Fédération Internationale de Football Association (FIFA) has approved a $1million grant to the Nigerian Football Federation (NFF) “to protect and restart its football”.
This is part of FIFA’s $1.5bn groundbreaking COVID-19 relief plan to its member associations across the globe which the bureau of the body approved on Wednesday, July 29.
FIFA disclosed this in a statement issued on Wednesday. According to the statement, the NFF led by Amaju Pinnick can also access interest-free loans of up to $5m.
The statement also added, “Each member association would receive an additional $500,000 grant for women’s football during the plan’s third phase. Each of the six football confederations will also receive a grant of $2m.”
The massive spending plan aims to help men and women’s professional football, as well as youth and grassroots football through a system of grants and loans.
FIFA president Gianni Infantino said, “This relief plan is a great example of football’s solidarity and commitment in such unprecedented times. I would like to thank my colleagues of the Bureau of the Council for approving the decision to move forward with such an important initiative for the benefit of all member associations and confederations.”
According to FIFA, the funds would be made available by January 2021.