The Minister of Youth and Sports Development, Sunday Dare, has ordered payment of funds into the accounts of Nigerian athletes to cushion the effect of the coronavirus pandemic.
According to a statement from the media office of the minister, the payments were made from the N10m donation by the Chairman of Remo Stars, Kunle Soname, and the N1m from an unnamed Nigerian as take-off of the athletes’ relief fund.
The statement said, “The sum of N50,000 is being paid into the direct account of each of the athletes from the Central Bank of Nigeria account of the Ministry of Youth and Sports Development.
“It would be recalled that the minister had floated a relief fund for the athletes whose sources of earnings had ceased as a result of the pandemic, following the suspension of all major sporting events in the world.
“The World Athletics Governing body two days ago also took a cue from the Nigerian example by floating a $500m appeal trust fund to assist athletes in the wake of the suspension of major sporting events around the world.”