The Nigeria Football Federation (NFF), is set to start receiving a large sum of cash from FIFA annually, for the development of the sports in the country.
FIFA, using its ‘FIFA Forward Football Development program’ will be contributing to the development of football, by ‘significantly increasing their financial support for member associations and football development to 5 million US dollars per 4year cycle for each member association from 1.6million dollars per cycle.
According to the world football governing body, NFF and other football associations will be collecting $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