FIFA to give NFF N33.2bn for football development

FIFA to give NFF N33.2bn for football development

FIFA to give NFF N33.2bn for football development

The Nigeria Football Federation, NFF, is on course for a whopping $25 million (about N33,249,500,000.00) from world football governing body, FIFA if President Gianni Infantino’s proposal is approved at FIFA’s Council in Zürich, Switzerland.

According to reports, FIFA is set to propose a $3.4bn (£2.6bn) increase in the amount of money it hands out for football development across the world. The money is said to be from FIFA reserves in a move that would double the level of planned distribution funding for 2027-2030.

The proposal comes at a time when the organisation is under pressure following president Gianni Infantino’s aborted FIFA Forward Enterprise (FFE) plan.

FIFA is now offering extra money from its reserves in addition to the current $2.7bn budgeted to be paid to all 211 member associations, the confederations, regional associations and certain non-FIFA affiliated associations.

According to the breakdown, member association, including Nigeria, is proposed to receive the sum of $25m, $99m for each of the six confederations, $8.25m for each of the 13 zonal/regional associations for travel and equipment solidarity and $1.1m for 100 member associations for travel and equipment solidarity

The terms of the distribution, according to the proposal would be one third would be allocated to women’s and youth football development, one third allocated to infrastructure (of which there shall be equal access to women’s and youth football and another one third to be allocated to projects.

The plan, including the eligibility, application, approval, disbursement, control and audit requirements, will be finalised by the FIFA council at its next meeting in December 2026. The proposals would be subject to approval by the 77th FIFA congress in March 2027.

Vanguard News

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