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Nigerian Football

Nigerian Football Fund will speed up development, says GTI Group

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BY KUNLE SOLAJA.

The management of GTI Asset Management & Trust Limited, which has launched The Nigerian Football Fund (TNFF) on Wednesday threw light on the noble idea.

In an interactive session involving sports and business journalists, the company’s Executive Director on fund management, Nelson Ine explained that the project is the tonic that Nigerian football deserved to leapfrog into higher level.

Already, the GTI Group has set up a N5 billion football facility through the instrumentality of the capital market to mobilise private sector investments into football and other sports projects.

The facility is  tagged: ‘The Nigerian Football Fund (TNFF)’, is a collective investment scheme and mutual fund that combines the regular advantages of a mutual fund with unique propositions of a structured fund.

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The application list for the offer was opened about a year ago and it was resgisterd  by the Securities and Exchange Commission (SEC) as an open-ended fund. It is envisaged to fill the missing link in the development of Nigerian sports.

According to Nelson Ine, the N5 billion is being raised through an  initial public offering (IPO) of 5.0 billion units at a par value of N1.2 kobo per unit. The minimum subscription to the fund is 100,000 or N100,000 and thereafter in multiples of N100,000.

Ine explained further that when the project becomes fully operational, it will be yielding revenue to the point that a reversal in sports funding in Nigeria will occur.

Now sports bodies, especially the football clubs and the various association run to government for funding , but soon, the reverse will be the case.

He wondered why football as an entertainment cannot the same acclamation that music as part of the industry in Nigeria has attained worldwide.

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Right now, Nigerian musicians are well sought for in the world, taking over the earlier American dominance.

Nelson explained that football in Nigeria can do the same and only need the right tonic which the TNFF will be providing .

He described the scheme as a mutual fund that will enable Nigerians to invest in the football industry. He emphasised on investing as he pointed out that money put in the scheme is not regarded as donation.

“We are not sponsors of the Nigerian Football League, rather, we are strategic partners”, he said pointing out that the Nigerian professional football clubs will move from being financially loss oriented to ones that will generate returns.

“We are like burden-bearers on rescue mission of Nigerian football”, he emphasised. “The sports properties should not diminish. Rather they should grow”, he pointed out.

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Using the English Premier League as an example, Ine pointed out at the growth tragetory as the league over 30 years grew from a £192 million value to £10.5 billion in 2022.

He pointed at the changes that have happened in FIFA and IOC to support his assertions. Prior to the advent of Joao Havelange’s tenure in 1974, FIFA had no asset of note.

But the bunsinessman and business-oriented Havelange opened a new vista. Now FIFA is one of the richest international organisations in the world.

Ine also noted that the before Los Angeles Olympics in 1984, IOC frowned at ventures that are profit oriented. But the American changed that perception. So from a net worth of $250 million in 1984, the IOC worthed $7.6 billion as at 2021.

He believes if the right structures are put in place in Nigeria coupled with trusted corporate governance

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Kunle Solaja is the author of landmark books on sports and journalism as well as being a multiple award-winning journalist and editor of long standing. He is easily Nigeria’s foremost soccer diarist and Africa's most capped FIFA World Cup journalist, having attended all FIFA World Cup finals from Italia ’90 to Qatar 2022. He was honoured at the Qatar 2022 World Cup by FIFA and AIPS.

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Nigerian Football

African Schools Football Championship: NFF, UBEC commit to fruitful collaboration in win-win scenario

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 Gusau (right) with Bobboyi.

The Nigeria Football Federation and the Universal Basic Education Commission have agreed to a meaningful and fruitful collaboration that will see Nigeria challenging strongly for honours in the annual African Schools Football Championship and also compel sporting infrastructure renewal in Nigeria’s pre-tertiary educational institutions.

During a courtesy call on the Executive Secretary of UBEC, Dr. Hamid Bobboyi on Monday, President of NFF Ibrahim Musa Gusau explained that the annual competition can spur infrastructural upgrade in Nigeria’s primary and secondary schools, lead to discovery of talents even beyond the imaginable and assure Nigeria’s football future.

“The African Schools Football Championship is for U13 and U15 pupils, and is organized by CAF. There are so many benefits for the winning school, with a prize money of $1million that will be used to provide football infrastructure for that school. I see no reason why our schools should not compete strongly, as triumph for one school in the country will have a multiplier effect on other schools.

“We have come to UBEC because this matter falls squarely within its purview. Last year, the NFF worked with the Nigeria School Sports Federation to produce representative schools in the male and female categories to fly Nigeria’s flag, in our debut in the competition. However, we believe we should expand the scope and get more schools involved, to have a very strong representation and stand the chance of winning both trophies,” Gusau said.

He also disclosed that the NSSF has concluded plans to kick off the state preliminaries of the male and female competitions this month, with the WAFU-B Tournament scheduled for Niger Republic in November, at which the WAFU-B flagbearers for the continental finals will emerge.

