NFF signs N500 million deal with MTN

Nigeria Football Federation (NFF), on Thursday, signed a partnership deal worth N500 million with telecoms giant, MTN, in Lagos.
With the deal, MTN becomes the official communication party of the football governing body in Nigeria.
NFF President Amaju Pinnick at the occasion said the body will achieve a 100 per cent self-sufficiency funding model during his tenure.
“At the end of my tenure, I want to see Nigerian football 100 per cent self-funding without involving the government, of course we thank the government for the past support.
“I can say now that NFF that started off from point zero has attained 85 per cent of self funding as at the signing of this partnership,” he said.
Mr Pinnick said that making the NFF self-sufficient would attract respect and put the Nigerian football model in the right perspective globally.
“This is the only way and means to gain respect globally, continentally and nationally. So, I want to thank the Minister of Sports because his impact is very encouraging,” he said.
Mr Pinnick said that the signing of the N500 million partnership was in tandem with the drive of the football ruling house to attain a self-sufficiency funding model for football development in Nigeria.
“We are excited about our partnership with MTN because it is something that has been going on for a very long time.
“We believe that in carrying out our culture of football development, we need a brand that has stood the test of time, the one that has gone through the thick of Nigeria system and that brand is MTN.
“We consider this partnership as a great privilege because MTN is a dependable brand,” Mr Pinnick said
He thanked President Muhammadu Buhari for creating an enabling environment for Nigeria football to thrive on a journey to prosperity.
The Minister of Sports and Youth Development, Sunday Dare, in his address, commended the partnership, adding that it was in tandem with the pursuit of his policy of giving sport a business model.
“The first thing of note is that this partnership is the first bold step in the direction that we intend to take Nigerian sports to.
“In the last 18 months, we have been working to initiate a business model into Nigerian sports.
“This country is about 15 to 20 years late in achieving this business model because football has remained a recreation and the entire spectrum of Nigerian sports and not a business.
“The policy to redirect the sports administration is in the last stage of the final draft at the office of the Attorney General and Minister of Justice and as soon as it is complete we will have the policy.
“The MTN and NFF partnership have already given life to that policy because that is what we want to see; we want our sport federations to be self-funding and this has been the sermon that I have been preaching,” the minister said.
MTN Chief Executive Officer, Karl Toriola, noted that the telco giant had been in the forefront of supporting the Nigerian cause, adding that football as the most followed sport globally was not an exception.
“Right from the start of our operations in Nigeria in 2001, we have always connected with good causes. It is on having to invest in platforms that unites the nation and there is no greater platform than football.
“We have a favourite slogan in MTN and this is “Nigeria, where football lives” and we have demonstrated this by supporting football and its development.
“We have supported from the highest international level to national competitions so as to take initiatives that add value to us. We have also supported other causes in football development.
“We are passionate about football and we take it seriously that millions of Nigerians have passion for this great sport, so we as an organisation look beyond challenges to opportunities and promises,” he said.
Among other dignitaries at the event were the Chairman of MTN board, Ernest Ndukwe, NFF Second Vice President, Shehu Dikko and Special Adviser to the President on Sports, Daniel Amokachi.
Also present were NFF Director of Communications, Ademola Olajire, selected Super Eagles players, including Captain Ahmed Musa, Williams Troost-Ekong, Victor Osimhen and Wilfred Ndidi, among others.
The signing ceremony was held at the Marriott Hotels, Ikeja.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

Africa
Xenophobia: Uganda repatriates 1,102 citizens from South Africa
The Ugandan embassy said, “The arrival marks the successful conclusion of phase one of the government of Uganda’s voluntary repatriation exercise.”

NationWide
CSOs urge assessment of National Assembly’s proposed electoral college for women legislators
“The proposal is unfamiliar to many stakeholders and understandably raises concerns, but we must carefully interrogate it instead of dismissing it outright,” he said.

Hot news Home top
Ryanair passenger partly sucked out of Boeing 737 plane as window dislodges after take-off
A witness said a passenger’s head and shoulders were sticking out of the broken window, and fellow passengers managed to pull him back inside the aircraft.

Lagos
LG chairman bans indiscriminate placement of banners, posters at Badagry roundabout
“This will also improve visibility for motorists, prevent obstruction of traffic signs and maintain the aesthetic of one of Badagry’s busiest gateway corridors,” he said.

Economy
Digital payments power Nigeria’s $11.09 billion food service industry: Moniepoint Study
The study projected that the market would reach $19.31 billion by 2030, expanding at an annual rate of 11.73 per cent.

States
LG Poll: Edo police impose statewide movement restriction
The police command in Edo State announced movement restriction from 12:00 midnight to 6:00 p.m. on Saturday as part of measures for the local government election.





