSA students
39 minutes -
National Investment Quiz: Corpus Christi, Wesley Girls, advance to semi-finals
43 minutes -
Phone dealer murder: 3 suspects remanded as court adjourns Teshie case
46 minutes -
Seamless Technologies CEO Calls for Strategic AI adoption to transform Ghana’s financial services sector
49 minutes