President Bola Tinubu has awarded federal government savings bonds worth N100 million to each Flamingos player following Nigeria’s FIFA U-17 Women’s World Cup victory.
First Lady Oluremi Tinubu announced the rewards while representing the president at a reception for the players and officials in Abuja on Wednesday.
The players’ awards are investments rather than immediate cash payments. National Sports Commission Chairman Shehu Dikko said the arrangement was intended to protect the young footballers’ long-term interests.
Dikko said the investment would run for five years, with returns supporting the players’ education and training before they could decide how to use the principal on maturity.
Nigeria became the first African team to win the tournament after beating Japan 2-1 in Saturday’s final. The reception followed the team’s return to Abuja on Monday.
The reports do not specify when the savings certificates will be issued to the players.
Sources: Presidency’s victory statement; Punch; Vanguard; Channels Television
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