Private money requires greater accountability than public funds, says Gov. Obaseki

Governor Godwin Obaseki of Edo has charged the State Sports Commission Board to tap into funding from the private sector to develop infrastructure and drive sporting activities.
He called for total reform and transparency in the administration of sports associations, this, he said was only achievable through private capital.
“Private capital is fundamentally different from the way government capital behaves. There is a high level of transparency because anybody who puts money down wants to see where that money is going to and how that money is being spent,” he said.
He added, “This is because if they don’t see it you can’t attract more. So, we can’t run the associations the way we used to.”
The governor also called on the board to develop 10,000 athletes in different fields of sports in the next five years.
“We have to catch them in schools and those outside schools. Success to me will be when we have more than 10,000 Edo sports people,” Mr Obaseki said while inaugurating the Yusuf Alli-led Sports Commission on Saturday in Benin.
He admonished the commission to pursue policies that would ensure the dominance of the state in the entire country in terms of the development and training of athletes.
“People need to prepare for the global market, why can’t we start now?
“We just have to catch them young whether it is in swimming, tennis, basketball, table tennis, handball or football.
“We should be able to say in five years’ time we have trained between 10,000 to 20,000 and if 1,000 of those become global stars, see what that would do for us,” he stated.
(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.”

Heading 3
2027 Elections: Police commence recovery of illegal arms nationwide
Mr Kokumo said the centre had destroyed more than 16,000 unserviceable weapons since its inception.

Heading 5
Court restrains FRSC from operating on Kano township roads
Mr Hikima sued the commission for unnecessarily stopping, searching and questioning him and other motorists.

Heading 5
White House teleprompter operator rakes in over $100,000 betting on Trump’s speeches: Report
Investigators discovered Mr Perez placed bets on more than a dozen of Mr Trump’s speeches over a three-month period.

Hot news Home top
Kidnapped Kogi school principal, NECO official, students regain freedom
Gunmen, on Tuesday, abducted a principal, NECO official and students during exam in Kogi school.

World
ECDC warns drug-resistant gonorrhoea spreading across Europe
ECDC said that gonorrhoea remains one of the most common sexually transmitted diseases globally.






