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Revealed! NFF Pockets N198Million, Shares N90Million for CHAN Eagles, Coaches

Super Eagles, Nigeria

A total of N90Million has been designated to be shared among the Super Eagles B, (Players & Coaching Crew) for the just concluded Africa-Nations Championship (CHAN) hosted by Morocco.

The Nigeria Football Federation (NFF) coughed out the N90Million from the $750,000 prize money the Super Eagles B, earned after emerging the first runner of the just concluded 5th edition of the African Nations Championships (CHAN) in Morocco.

The $750,000 prize money is about N252, 000, 000; 00k were converted to Nigeria’s currency and the N90Million is about 30% of the staggering sum.

Meanwhile, Nigeria also got a participation fee of $100,000 from this year’s edition – which is about N36 Million when converted to the country’s currency – alongside all the 16 participating countries.

Morocco, which hosted and emerged the winner, pocketed a staggering US$2.5 million in prize money, which represents a 67% increase from $750,000 awarded to winners of the previous editions.

 Nigeria, which emerged the first runners-up, walked away with $700,000, a 75 per cent increase from $400,000, while the semi-finalist took home $400,000, an increase of up to 60 per cent.

 The increase in prize money came months after the Confederation of African Football (CAF) signed a sponsorship agreement with French oil giants, Total.

A Nigeria FA officials had confirmed the payment will be made as promised the team.

” This is besides the match bonuses they have received for going all the way to the championship game in Morocco.”

The Eagles are due to arrive Lagos early on Tuesday morning via a direct flight from Casablanca.

The Eagles will also be hosted by the Lagos State Government when they arrive the Country from Morocco.

Nigeria Coach, Salisu Yusuf has attributed his team’s capitulation in the final of the CHAN against Morocco to the injuries to key players.

Nigeria lost in the CHAN 2018 final to Morocco 4-0, but the team had impressed – progressing beyond the semi-final for the first time in three editions.

The Super Eagles B, managed only one shot on target in the game and played with 10-men for 42 minutes after defender Moses Eneji was sent off in the second-half with the scoreline at 1-0 at the time.

In his post-match presser, Yusuf credited Morocco as worthy winners and added that the red card to his team also didn’t help the side.

However, a cross-section of Nigerian football enthusiasts on Monday hailed the home-based Super Eagles for their performance at the 2018 African Nations Championship (CHAN), saying the players surpassed their expectations.

They said while the Eagles were defeated convincingly in the match, they deserved commendation for their overall performance.

Tunde Popoola, the Secretary-General of Nigeria Olympic Committee (NOC), said the Super Eagles surpassed his expectations and against all odds, adding that they were already “winners’’ even before Sunday’s match.

“These CHAN Eagles have truly exemplified the Nigerian spirit — never acknowledging defeat even in the face of it.

“The equaliser against Angola, which came in the second minute of added time in the quarter-finals, showed this. Their resilience with 10 men against Sudan in the semi-finals magnified this and it had to take something special to defeat the Sudanese.

“They had lost key players like their inspirational goalkeeper and captain Ikechukwu Ezenwa, Sunday Faleye, Ifeanyi Ifeanyi, among others, coming into the final and so it was always going to be a difficult game for the Eagles.

“To be honest, even though I would have been happier if they had won the tournament, I didn’t expect anything much from the team in the final because I was already satisfied with what they had achieved so far,” he said.

The Chairman, FCT Football Association, Musa Talle, said so many factors militated against the Super Eagles, but their courage and passion to succeed against all odds were highly commendable.

“Their preparation before the tournament was below par compared to their counterparts and so much was not expected of them.

“But they defied all odds to reach Nigeria’s first-ever final at the championship and this to me is highly commendable,” he said.

Talle, however, said the final match against the hosts was a “no-contest’’, noting that everything went in favour of the Atlas Lions.

He said the Moroccans were better prepared and more familiar with the pitch where they had played all their matches.

“Coming against the hosts was never going to be easy, especially with the 12th man (the crowd) who were raucous as the stadium was painted red. That is North African football passion for you.

“There were lasers being flashed from different corners into the eyes of the players, and the referee as well as our boys were under pressure.

“Even the weather didn’t help our cause as it was entirely different from what our boys were used to. The rain kept pouring down and made it difficult for the Eagles to play their game on a soaked and slippery pitch.

“It, however, fitted well with the Atlas Lions’ style of play who were more familiar with the terrain as they punished every defensive error made by the Eagles.

“Also, the loss of Peter Moses in the early part of the second half made the matter worse as the hosts made the most of their numerical advantage,” Talle said.

An ex-international, Emmanuel Babayaro, said the overall performance of the team was commendable, adding that some of the home-based players showed that they deserve a place in the World Cup squad.

