Sports

Okpekpe Road Racers Chase N60million Prize Money

 

A total prize purse of over N60million will be on offer at the eighth World Athletics Elite Label Okpekpe International 10km road race this Saturday in Okpekpe near Auchi in Edo State after organisers announced an unchanged prize money outlay on the event’s website, www.okpekperoadrace.com.

In the outlay, a total of $103,000 is on offer as prize money to the top eight finishers in the men and women’s elite race with the winner in each gender category going home with $20,000 while $13,000, $9,000, $6,500 and $3,000 respectively will go to the second, third, fourth and fifth placed finishers.

Organisers also announced an unchanged prize money outlay for Nigerian runners at the race.

The first placed finishers in both the men and women race will go home with N1, 000,000 while the second to the fifth placed finishers will get N600, 000, N400, 000, N250, 000 and N150, 000 respectively.

“The prize money on offer at the Okpekpe race is clearly more than the minimum gross guaranteed prize money specified in World Athletics’ road race regulations,” said Zack Amodu, the race director who revealed that payment of prize money and bonuses is dependent upon athletes clearing the usual anti-doping procedures.

“Athletes running for the prize money on offer must also achieve a level of performance before they can redeem their respective prizes.

”For example, to qualify for the $20,000 top prize for the elite runners, the athletes must run 28:35.00 minutes or better for the men and 32:41.00 minutes for the women.

“For the Nigerian category, the winners must run 29:04.00 minutes or better for men and 34:05.01 minutes for the women’s race,” he added.

Amodu also revealed that only the top five finishers would benefit from the prize money on offer unlike in previous editions where the top eight finishers were captured.

“We are sticking strictly with World Athletics standard as specified in the new road race regulations which came into force last November,” explained Amodu.

Nigerian athletes who finish in the top five in each gender category will share in both the prize money for the elite athletes and also that reserved for Nigerians.

The Okpekpe international 10km road race is the first road race in Nigeria nay West Africa to be granted a label status by World Athletics.

Izuchukwu Okosi

Izuchukwu Okosi is a Nigerian sports and entertainment journalist with two decades of experience in the media industry having begun his media journey in 2002 as an intern at Mundial Sports International (MSI) and Africa Independent Television (AIT), owners of Daar Communications Plc. In October 2004, Okosi joined Complete Communications Limited, publishers of Complete Sports newspaper and Complete Football magazine as a reporter and later script writer for the Complete Sports studio. He worked there for 13 years until October 2017. Okosi also worked various times as Correspondent, Content creator and Editor at Sports Market International Magazine, Opera News, All Nigeria Soccer Media and Iconic Media Watch. He also undertook freelance writing gigs for some local and international organizations. Okosi is a member of the Actors Guild of Nigeria (AGN), Association of Movie Producers (AMP), Association of Voiceover Artistes of Nigeria (AVOA), Sports Writers Association of Nigeria (SWAN) and Nigeria Union of Journalists (NUJ). He has been part of cast in some Nollywood movies and radio dramas including Blood Money 2, Scores To Settle, Dead End 2, Another Campus Tale and Battle Line. Aside mainstream media and the entertainment industry, he has interests in scouting/unearthing of talents in the sports and creative sectors, exports business and property development.

Recent Posts

Anambra Farmers Worry Over Prolonged Lack Of Rainfall

Farmers in some parts of Anambra State have expressed concerns about the lack of rainfall… Read More

38 mins ago

Bitcoin, Ethereum Prices Rebound Following Interest Rate Uncertainty In U.S.

After a turbulent week characterized by speculative activity before a crucial Federal Reserve meeting and… Read More

1 hour ago

Ex-Anambra Police Commissioner, Adeoye, Denies Abuse Of Office Allegations

Immediate past Commissioner of Police, Anambra State, CP Aderemi Adeoye, has denied allegations of abuse… Read More

1 hour ago

Lagos-Calabar Coastal Road: I Insist That Our Resources Be Used Judiciously, Obi Replies Umahi

Mr Peter Obi, has reiterated his position on the Lagos-Calabar coastal road construction project, maintaining… Read More

3 hours ago

CBN, Fintechs And Money Laundering

An important development that occurred in the financial services industry the other week went largely… Read More

5 hours ago

UBA Empowers 400  Youths Across Africa Through Graduate Programme

Africa’s Global Bank, United Bank for Africa (UBA), has empowered 398 young Africans through its… Read More

5 hours ago

This website uses cookies.