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NFF signs N500 million deal with MTN

Nigeria Football Federation (NFF), on Thursday, signed a partnership deal worth N500 million with telecoms giant, MTN, in Lagos.

With the deal, MTN becomes the official communication party of the football governing body in Nigeria.

NFF President Amaju Pinnick at the occasion said the body will achieve a 100 per cent self-sufficiency funding model during his tenure.

“At the end of my tenure, I want to see Nigerian football 100 per cent self-funding without involving the government, of course we thank the government for the past support.

“I can say now that NFF that started off from point zero has attained 85 per cent of self funding as at the signing of this partnership,” he said.

Mr Pinnick said that making the NFF self-sufficient would attract respect and put the Nigerian football model in the right perspective globally.

“This is the only way and means to gain respect globally, continentally and nationally. So, I want to thank the Minister of Sports because his impact is very encouraging,” he said.

Mr Pinnick said that the signing of the N500 million partnership was in tandem with the drive of the football ruling house to attain a self-sufficiency funding model for football development in Nigeria.

“We are excited about our partnership with MTN because it is something that has been going on for a very long time.

“We believe that in carrying out our culture of football development, we need a brand that has stood the test of time, the one that has gone through the thick of Nigeria system and that brand is MTN.

“We consider this partnership as a great privilege because MTN is a dependable brand,” Mr Pinnick said

He thanked President Muhammadu Buhari for creating an enabling environment for Nigeria football to thrive on a journey to prosperity.

The Minister of Sports and Youth Development, Sunday Dare, in his address, commended the partnership, adding that it was in tandem with the pursuit of his policy of giving sport a business model.

“The first thing of note is that this partnership is the first bold step in the direction that we intend to take Nigerian sports to.

“In the last 18 months, we have been working to initiate a business model into Nigerian sports.

“This country is about 15 to 20 years late in achieving this business model because football has remained a recreation and the entire spectrum of Nigerian sports and not a business.

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