Nigerian Professional Football League (NPFL) has received their take-off grant of N200 million as the league resumes on Sunday 8th of January 2023. On Thursday, the Nigerian Football Federation (NFF) announced a partnership between the GTI Group Interim Management Committee (IMC) of the Federation. This partnership will see each participating team of the NPFL receive a take-off grant of N10 million each.
According to the IMC chairman, Honorable Gbenga Elegbeleye, the collaboration facilitated by the Interim Management Committee (IMC) with the endorsement of the Nigeria Football Federation (NFF) for a rebirth of the Nigeria Premier League in order to gradually address the fundamental challenges facing the development of football leagues in the country over the years.
This will usher in a new era of financial discipline and transparency with a proper corporate governance structure consistent with international best practices in the sports business. It will be supported by an established regulatory framework to ensure this is achieved going forward.
This is also in line with the national sports industry policy recently approved by the Federal Government of Nigeria.
Henceforth, the remuneration of match officials will be given due consideration while the visibility of the league will be consistently enhanced through the various platforms of communication as well as vigorously energizing all components of revenue generation. This will create significant benefits for all stakeholders and contribute to Nigeria’s Gross Domestic Products similar to what is obtainable in the various countries with developed football leagues in the world.
The Group Management Director of GTI, Abubakar Lawal, explained further that the Nigeria Premier Football League (NPFL) has now been transformed into a unique National sports asset that creates an opportunity for the key stakeholders and the general public to earn good returns on their respective sponsorship and investment in the league through the Nigeria Football Federation Fund (TNFF).