“I celebrate the lads. I’m not happy with the final scoreline, but I understand misfortune played a part, and ineptitude too.

“But, then, there are a lot of positives to take out from the championship. It was our best ever CHAN outing and we can build on this achievement.’’

Babayaro, who was a former national goalkeeper, also noted that the two goalkeepers at the tournament performed relatively well.

Succinct to also note that as part of the increment deal, the CAF Champions League, which previously had $1.5 million prize money, now onwards will use $2.5 million through 2020, while CAF Confederation Cup will have an increase of almost 90% with the winners taking a total of US$1.25 million against $660,000 previously won.

The CHAN 2016 edition, hosted in Rwanda, saw Amavubi, who reached the quarter-finals, pocket $175,000, a position that now fetch $300,000.

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Just In : Tinubu honours triumphant Super Falcons with national honours, $100,000 cash each

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President Bola Tinubu has bestowed the national honour of Officer of the Order of the Niger, on the Super Falcons and the entire technical crew.

He also allocated three-bedroom apartments in Abuja to each of the players and the technical crew at the Renewed Hope Estate.

The President also directed the cash award of the naira equivalent of $100,000 each of the 24 players and $50,000 to each of the 11-man technical crew.

This came during a reception in honour of the players and the coaching crew at the Presidential Villa, Abuja.

He said, “I hereby conferred on the players, the 11 man technical team with national honours of the Officer of the Order of the Niger.

“Additionally, I have I directed the allocation of three bedroom apartments in the Renewed Hope Housing Scheme.

“Then there is the cash award of the naira equivalent of $100,000 US dollars each 24 players and the naira equivalent of $50,000 to the 11-man technical crew.”

The President also said he didn’t want to watch the WAFCON final because he didn’t want to have high blood pressure.

Earlier, the President and the First Lady, Senator Oluremi Tinubu, received the Super Falcons at the Presidential Villa on Monday, following their record victory at the 2025 Women’s Africa Cup of Nations in Morocco on Saturday.

The coaster buses conveying the players and coaching crew arrived at the forecourt of the Aso Rock shortly before 04:36 p.m. local time.

The Super Falcons, 10-time African champions after their 3-2 comeback over the Atlas Lionesses Morocco, were received by the President’s Chief of Staff, Femi Gbajabiamila, upon their arrival.

In a post-match video call on Saturday night, President Tinubu praised captain and tournament MVP Rasheedat Ajibade.

He also praised Nigeria’s rally from a 2-0 half-time deficit to claim the WAFCON title.

Over the past decade, the Super Falcons have won four Women’s Africa Cup of Nations titles in 2014, 2016, 2018, and 2024, bringing their total to 10

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BREAKING: Nigeria win 10th WAFCON title with dramatic comeback against Morocco

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The Super Falcons emerged champions of the 2024 Women’s Africa Cup of Nations (WAFCON) after pulling off a stunning second-half comeback to defeat hosts Morocco in a pulsating final.

The Moroccans had taken a 2-0 lead in the first half, capitalizing on early momentum and a roaring home crowd at the Prince Moulay Abdellah Stadium in Rabat.

But the Nigerians, showing the grit and pedigree that has made them the most successful team in the tournament’s history, roared back after the break.

WAFCON final: Oramah FC chairman pledges ₦500,000 per goal to Super Falcons
First Lady rallies Super Falcons to victory in WAFCON final
A spirited second-half display saw the Super Falcons flip the script in dramatic fashion, scoring twice to silence the home fans and reclaim the continental crown.

With this victory, Nigeria completes the 10th WAFCON title

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Tinubu moves to resolve ₦4trn power sector debt, Says Onanuga

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President Tinubu audience with Chairmen of Power Generation Companies in Nigeria held at the Presidential Villa Abuja yesterday

•From left: Managing Director, Sahara Group, Kola Adesina; Chairman, Heirs Holdings, Tony Elumelu; Chairman Association of Power Generation Companies, Col. Sani Bello (rtd); President Bola Ahmed Tinubu; Chief of Staff to the President, Femi Gbajabiamila; and president Tinubu audience with Chairmen of Power Generation Companies in Nigeria held at the Presidential Villa Abuja yesterday

Appeals for patience from GENCOs
Okays bond programme, promises transparency in verification process
President Bola Ahmed Tinubu has assured power generation companies (GENCOs) of his administration’s commitment to resolving the over ₦4 trillion in longstanding debts owed to them, pledging transparency and fairness in verifying the claims while appealing for patience.

The President gave this assurance during a high-level meeting with members of the Association of Power Generation Companies, led by retired Colonel Sani Bello, at the Presidential Villa yesterday.

According to a statement issued by his Special Adviser on Information and Strategy, Mr Bayo Onanuga, the President acknowledged the gravity of the sector’s liquidity crisis and promised that the federal government would not shirk from its inherited obligations.

