NFF Launches N5 billion ‘The Nigeria Football Fund’ With GTI Group

The Nigeria Football Federation has launched a groundbreaking deal with Investment bankers, GTI Group, which will greatly enhance sports development in the country reports Prime Business Africa.

Both organizations signed a N5 billion Memorandum of Understanding (MoU) in Lagos at a ceremony on Thursday presided over by former Lagos State Deputy Governor, Otunba Femi Pedro.

The event also witnessed the attendance of high-profile personalities in Nigerian sports and financial services industry.

In his speech, First Vice President, Nigeria Football Federation (NFF), Barrister Seyi Akinkunmi enumerated the many benefits of the agreement: “TNFF would herald a lot of greatness in the Nigerian sports industry with several multiplier effects on the economy, security and youth employment.

“TNFF will change the narrative in Nigerian sports through major investments, creative initiatives and maintenance of higher standards.”

GTI Group with its corporate headquarters in Lagos and a London office, has about eight subsidiaries.