Lagos - Out of the N5.9 billion 2016 budget presented by the Nigeria Football Federation (NFF) to the National Assembly, only N1.2 billion was approved, News24 has gathered.
The reason for the approval of N1.2 billion was due to bad presentation of the budget by the NFF, a source revealed.
Prior to the approval, a sum of N1.5 billion was budgeted to be spent on Super Eagles’ participation in the Championship of African Nations (CHAN) scheduled for Rwanda from January 16 to February 7, 2016. Nigeria crashed out of the tournament in the group stage.
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The NFF also budgeted 672 million naira for the U20 Fifa Women World Cup billed for Papua New Guinea from November 13 to December 3 and earmarked 369 million naira for Dream Team’s Rio 2016 Olympics campaign.
The Federation set aside 920 million naira for Super Falcons' preparation, qualifiers and participation in the 2016 African Women Championship in Cameroon, while the Flying Eagles' preparation and participation in the U-20 Cup of Nations would require 620 million naira.
It also budgeted 651 million naira for Super Sand Eagles campaign in the 2016 COPA Lagos Beach Soccer championship, 115 million naira for grassroots youth championships as well as 286 million naira for payment of coaches' salaries.For the latest on national news, politics, sport, entertainment and more follow us on Twitter and like our Facebook page.