SportsTop Story

AFCON: Pres.Tinubu releases N12bn to clear debt owed to Super Eagles, others 

"The payment entails the clearing of the senior national team coach salaries running up to 15 months, payments of allowances and promises due to the senior national teams, females, and Under-20 national team"

1.5k
With the African Cup of Nations set to  kick off a week from now, President Bola Tinubu has cleared all outstanding debts the Federal Government is owing the Super Eagles and all other national teams of the country.

According to a post on X from the Tinubu’s Media Centre on Sunday, the 15 months unpaid salary of Jose Peseiro and his backroom staff and all the allowances and bonuses due to the senior national team players have been cleared by the President.

Peseiro’s initial contract with the country’s apex football authority (NFF) was agreed at $70,000 a month, but after the expiration of his initial contract in July 2023, it was gathered that his monthly pay in his new contract was slashed to $50,000 after the federation said they could no longer afford his previous salary.

The statement reads: “President @officialABAT has approved the payment of N12 billion outstanding backlog for Nigeria’s National teams of various sports, which includes Super Eagles and others.

“The payment entails the clearing of the senior national team coach salaries running up to 15 months, payments of allowances and promises due to the senior national teams, females, and Under-20 national team.

“This is coming at a time when the Super Eagles of Nigeria are preparing to participate in the Africa Cup of Nations, which is billed to start later this month.”

Leave a comment

Related Articles

Eight secondary school boys seize, gang-rape 14-year-old schoolgirl in Ogun

A 14-year-old schoolgirl in the Ijebu-Mushin area of Ogun State has been...

Just in: Senate confirms Omolola Oloworaran as DG PENCOM

The Senate on Thursday confirmed the nomination of Omolola Oloworaran for appointment...

Just in: Senate approves Tinubu’s $2.2 bln loan request

The Senate on Thursday approved President Bola Tinubu’s loan request of $2.2...

Just in: Reps reject bill for six-year single tenure for president, governors

The House of Representatives rejected a constitutional amendment bill on Thursday seeking...

Just in: Simon Ekpa, four others arrested in Finland over terror-related activities

Finnish-Nigerian separatist agitator, Simon Ekpa, and four others have been arrested in...

Olopade assumes office as NSC DG, promises new lease of life for Nigerian sports

Bukola Olopade had assumed office as the Director General of the resuscitated...

Nigeria’s Super Falcons Ajibade, Nnadozie, Nominated for 2024 CAF Women’s Player of the Year

The Confederation of African Football (CAF) has announced the nominees for the...

Just in: FG sacks Nnamdi Azikiwe University VC

The Vice-Chancellor of Nnamdi Azikiwe University, Awka, Anambra State, Prof. Bernard Odoh,...

Senate raises alarm over fresh terrorists’ invasion from Mali, Burkina Faso, urges FG’s action 

Upset by the invasion of terrorists known as Lakurawa into Northern Nigeria...

Boko Haram/ISWAP terrorists’ ambush: Defence HQ confirms killing of 5 soldiers in Borno

The Defence Headquarters has confirmed that Boko Haram/ISWAP terrorists ambushed troops conducting...

Tinubu writes NASS for approval of $2.2bln fresh external loan

President Bola Tinubu has written to the National Assembly, seeking the approval...

NNPC Ltd’s spokesman, Soneye, explains delay in Port Harcourt Refinery rehabilitation, assures of imminent completion

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has acknowledged the challenges...

AFCON Qualifier: Nigeria’s Super Eagles Suffer Shocking 2-1 Loss to Rwanda

Nigeria’s Super Eagles concluded their Africa Cup of Nations Group D qualifiers...

Tax reform bills: Nigeria struggling with tax-to-GDP ratio below World Bank’s 15 % benchmark – Speaker Abbas

Mr. Tajudeen Abbas, the Speaker of the House of Representatives, has expressed...

Just in: Again, Anambra sit-at-home claims four vigilance operatives, motorcyclist

Gunmen enforcing Monday’s sit-at-home order in Anambra State launched a deadly attack,...

Tinubu departs Abuja for G20 leaders’ summit in Brazil

President Bola Tinubu will depart Abuja for Rio de Janeiro, Brazil, on...

Breaking: APC’s Aiyedatiwa in landslide victory, wins all 18 LGAs in Ondo guber poll

The All Progressives Congress Candidate, Gov. Lucky Aiyedatiwa, has swept the 2024...

Gusau Hails Edo Queens CAF Women’s Champions League Semifinal Feat

Nigeria Football Federation (NFF) President Ibrahim Musa Gusau has praised Edo Queens’...

Ondo guber poll: Aiyedatiwa votes, says exercise peaceful, PDP raises alarm over thugs invasion

As the Ondo State governorship election kicks off on Saturday, Gov. Lucky...

Exclusive: Super Eagles’ Road to Morocco 2025 was Turbulent—Team Coordinator

Nigeria’s Super Eagles secured their spot in the 2025 African Cup of...