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Sports Minister Blames NFF For Falcons Bonus Saga
Nigeria’s Minister of Youth and Sports, Solomon Dalung has blamed the Nigeria Football Federation’s handling of the delay in the payment of the Super Falcons’ entitlements after their triumph at the 2016 Africa Women’s Cup of Nations.
Dalung who declared open the 72nd Annual General Assembly of the NFF and did not mince words at the way the football house treated issues relating to request of funds from the federal government for competitions.
“It is worthy of mention that the delay in the payment of the Super Falcons entitlements which degenerated into a national embarrassment could have been averted if the NFF effectively managed the situation,” disclosed Dalung.
“The NFF has formed the habit of requesting for funds for its programme at very short notice and thereafter resort to blackmail to hasten the approval and release of such funds from government. We cannot continue to administer our football in this manner any longer.”
He however directed the NFF to submit its comprehensive programmes for 2017 to the Ministry of Youth and Sports by January with all requests for interventions for scrutiny and effective planning.
Dalung also raised dust regarding the alleged Fifa audit report which hinted that the NFF misappropriated $802,000 of the $1.1 million FIFA’s development grant and he has directed the football house to immediately furnish his office with detailed information of receipt and disbursement.
“I received a report from the NFF intimating me of the FIFA’s audit report which raised queries on the management of the $1.1 million FIFA’s development grant to the NFF. According to the report, FIFA withheld all development funds to Nigeria for lack of proper documentation of $802,000 out of the funds released to NFF. This is a very serious issue that must be given urgent attention to avoid another international embarrassment.
“To this end, the NFF is directed to immediately provide my office with detail information of receipt, disbursement and application of the FIFA development grant accordingly. In addition, a reputable audit firm should be appointed urgently to check the account books of the Federation to ensure that funds are judiciously expended. The audit report must be made public so as to promote transparency, build credibility and enhance your market value.”
Meanwhile, Nigeria’s women’s team have ended their sit-in protest at a hotel in Abuja after being paid money owed to them.
They were demanding US$23,650 per player from the Nigeria Football Federation (NFF) for winning the 2016 Women’s Africa Cup of Nations.
The Super Falcons had been at the hotel in the capital since 6 December.
“The players have all left the hotel in Abuja after they started receiving payments alerts,” the team’s media officer Remi Sulola told reporters
One of the players also confirmed that she and her roommate had been paid.
“It’s taken some time, [because banks don’t work over the weekend] but we’ve finally received our money today,” one player, who insisted on anonymity, told BBC Sport.
“We thank the government, the fans and media for their roles in making sure we got our hard-earned dues.”
To mark the 10th day of their complaint the team protested outside parliament in Abuja while the annual budget was being presented.
This led to the government releasing about US$1.2m to the cash-strapped NFF on Friday to pay the ladies.
Nigeria’s victory in Cameroon was their eighth African women’s title and means they have only twice failed to win the women’s championship since its inception in 1998.
The money was also used to settle outstanding win bonus for the men’s team in the 2018 World Cup qualifiers.
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Tinubu Hails NGX N100trn Milestones, Urges Nigerians To Invest Locally
President Bola Tinubu yesterday celebrated the Nigerian Exchange Group’s breakthrough into the N100tn market capitalisation threshold, saying Nigeria has moved from an ignored frontier market to a compelling investment destination.
Tinubu, in a statement signed by his Special Adviser on Information and Strategy, Bayo Onanuga, urged Nigerians to increase their investments in the domestic economy, expressing confidence that 2026 would deliver stronger returns as ongoing reforms take firmer root.
He noted that the NGX closed 2025 with a 51.19 per cent return, outperforming global indices such as the S&P 500 and FTSE 100, as well as several BRICS+ emerging markets, after recording 37.65 per cent in 2024.
“With the Nigerian Exchange crossing the historic N100tn market capitalisation mark, the country is witnessing the birth of a new economic reality and rejuvenation,” Tinubu said.
He attributed the stellar performance to Nigerian companies proving they can deliver strong investment returns across all sectors, from blue-chip industrials localising supply chains to banks demonstrating technological innovation.
The President added, “Year-to-date returns have significantly outpaced the S&P 500, the FTSE 100, and even many of our emerging-market peers in the BRICS+ group. Nigeria is no longer a frontier market to be ignored—it is now a compelling destination where value is being discovered.”
Tinubu disclosed that more indigenous energy firms, technology companies, telecoms operators and infrastructure firms are preparing to list on the exchange, a move he said would deepen market capitalisation and broaden economic participation.
He also cited what he described as a sustained decline in inflation over eight months—from 34.8 per cent in December 2024 to 14.45 per cent in November 2025—projecting that the rate would fall below 10 per cent before the end of 2026.
“Indeed, inflation is likely to fall below 10 per cent before the end of this year, leading to improved living standards and accelerated GDP growth. The year 2026 promises to be an epochal year for delivering prosperity to all Nigerians,” he said.
The President attributed the trend to monetary tightening, elimination of Ways and Means financing, and agricultural investments, which he said helped stabilise the naira and ease post-reform pressures.
Nigeria’s current account surplus reached $16bn in 2024, with the Central Bank projecting $18.81bn in 2026, reflecting a trade pattern shift toward exporting more and importing less locally-producible goods.
Non-oil exports jumped 48 per cent to N9.2tn by the third quarter of 2025, with African exports nearly doubling to N4.9tn. Manufacturing exports grew 67 per cent year-on-year in the second quarter.
Foreign reserves have crossed $45bn and are expected to breach $50 billion in the first quarter, giving the CBN ammunition to maintain currency stability and end the volatility that previously fuelled speculation, according to the President.
Tinubu also highlighted infrastructure expansion in rail networks, arterial roads, port revitalisation, and the Lagos-Calabar and Sokoto-Badagry superhighways, alongside improvements in healthcare facilities that are reducing medical tourism costs, and increased university research grants funded through the Nigeria Education Loan Fund.
“Our medicare facilities are improving, and medical tourism costs are declining. Our students benefit from the Nigeria Education Loan Fund, and universities are receiving increased research grants,” he said.
He described nation-building as a process requiring hard work, sacrifices, and citizen focus, pledging to continue working to build an egalitarian, transparent, and high-growth economy catalysed by historic tax and fiscal reforms that came into full implementation from January 1.
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RSG Kicks Off Armed Forces Remembrance Day ‘Morrow …Restates Commitment Towards Veterans’ Welfare
The Rivers State Government has reiterated its commitment towards the welfare of veterans, serving officers and widows of fallen officers in the State.
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?The Secretary to the Rivers State Government, Dr. Benibo Anabraba, in a statement by ?Head, Information and Public Relations Unit, SSG’s ?Office, ?Juliana Masi, stated this during the Central Planning meeting of the 2026 Armed Forces Remembrance Day in Port Harcourt, yesterday.
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?Anabraba thanked the Committee for their contributions to the success of the Emblem Appeal Fund Ceremony recently held in the State and called on them to double their efforts so that the State can record resounding success in the remaining activities.
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?According to him, the remembrance day events will begin with Jumaàt Prayers on Friday, 9th January at the Rivers State Central Mosque, Port Harcourt Township, while a Humanitarian Outreach/Family and Community Day will be hosted on Saturday, 10th January, by the wife of the governor, Lady Valerie Siminalayi Fubara, for widows and veterans.
?”On Sunday, 11th January, an Interdenominational Church Thanksgiving Service will hold at St. Cyprian Anglican Church, Port Harcourt Township while the Grand-finale Wreath- Laying Ceremony will hold on Thursday, 15th January at the Isaac Boro Park Cenotaph, Port Harcourt”, he said.
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?The SSG noted that one of the highlights of the events is the laying of wreaths by Governor Siminalayi Fubara and Heads of the Security Agencies.
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Fubara Redeploys Green As Commissioner For Justice
The Governor of Rivers State, Sir Siminalayi Fubara, has approved a minor cabinet reshuffle in the State Executive Council.
Under the new disposition, Barrister Christopher Green, who until now served as Commissioner for Sports, has been redeployed to the Ministry of Justice as the Honourable Attorney General and Commissioner for Justice.
This is contained in an official statement signed by Dr. Honour Sirawoo, Permanent Secretary, Ministry of Information and Communications.
According to the statement, Barrister Green will also continue to coordinate the activities of the Ministry of Sports pending the appointment of a substantive Commissioner to oversee the ministry.
The redeployment, which takes immediate effect, was approved at the last State Executive Council meeting for the year 2025, underscoring the Governor’s commitment to strengthening governance, ensuring continuity in service delivery, and optimising the performance of key ministries within the state.
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