The N100 million approved for each member of the world-champion Flamingos, including players, technical crew and administrators, will be placed in five-year Federal Government instruments rather than paid in cash.
The National Sports Commission announced the arrangement after a presidential reception honouring the team, which returned to Abuja on Monday, 9 November. Officials argued the structure protects the players’ long-term finances, though some fans questioned why the money is not simply paid out.
Source: Voice of Nigeria