Oil and gas outfit , Aiteo Group have disclosed that it remained committed to its sponsorship deal with the Nigerian Football Federation (NFF ), which started on May 1 , 2017.
Reports disclosed that the company was not happy with the way the NFF was treating the relationship, citing the poor visibility of the prime competition, Aiteo Cup , which was formerly known as Challenge Cup.
But in a statement, Aiteo denied the reports , saying “ the multi-billion sponsorship deal was a
management decision meticulously taken upon due consideration of its benefits to the development of football in Nigeria , tremendous social capital and unifying effect on every stratum of Nigeria endeavour .
“ The deal is effective for five years and we have no plans to renege on our decision. We hereby assure our valued stakeholders and Nigerian public that all aspects of the NFF pact , which includes paying Nigeria national team coaches will continue to run without hitches for the agreed five – year term.
“In line with best practice, we will review annually, to bring even more value for both parties and our stakeholders .”
This post was last modified on %s = human-readable time difference 1:59 pm
Welcome to the Godswill Akpabio International Stadium in Uyo, where the Super Eagles of Nigeria… Read More
Head coach Augustine Eguavoen has released the starting roster for Nigeria's final Africa Cup of… Read More
Rwanda's head coach, Torsten Spittler, has expressed determination as his team faces the daunting task… Read More
Nigeria’s Super Falcons will discover their group-stage opponents for the rescheduled 2024 Women’s Africa Cup… Read More
Former Turkish Super Lig champions Trabzonspor are planning to offer Southampton $10 million plus bonuses… Read More
Benin Republic head coach Gernot Rohr is counting on the Super Eagles to avoid defeat… Read More