“I accept the assets and liabilities of my predecessors, and there is no question about that. But that acceptance must be on credible grounds. I need to wear the audit cap of verifiability, authenticity, and the fact that this inheritance is not a mere deodorant but a support structure for critical economic and industrial promotion,” President Tinubu said.

The President appealed to the GENCOs and their financial backers to give the government time to complete verification and validation of the debts, stating, “we are here. So market it to your other colleagues. Give us time to do verification and validation of the numbers.”

Reaffirming his commitment to a market-led electricity sector, Tinubu emphasised that historical challenges, long left unresolved, are now receiving active attention.

“This is a longstanding issue that is now being dealt with,” he said, referencing the government’s broader reform drive that includes eliminating fuel subsidies and promoting Compressed Natural Gas (CNG) alternatives.

The President also called for restraint from the financial sector regarding asset foreclosures against the GENCOs.

“To our friends in the banking sector, I ask that we avoid foreclosures. Sharpen your pencils, but keep an eraser handy. Let’s persevere together,” he urged.

In her briefing, the Special Adviser to the President on Energy, Mrs. Olu Verheijen, disclosed that a ₦4 trillion bond programme had received anticipatory approval from the President to tackle the liquidity shortfall in the sector.

However, she cautioned that only verified and legitimate debts would be accommodated.

Read Also: Education under Renewed Hope Agenda undergoing transformation – Shettima

“As of April 2025, the total exposure that we are carrying at the moment is ₦4 trillion. This is subject to downward revision pending final validation. Only amounts that the federal government validly owes are the things that will make it into the issuance by the DMO”, Verheijen said.

She attributed the massive debt pile-up to a combination of unfunded tariff shortfalls and market deficiencies that have built up since 2015.

Of the ₦4 trillion claimed by 27 GENCOs, the Nigerian Bulk Electricity Trading Company (NBET) has validated ₦1.8 trillion so far.

Highlighting the administration’s strides in power sector reform, Minister of Power, Chief Adebayo Adelabu, lauded the President for his hands-on approach and leadership.

“Your presence at this meeting is a clear testament to your unwavering commitment to the sustainability, stability, and long-term development of Nigeria’s power sector,” Adelabu said.

He noted that since President Tinubu took office, the administration has signed into law the Electricity Act, 2023—decentralising the power sector—and launched Nigeria’s first Integrated National Electricity Policy in 24 years.

Adelabu said reforms have boosted investor confidence, attracted over $2 billion in new private capital, and improved annual revenue collection by 70 percent—from ₦1 trillion in 2023 to ₦1.7 trillion in 2024—thereby reducing government subsidy obligations by over ₦700 billion.

On capacity expansion, he reported that installed generation capacity has grown from 13,000 MW to 14,000 MW, with a record 5,801 MW peak generation and a maximum daily energy delivery of 120,370 MWh recorded on March 4, 2025.

No grid collapse has occurred in 2025, he added.

He further disclosed progress in narrowing Nigeria’s metering gap through the ₦700 billion Presidential Metering Initiative and the World Bank-backed DISREP, which has so far delivered 300,000 of the 3.45 million smart meters procured.

Despite the reforms, Adelabu warned that the liquidity crisis remains a major threat, saying “Mr. President, given the grave implications of this debt overhang, including the risk of a nationwide shutdown of generation assets, I humbly seek your immediate support for defraying these obligations, even if partially, over a defined period.”

In their separate interventions, leading business figures Tony Elumelu and Kola Adesina echoed calls for urgent relief, citing the dire financial state of GENCOs and the need to unlock gas supply to sustain operations.

“Mr. President, we’ve come to you as a last hope. The generating companies are heavily indebted to banks, and foreclosure threats are real, not because we’re not doing our jobs, but because the system owes us trillions,” Elumelu said.

He commended President Tinubu for restoring stability in oil production and banking, saying, “before you took office in 2023, we lost 97% of our daily oil production. Today, we are retaining 98%. That’s transformation.”

On the energy crisis, Elumelu said “we don’t need power to complete your transformation—we need power to enable it. Power is critical to unlocking Nigeria’s full potential.”

Adesina, for his part, stressed that “liquidity is the oxygen of our business,” warning that generation output could stall without urgent intervention.

He proposed leveraging Nigeria LNG to unlock 800 million cubic feet of gas to boost supply to underperforming power plants, especially those in the Afam axis.

The meeting was attended by key cabinet members and officials, including the Chief of Staff to the President, Femi Gbajabiamila; Coordinating Minister of the Economy and Minister of Finance, Mr. Wale Edun; Minister of Information and National Orientation, Alhaji Mohammed Idris; as well as regulatory authorities and major power sector stakeholders.

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