FIFA Stops Grant To NFF Over “Traces of Corruption”
The world governing body for football, Fédération Internationale de Football Association (FIFA), has made a decision to stop their annual developmental grant to the Nigeria Football Federation (NFF), because they found “traces of corruption” in how previous grants have been spent.
The football governing body has also issued a final warning to the Nigeria Football Federation to straighten their financial records.
FIFA gives a yearly grant to football associations of its member countries to help in the development of the game from the grassroot level and also to use as incentives in encouraging the game but the NFF has fallen foul of FIFA statutes when it comes to management of the grant.
FIFA at the moment gives Nigeria a total of $1.5 million annually which amounts to over N700 million.
A query was sent by FIFA to the NFF which left Minister of Sports, Solomon Dalung, obviously angry when he attended the annual general meeting of the NFF.
Annual grants to FIFA member-associations including Nigeria have been increased under new president, Gianni Infantino with $1.2million and $1.5million given to each Football association when they previously received about $250,000 annually.