NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million - Sports

NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million - Sports - Nairaland

Nairaland Forum › Entertainment › Sports › NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million (16085 Views)

NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by ikorodureporta(op): 1:13pm On Jun 24

NSC increases NPFL prize money to N1bn, sets N2m minimum wage for players

The champions of the next season of the Nigeria Premier Football League (NPFL) will receive a minimum prize money of N1 billion — up from the previous amount of N200 million.

According to NAN, Shehu Dikko, the chairman of the National Sports Commission ( NSC), announced the new prize money on Tuesday in Abuja.

Dikko was in a meeting with top officials of the Nigeria Football Federation (NFF), and they also agreed to introduce a minimum wage of N2 million for NPFL players.

“A major highlight of the meeting was that the champions of the 2026/27 NPFL season will receive a minimum prize money of ₦1 billion,” the NSC chairman said.

“The runners-up will receive ₦500 million, while the third-placed team will earn ₦300 million, subject to official confirmation by league authorities.

Dikko described the new prize structure as part of broader efforts to improve the commercial value, professionalism, and competitiveness of the domestic league.

“I want to thank the NFF President, Ibrahim Gusau, and the General Secretary, Dr Mohammed Sanusi, for a very productive engagement.

“ The issues discussed today are fundamental to the growth and development of Nigerian football.

https://www.thecable.ng/nsc-increases-npfl-prize-money-to-n1bn-sets-n2m-minimum-wage-for-players/

61 Likes 7 Shares

Re: NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by adaxme(m): 4:31pm On Jun 24

What can one billion buy ??
200 m was Worth more

16 Likes 1 Share

Re: NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by infogenius(m): 4:32pm On Jun 24

Nice one.
The league will now be more attractive and competitive.

79 Likes

Re: NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by Fresh34: 4:33pm On Jun 24

Eno bad sha..den go dey manage am..atleast better than the way it was before

38 Likes 1 Share

Re: NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by deedeemob(m): 4:33pm On Jun 24

Very good improvement ! Naija will get there someday

64 Likes

Re: NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by slivertongue: 4:33pm On Jun 24

I hope they will pay promptly

59 Likes 1 Share

Re: NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by Btruth: 4:33pm On Jun 24

We will get there insha'Allah 🙏

14 Likes 2 Shares

Re: NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by Reference(m): 4:34pm On Jun 24

Wow. That's impressive.
A shot in the arm for those who want to do right.
A magnet for desperados who will want to win at all costs.

They should strengthen regulations and be ever more vigilant to ensure fair play and best practices.
Good one.

Another thing the FA can help do is the cultivation and the eventually regulation of talents for international trade.

This is another potentially huge warchest. Can assist in running our game here in Nigeria, boosting the league and strengthening our domestic clubsides.

If we can bring expertise to aid these trades earnings can continue long after a player has been sold to overseas clubs with the proliferation of sell-on clauses these days.

19 Likes

Re: NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by Hezzyluv: 4:34pm On Jun 24

Btruth:
We will get there insha'Allah 🙏

Yes, we will get there one day.

8 Likes

Re: NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by lawani(m): 4:34pm On Jun 24

A minimum wage of 2 million naira per month is too high for a league whose prize for the champion team for a whole season is only one billion naira. Is minimum wage in the UK up to 20 million naira? because 2 million in Nigeria is more than 20 million naira in the UK by purchasing power

11 Likes

Re: NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by jericco1(m): 4:34pm On Jun 24

Too poor they should add more to it b

2 Likes

Re: NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by SixSeven: 4:35pm On Jun 24

The real value of an isolated N1 billion over a 16-year window has shrunk by 89.98%. A payout of N1 billion today gives a team or an individual the equivalent wealth of just about N100,218,577.54 relative to the 2010 economy.

2010: 1bn today was N95.12m. Inflation rate was 13.72%

2011: 1bn today was N105.41m. Inflation rate was 10.83%

2012: 1bn today was N118.29m. Inflation rate was 12.22%

2013: 1bn today was N128.35m. Inflation rate was 8.50%

2014: 1bn today was N138.68m. Inflation rate was 8.05%

2015: 1bn today was N151.17m. Inflation rate was 9.01%

2016: 1bn today was N174.88m. Inflation rate was 15.68%

2017: 1bn today was N203.77m. Inflation rate was 16.52%

2018: 1bn today was N228.41m. Inflation rate was 12.09%

2019: 1bn today was N254.45m. