Sports
Pillars Pocket N15m From NPFL Title
Nigeria champions Kano
Pillars is expected to receive a cash prize of 15 million Naira (less than $100,000) for winning the 2013/2014 Nigeria Professional Football League (NPFL).
This is a 50% increase from the 10 million Naira they earned last season as champions.
The League Management Company (LMC) announced on its official website of 50% increase in Premier League annual Merit Distribution Award.
This means the 20 clubs who featured in the Nigeria top flight league this season will share 75 million Naira as against 50 million Naira they shared last term from the Financial Merit award.
The merit award represents cash earnings shared to the 20 clubs in the Nigeria Professional Football League (NPFL) sponsored by Globacom Limited in accordance with their placing on the final league table ratified by the league body.
LMC chairman, Nduka Irabor, who announced the new award value, said the increment was connected to uninterrupted league season.
”We have enjoyed the continued loyalty and support of our partners and we definitely will generate more revenue to further raise the Financial Merit Award if peace and compliance to regulation is observed by all stakeholders,” he said.
”It is only under such a conducive atmosphere that the league will attract potential sponsors from corporate Nigeria and even beyond our shores to exploit the investment opportunities in our football.”
He added:”Last season, we had a pool of N50m from where clubs shared based on their final placement on the log, but this season, the share-out is N75m representing 50% increase across all positions.
”It therefore means that any club that improved on its position last season will receive even higher than 50%.”
Irabor said this much when he noted a further breakdown of the Merit Award Distribution shows that the first runner-up will smile to the bank with N11.25m, while the third-placed team gets N7.5m.
And whereas the least placed club got N1m last season, the earning this season is N1.5m, the breakdown further showed.
”The Financial Merit Award, apart from being a financial incentive to the clubs also aims to encourage competitive spirit amongst the clubs also seeks to raise the quality of our clubs’ performances. It is consistent with our stated policy to make the Clubs benefit from sponsorship revenue according to their performance in the season,” explained the LMC chairman.
The breakdown shows that the top 10 teams would be sharing N56.025 million, while the lower 10 clubs would share just N18, 975, 000 which is less than 25% of the total Merit Distribution.
The distribution order shows that the 4th placed team will receive N3.75m while N3.15m, N2.925M and N2.85m will go to the fifth, sixth and seventh placed teams. Others are N2.775m, N2.7m, N2.625m and N2.55m for the 8th, 9th, 10th and 11th placed clubs.
A further breakdown shows that N2.475m, N2.4m, N2.25m and N2.1m will be received by the 12th, 13th, 14th and 15th placed clubs while from 16th to 19th will receive N1.95m, N1.875m, N1.8m and N1.575m respectively.
All payments will be made immediately after the NFF Congress ratifies the season’s placement.
Sports
CAFCL: Finidi Laud Players Over Impressive Performance
Sports
Umuahia Hosts Africa Para- Badminton Championship
The championship will run from today to October 12 at the International Conference Centre, Umuahia. On the ground for the championship are athletes from Brazil, Peru, Egypt, Cameroon, Tunisia, Nigeria, Mauritius and Rwanda. They arrived on Sunday.
Some of the other countries were expected in the Abia State capital yesterday. Speaking on the championship, yesterday, Abia State Commissioner for Youth and Sports Development, Nwobilor Ananaba, said the chief host, Governor Alex Otti, has mobilised facilities and the personnel to ensure a successful event.
Speaking through the Special Assistant to the Governor on Sports, Raymond Chima Ukwa, said: “We have the best mats, playing mats, especially the wheelchair playing mats, which is the first of its kind in West Africa.
“If you go around, you’ll see the hall and the preparation that has been made to ensure that people have an equitable world-class playing field.” Thrilled by Governor Otti’s support for the competition, Badminton Federation of Nigeria (BFN) President, Francis Orbih, said that, besides making all the necessary arrangements that will ensure a successful hosting of the events, “we will have a Para-Badminton workshop for coaches and players.
“Nigeria is doing well, Abia is doing well, and we want to do better to improve on where we are, which is why all these have been put together by Governor Otti.”
Sports
FIFA U20: Flying Eagles Narrowly Loss to Norway
Nigeria’s Flying Eagles began their campaign at the 24th FIFA U20 World Cup with a narrow 1–0 loss to Norway on Monday, despite creating several opportunities to level the game.
Norway took the lead in the 9th minute after being awarded a controversial penalty. The Flying Eagles pressed for an equaliser but were denied two penalty claims in the second half.
Kparobo Arierhi came close in the 47th minute when his shot drifted wide with the goalkeeper beaten, while Tahir Maigana struck the upright in the 63rd minute.
Nasiru Salihu’s rising effort in the 71st minute also went narrowly over the bar, drawing gasps from the crowd.
Seven minutes from time, Maigana again tested Norway with a long-range strike that went just wide as Nigeria continued to pile on the pressure.
Despite their dominance, the Flying Eagles could not find the breakthrough and now turn their attention to Thursday’s clash against Saudi Arabia in their second group match.
-
Oil & Energy2 days ago
We Are Elevated Through Plethora Of Projects —- Obagi HCDT Board … As Senator Attributes Success To PIA
-
Business2 days ago
NCAA Certifies Elin Group Aircraft Maintenance
-
Sports9 hours ago
CAFCL: Finidi Laud Players Over Impressive Performance
-
Maritime2 days ago
Customs To Scan 200 Containers Per Hour At Apapa Port
-
Rivers2 days ago
ECOWAS Parliament Adopts AI In Lawmaking
-
News2 days ago
NIGERIA AT 65: FUBARA HARPS ON UNITY, PEACE
-
Opinion2 days ago
184 Days of the Locust in Rivers State
-
News2 days ago
FG moves to avert fuel supply crisis, promises stability