The Nigeria Football Federation has earmarked $193m (N7.5bn) for total expenditure of the federation in the coming year, Sports Extra reports.
According to the communique of the meeting released by the NFF at the end of its Annual General Meeting in Benin on Tuesday, the football body approved the 2018 Financial Statement and proposed a new budget for 2020.
In the coming year, Nigeria will be involved in 2022 World Cup qualifying series and the 2021 Africa Cup of Nations qualifiers.
The NFF also expressed disappointment at the unimpressive outing of the U-17 and U-20 national teams in global championships this year, as well as the non-qualification of the Super Falcons and the U-23 men team for the Tokyo 2020 Olympics.
The football body however, unanimously resolved to put on hold Nigeria’s participation in international beach soccer tournaments until a creation and sustenance of a beach soccer league in the country, are met.
A five-man committee headed by the NFF’s second vice-Chairman Seyi Akinwunmi and including Shehu Dikko, Ahmed
Yusuf, Chief Anyansi-Agwu and Sanusi were put in place to determine the modalities and guidelines, and to encourage states wishing to launch full-steam beach soccer leagues and compete among themselves or internationally.
The NFF board also approved a fresh, five-year contract for the General Secretary, Mohammed Sanusi, with effect from January 1, 2020, while a four-year contract (with the first year being probationary) was approved for the Deputy General Secretary, Emmanuel Ikpeme.