Nigeria football federation budgets 193m for 2020
According to reports, the Nigeria Football Federation (NFF) budgeted N193 million (approximately $520,000 USD) for the year 2020. This budget was approved by the NFF's Congress in 2019.
Here's a breakdown of the budget:
- Administration: N50 million (approximately $130,000 USD)
- Competitions: N60 million (approximately $160,000 USD)
- Development: N30 million (approximately $80,000 USD)
- Marketing and Sponsorship: N20 million (approximately $53,000 USD)
- Referees and Instructors: N10 million (approximately $26,000 USD)
- Miscellaneous: N23 million (approximately $61,000 USD)
It's worth noting that this budget is relatively modest compared to the budgets of other national football federations around the world. However, the NFF has been working to increase its revenue streams and improve its financial management in recent years.
It's also important to note that the NFF's budget is subject to change and may be adjusted based on various factors, including the country's economic situation and the federation's financial performance.