The Nigeria Football Federation (NFF) has said that it will not rely on funding from government to prosecute the Super Eagles campaign in the Russia 2018 FIFA World Cup, Sportstalkafrica.com reports.
This was revealed at the Annual General Assembly of the Federation holden in Jos, Plateau State, on Thursday, October 19.
2nd Vice President of the NFF, also Chairman of the League Management Company, and Chairman of the NFF Marketing, Sponsorship and Broadcast Rights Committee, Shehu Dikko, said at the opening of the AGA that the time has come for the federation to lift the weight of prosecuting the World Cup campaign off the shoulders of the government by working hard on its sponsorship drives and exhibiting diligent prudence in the management of its finances.
Dikko said the federation already has some finances by virtue of the qualification of the Super Eagles and hopes to meet target through the support of partners and sponsors.
“We are planning a zero public revenue budget to prosecute the World Cup. We are working hard to achieve this so that we can relieve government of the burden. We believe we can achieve it through the support of our sponsors and partners and with the participation and preparation fees which accrues to us from FIFA by virtue of the qualification of the Super Eagles”, Dikko said.
By qualifying for the World Cup, the Super Eagles are already entitled to the sum of $10m to play in the first round and additional $2.5m for preparations. The income increases with qualification to the second round and on to the crucial stages.
“With this, we already have some resources. It may not be enough but we are talking with our partners who are increasingly showing confidence in us due to our demonstration of transparency, accountability and prudence. They all accept that it is a Nigerian project for which all hands have to been on deck.
“We intend to provide the best preparation for the Super Eagles. We are not considering the second round. We are aiming to get into the quarter finals, at the least, and into the semi finals and finals, anything can happen. We do not want all those hitches and arguments about funding hitherto associated with our participation in big international events. We want to be focused on the objective of the World Cup.
If we cannot achieve 100 percent zero reliance on government, we should at most be requiring very minimal support from public fund. That is the way we want to go.”
Already, the AGA has approved the NFF budget of N6.3b with only half of the sum guaranteed by government subventions and existing sponsorship. The subvention and sponsorships do not particularly address the World Cup campaign but Dikko said they will drive hard to source the balance from further partnerships and other external incomes.
For their financial diligence and prudence, the congress commended NFF leadership, Executive Committee and Management officials, saying they were impressed by their hard work in the past three years to eliminate areas of concern in financial records which has earned the federation high recommendations from world renown auditors, PricewaterhouseCoopers.