FG Releases N471.8 Million For Falcons, Super Eagles

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  • FG Releases N471.8 Million For Falcons, Super Eagles

The Office of the Accountant General of the Federation has released the mandate to Central Bank of Nigeria for payment of naira equivalent of US$1,173,820.00 at N305/$ to Nigeria Football Federation to pay outstanding winning bonuses for Super Eagles in the 2018 World Cup Qualifying Matches and for the Super Falcons’ participation in the 10th Women’s Africa nations Cup.

This is in furtherance of the approval from Minister of Finance, Kemi Adeosun, for the said amount to be paid.

The mandate, which is a sum of N358 million, was paid by Central bank of Nigeria on Thursday, a statement signed Kenechukwu N, on behalf of the Accountant General, said.

Similarly, another mandate for N113.8 million has also been released by Office of Accountant General of the Federation for the payment of winning bonus for Super Eagles in the 2018 World Cup Qualifying matches; and for the Super Falcon’s participation in the 10th Women’s Africa Nation’s Cup.

This amount has also been paid to Nigeria Football Federation and is equally sequel to the approval of the minister of finance.

The payment came after members of Super Falcons demonstrated in Abuja demanding payment of their outstanding bonuses.

President Muhammadu Buhari later authorised the payment within 24 hours.

About the Author

Samed Olukoya
Samed Olukoya is the CEO/Founder of investorsking.com, a digital business media, with over 10 years' experience as a foreign exchange research analyst and trader. A graduate of University of East London, U.K. and a vivid financial markets analyst.

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