Highlight

NSC Promises to Revolutionize Sports Funding, Creates Private Sector-Driven Ecosystem

"Olopade stated that the commission is focused on aggressively driving private sector funding, having already received positive feedback from key players in the private sector"

603

The National Sports Commission (NSC) has announced a significant shift in its approach to sports funding, vowing to never again provide training grants to athletes on the day of events.

According to Director General of NSC, Bukola Olopade, the grants will now be transferred in advance, starting with the most decorated Nigerian athletes, such as Ese Brume.

The NSC at the meeting with the Federation’s President and Secretary, said it aims to create a sports ecosystem that showcases its commitment to private sector involvement.

Olopade said the commission is focused on aggressively driving private sector funding, having already received positive feedback from key players in the private sector.

Olapade said: “Never again are we going to give training grants to athletes on the day of events; the grants for athletes will be transferred today, starting with the most decorated Nigerian athlete, Ese Brume.

“We intend to create a sports ecosystem where the private sector will understand that we are serious about what we are doing.

“We are focused on driving aggressively private sector funding. We have spoken to some key players in the private sector, and I can announce to you that we have gotten some positive feedback.”

NSC Chairman, Shehu Dikko, reiterated the commission’s vision, which aligns with the Presidential mandate.

Dikko noted the need to measure the contribution of sports to the economy and shift the focus from competition-based to grassroots development.

This new approach is expected to revolutionize the sports industry in Nigeria, creating a more sustainable and private sector-driven ecosystem.

Dikko said: “This fora is aimed at sharing our vision with you in line with the presidential mandate. Mr. President is one who is not shy of taking bold decisions as long as he believes that the decision is for the good of the system we are condemned to ensure that the presidential mandate for sports is fulfilled.

“We have to measure the contribution of sport to the economy; we have to reset our mentality from competition-based to grassroots development.”

Leave a comment

Related Articles

Nigerian Military Receives Major Boost from US Defense Shipment

The United States has delivered military supplies to Nigerian security agencies in...

CDS Oluyede Unveils Plans for Improved Salary, Welfare for Nigerian Military

Chief of Defence Staff (CDS) Gen. Olufemi Oluyede has announced a significant...

Missing ₦128bln: SERAP Demands Immediate Probe of Power Ministry, NBET

The Socio-Economic Rights and Accountability Project (SERAP) has called on President Bola...

Anthony Joshua: How driver saved his life before fatal crash

In a harrowing turn of events, former World Heavyweight Champion Anthony Joshua...

Canada Deports 366 Nigerians in 2025, 974 Now Face Removal

Driven by the fastest pace of immigration enforcement in ten years, Canada...

Fatal Crash: Anthony Joshua’s Driver Hauled Up in Court, Allegedly Drove Without Valid Licence

Adeniyi Mobolaji Kayode, the driver of the Lexus SUV involved in the...

Damilola Oni upbeat about 2026 as fans rally behind her

Nigerian actress Damilola Oni has stepped into the new year with renewed...

Vehicle Owners Get Reprieve as Police Again Suspend Tint Permit Enforcement

The Nigeria Police Force has announced a further suspension of the Tinted...

New Year’s Tragedy: Catholic Priest Slumps, Dies During Sermon

The Catholic community in Delta State is in mourning following the sudden...

Anthony Joshua Discharged from Hospital After Fatal Car Crash in Ogun

World heavyweight boxing champion Anthony Joshua has been discharged from the hospital...

From FIRS to NRS: New Logo, Pledges Improved Service

Zacch Adedeji, Chairman of the newly established Nigeria Revenue Service (NRS), has...

Ondo Scandal: Female Commissioner Allegedly Physically Assaults Female Magistrate

For allegedly physically assaulting a Chief Magistrate, Mrs.Temitope Alphonso, the Ondo State...

Lagos boat accident claims six lives, four rescued

A tragic boat accident along the Nigerdock axis of the Igbologun Water...

Just In: Heirs Energies Acquires 20% Stake in Seplat Energy for $500m

Heirs Energies, a leading indigenous integrated energy company, has acquired a 20.07%...

Nigeria’s Oil Production Drops to 1.599m Barrels Per Day

Nigeria’s oil output, including condensate, has declined by 5.9% year-on-year to 1.599...

Breaking: LP’s Peter Obi Publicly Announces His Membership of ADC

In a major political realignment, Peter Obi has formally parted ways with...

Nigerian Military Foils Suicide Attack, Arrests Bomber, Seizes 189 AK-47 Rifles

In a significant security breakthrough, troops from “Operation Hadin Kai” have arrested...

Gombe Road Accident Claims 7 Journalists

Seven journalists lost their lives in a tragic single-vehicle accident on Monday...

Governors, British Envoy Visit Anthony Joshua in Lagos Hospital After Fatal Crash

British Deputy Head of Mission, Simon Field, visited world heavyweight champion Anthony...

Nigeria’s Economy Remains Stable Amidst Counterterrorism Operation – Finance Minister Edun

Nigeria’s financial markets are holding strong despite the recent joint counterterrorism operation...