Olympics 2024: FG Approves N12bn For Team Nigeria

The Federal Government of Nigeria has approved a disbursement of N12bn for Team Nigeria’s preparation and participation in the 2024 Paris Olympics and Paralympics.

This was made known by the Minister of Sports Development, Senator John Enoh.

According to the Minister, the approval by the President and House of Representatives practically demonstrates and justify why a separate ministry for sports development was created.

He said, “It is not as if everything has been done but I think that every request that has been made to fund our competitions, for that is what we have done so far, to fund our preparation and participation in competitions, has been approved by Mr. President. We commend and thank him.”

“I immediately remarked that the entire sum is going to the athletes. We will look at various allowances, and how we can increase the various sums by the amount of money approved by the House of Representatives.

“It is not going into preparations for the games. When I visit the camp in Germany, I will announce this to the athletes to motivate them,” he said.

In addition, the Minister said the House of Representatives also has graciously approved N100m as support for Team Nigeria’s participation in the Paris Olympics.

The 2024 Olympic Games will commence on Friday, July 26 to Sunday, August 11 in Paris, France.