World
football governing body, FIFA, has agreed to dole out some much needed cash the
way of the Nigeria Football Federation to help with sports development in the
country.
Under the aegis of the 'FIFA Forward Football Development program', FIFA
has agreed to 'significantly increase their financial support for member
associations and football development to 5million US dollars per 4year cycle
for each member association from 1.6million dollars per cycle.
According to FIFA, the NFF and other associations will now receive
$750,000 per year for football projects such as competitions, pitches, and
women's football development.
Every association will also receive $500,000 per year for running costs
in areas such as administration and governance.
Football confederations such as CAF, UEFA etc will now also receive $40m
per four year cycle .
The implementation of this monetary programme will commence from June
1, 2017
Source: FIFA.com
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