The Nigeria Football Federation, NFF, is set to observe a financial straitjacket in light of the crippling effects of the novel pandemic, COVID-19.
This much ACLSports.com can report following a communique made available to YourSportsMemo after the NFF’s Executive Meeting held via a video conference on Friday.
According to the release, the nation’s football governing body, in response to the damaging effects of COVID-19, is set to tighten its purse-string by enforcing a cut down on expenses that will ensure the Federation operates within a ‘guaranteed revenue’.
This revenue is expected to come from a revised budget from realistic projections derivable from its partners, sponsors and new figures from probable subvention from government and grants from CAF and FIFA.
“In line with these new realities (revised budget), the President and General Secretary are mandated to cut down expenses from all areas possible and enforce belt-tightening measures in the running of the Federation, to ensure the Federation operates only within the framework of guaranteed revenue, ” the communique stated.
However, the NFF added that it will prioritise programs and competitions with the senior national teams given the utmost priority.
“The Federation will prioritize programs, activities and competitions in which to partake, with the engagement of the senior teams being the fulcrum, ” it added.
Meanwhile, in a related development, the NFF/Zenith Bank Future Eagles Championship, which has been completed at state level (with some zones having also completed their competitions) is expected to run its full course immediately after the COVID-19 and resumption of football activities.
While the NFF will create windows for the various stages of the AITEO Cup competition to run its full course in order for Nigeria to register her representatives for next season’s CAF Confederation Cup competition.
Some of the faces in attendance were the NFF President, Amaju Melvin Pinnick, Seyi Akinwunmi (1st Vice President); Shehu Dikko (2nd Vice President); and top Women football administrator, Aisha Falode.