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UBEC Executive Secretary, Dr. Bobboyi, praised the leadership of the NFF for the visit, and pledged the full co-operation of UBEC to the project. “Infrastructural deficit is a big challenge in our primary and junior secondary schools, and this project will definitely help to speed up our own efforts to restore the good old days of standard facilities and equipment in our schools.

“Since 2018, we have been making efforts to restore sporting infrastructure in our schools, by appealing to state governments and providing the equipment that we can. Many countries of the world specifically offer scholarships to athletes simply because of their sporting ability. Sports help children to develop physically and mentally, and we also must safeguard the future of sports by taking practical steps to unearth talents from the schools and the grassroots that can be nurtured for glory.”

Present as well at the occasion were NFF 1st Vice President, Chief Felix Anyansi-Agwu; General Secretary, Dr. Mohammed Sanusi; Engr. Sadiq Sa’ad (UBEC Director of Physical Planning); Ademola Olajire (NFF Director of Media & Communications; Okey Obi (NFF Director of Legal Services); Ruth David (NFF Director of Competitions); Dr. Funsho Usman (Secretary General, NSSF); Mrs Rose Medubi (Director, Academic Services); Mr. Osahon Igbinoba (Director, PRS); Alh. Adamu Misau (Director, Finance & Accounts); Mr. Paul Agi (Director, Admin & Supplies); Mr. Hashimu Ojah (Director, NSSF) and; Mrs Lydia Gbagyi (Desk Officer, Sports).

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Nigerian Football

“My name is Clemens Johannes Hendrikus Westerhof”

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My friend, now, you have my full name…

BY KUNLE SOLAJA, Arnhem, Netherlands.

Undoubtedly, the Greatest Of All Time (GOAT) coach in Nigeria, Clemens Westerhof, has a coaching credential that no coach in Nigeria either before his tenure or since 30 years ago that he left, has been able to match.

 He did not only qualify Nigeria for the World Cup for the first time, he is the only coach that took the national team to the podium thrice at the Africa Cup of Nation – winning in 1994 and making the first runners-up position in 1990 and third place in 1992.

 At the peak of his career in Nigeria, he took the Super Eagles to their topmost height of fifth ranked in the world.   Little wonder, his squad is being figuratively referred to as the ‘Golden Generation’ of the Nigeria national team.

 Last month marked two milestones of his 1,787-day tenure in the Super Eagles.

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First,  15 August marked the 35th anniversary of his being signed on by Nigeria and 27 August was the 35th anniversary of his debut.

 Sports Village Square travelled by air, speed train – the Nederlandse Spoorwegen (Dutch Sprinter train) and the German Deutsche Bahn,   to get to Arnhem, which is just 20 minute drive to Germany to get the now 84-year old football tactician who now lives quietly in his home town.

This book on Super Eagles is a delight to read, says Westerhof

In the course of narrating his tour of duty in Nigeria, he opened up on how he got the job, his relationship with football officials, the footballers, his trials and travails, his joy and sadness as well as how he  introduced the concept of official kits to the Nigerian national team.

He spoke of how he discovered local talents and moulded the raw gold materials to 18-carat special metals. Westerhof spoke about the Nigerian players that he groomed and the relationship they still have with him.

 Who is this man who is always passionately following all the football leagues of the world as his face is always glued to the television set.

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His wife, Lillian remarked Westerhof followed, almost with religious devotion, the Africa Cup of Nations 2023 in which Nigeria got to the final against the hosts, Cote d’Ivoire.

Even Westerhof’s wife displayed an uncanny knowledge of Nigerian football, mentioning names and giving details.

She said she once considered taking courses in football coaching as she has a husband who will add value to her.

One may wish to know Westerhof in detail.  He gave his full name which many may not have known. Clemens Johannes Hendrikus Westerhof tells his story to Sports Village Square, the way he never did to any other medium before now. Details later. 

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Nigerian Football

Former Super Eagles goalkeeper, Dele Aiyenugba returns to the classroom at NIS

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Dele Aiyenugba

Former Super Eagles and Enyimba of Aba goalkeeper Dele Aiyenugba  has been  co- opted to serve  as a resource person at the coaches training program at the National Institute for Sports (NIS).

The programme is a collaborative venture of both the NIS and the Lagos State Football Association. 

The training programme will start on 14 September 14th and run every Saturday for a month in the first module.

Aiyenugba, who last played for the Nigeria national team on 8 October 2011 in an Africa Cup of Nations qualifying match that ended 2-2 with Guinea, is  a product of the NIS.

He is expected to bring his wealth of experience to bear on the participants.

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Aiyenugba  will be speaking on Goalkeeping techniques, Goalkeeping training and  Goalkeeping safety.

Over 2,000 coaches in Lagos State are expected to be trained over a two year period.

With the Lagos State FA Chairman   Gafar Liameed affirming that  NIS certification  is now compulsory  for any coach that want to ply their trade  in Lagos State.

NIS Director General,  Professor Olawale Moronkola  is expected to declare the  training  opened.

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