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NFF should stop telling Nigerians stories, where are all the monies they got from Fed Govt, FIFA and CAF?

The Nigeria football federation has gone about with their usual campaign of no money, we are broke, we need to restrategise if we must meet up with the demands of running football in Nigeria. All these they have done successfully to keep stakeholders off their necks while a few individuals enjoy the benefits in silence.



NSM Media investigation has unearth some hidden facts that exposes the NFF as not being broke but indeed very bouyant.

Between January and June of 2020, the NFF under the leadership of Amaju Melvin Pinnick has raked in over 600m naira from various sources our investigations have revealed.

 Below is a breakdown of all the monies recieved by the NFF in the last few months

FIFA GRANTS
500,000 DOLLARS IN TWO INSTALLMENTS TOTALLING 1,000,000 DOLLARS= CONVERTED TO NAIRA  =360,000,000 NAIRA

COCA COLA SPONSORSHIP 2020-
800,000 DOLLARS = CONVERTED TO NAIRA  =28,000,000.

GOVERNMENT ALLOCATIONS CAME IN THREE FOLDS OF     90,000,000
70,000,000
50,000,000=
TOTAL= 210,000,000 NAIRA

CAF ALLOCATION OF 250,000,000 DOLLARS. CONVERTED TO NAIRA
= 9,000,000 Naira

FIFA 750,000 DOLLARS FOR SUPER FALCONS PARTICIPATION AT THE WORLD CUP = 27,000,000

BREAKDOWN

FIFA GRANTS==360,000,000
COCA COLA===  28,000,000
FED GOVT      ==210,000,000
CAF                 ==     9,000,000
FALCONS       ==   27,000,000

TOTAL      ===     634,000,000



Now is the NFF truly broke? The facts are there for all to see.
 
In a year that may not see any potential football activity,  what will the NFF be doing with all these monies? Your guess is as good as mine.

It is important to state here that, the Federal Government Allocations came in 3 trenches and all monies were recieved between May and June this year.

This is happening at a time that the NFF is planning to cut down on expenses by reducing the number of competitions the Nigeria will be taking part in, un the years ahead.

The NFF is also planning to cut down on the number of backroom staff in the various National teams as they look forward to the bitting effect of the Corona Virus pandermic on the economy.

NSM MEDIA further  scooped that there are still other monies being expected from FIFA and CAF to help the various National associations cushion the effect of the pandemic in the coming months.

NFF over to you!

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