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
-
‘We let the athletes down’ – NSA boss on Ghana’s Commonwealth Games campaign
7 minutes -
Jinapor prioritises exploration, investment to reverse Ghana’s oil production decline
9 minutes -
Eric Tinkler highlights deep-rooted challenges at Asante Kotoko, admits club is aware
12 minutes -
Next 15 years of Petroleum Commission must focus on transformation – John Jinapor
13 minutes -
Bank of Ghana’s negative equity should not come as a surprise – Minority
14 minutes -
US$3.5bn fresh investment shows renewed confidence in Ghana’s oil sector – Jinapor
15 minutes -
Another centenary in Keta: Vodza RC School
34 minutes -
GES engages teacher unions over concerns about 2025 promotion dates
40 minutes -
Ghana must move from participation to ownership in petroleum sector – Jinapor
50 minutes -
Government moves to restore investor confidence as Ghana seeks to revive oil production
53 minutes -
Kingsley Agyemang calls for legally protected fund to tackle Africa’s flood risk
55 minutes -
Andre Ayew Backs Grassroots Sports as Ghana-Anhui Chamber Donates 2,120 Items for Constituency Games
59 minutes -
Hostel Owners Association accuse Rent Control of threats, unfair treatment to operators
1 hour -
NSA opens special desk to resolve Ghana Card, school biodata mismatches
1 hour -
Ghana hosts Kenya, Netherlands, South Africa for talks on turning climate plans into action
1 hour