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NFF reveal how $800k FIFA grant was spent

by SoccerNet Editor
November 30, 2018
in News
0

The Nigeria Football Federation (NFF) on Friday said it was not averse to the planned audit of its books, while also providing details of the programs and activities on which the much-talked-about $801,929 part of a FIFA grant was spent.

NFF President Amaju Pinnick recalled that at inception of the Board, the concern for fiscal discipline necessitated its decision to bring in PriceWaterhouseCoopers as its external auditors and Financial Derivatives as financial consultants.

“These are globally renowned firms with reputation to protect, and we did not hesitate to bring them on board with us. We can also say with every sense of sincerity that they have each been doing a great job.

“In as much as this is supposed to be a confidential matter, as it is not a forensic examination as being touted, we feel a sense of responsibility to provide further details on the programs on which the money was spent. Some persons are already claiming NFF embezzled money; it is unfortunate.

“I don’t think we will find people who will come forward and tell us that Nigeria did not play friendly matches against DR Congo and Cameroon in Belgium in October 2015, or that the Super Eagles did not play Burkina Faso in CHAN qualifying matches in the same month, or that the Eagles did not play Swaziland home and away in a preliminary round (November 2015) before qualifying for the 2018 FIFA World Cup group phase.

“We are not averse to the planned audit of our accounts; what we do not welcome is the litany of distractions and dark innuendoes that the whole matter is generating, and its implications for our preparations for the final phase of qualifying for 2018 FIFA World Cup finals.” Pinnick said the NFF is blameless for the use of form T-10 {which is acceptable in government transactions) and the issue of cash transactions.

“These issues are coming up because of new reforms and new management procedures being adopted by FIFA. The form T-10 was the practice all the way before this Board came into office. And getting some of our players to open bank accounts for online payments has not been easy.

“Of course, we have taken all the lessons and advice from this report to heart, and we have now modified our payment structure.”


Programs on which the money was spent

  • International Friendly Matches
  • (Nigeria Vs Cameroon & Congo in Belgium)
  • CHAN Qualifier (Burkina Faso Vs Nigeria)
  • Processing of Visa for U17 in Ghana
  • Computer Appreciation Course
  • Outstanding Hotel Bills to Serob Legacy Hotel
  • Camping And Scouting of U17 Players
  • Additional for Tanzania Vs Nigeria AFCON Qualifier

In its response on the issue, FIFA made it clear it was a matter between it and NFF and it would be resolved in the shortest possible time.

Tags: FIFANewsNFFNigeria
SoccerNet Editor

SoccerNet Editor

Our editorial team at Soccernet.ng boasts over a decade of combined experience in covering Nigerian football, delivering timely news, expert analysis, and engaging content. With a passion for the game and a commitment to excellence, we connect fans to the heart of Nigerian and global football stories.

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