President Bola Tinubu on Wednesday announced awards for Nigeria’s victorious under-17 female football team, giving each player a N100million Federal Government Savings Bond rather than an immediate cash payout.
The five-year investments attract an annual interest rate of 14%, according to the Chairman of Nigeria Football Federation (NFF) Shehu Dikko.
The team’s coach will receive N100million in cash, while each member of the technical crew will get N50million.
First Lady Oluremi Tinubu, representing the President, announced the rewards at a reception for the Flamingos at the Presidential Villa in Abuja. Separate reporting confirmed the awards to the players and coaching staff.
The reception followed Nigeria’s victory over Japan in the tournament’s final in Morocco, making the Flamingos the first African team to win the FIFA Under-17 Women’s World Cup.
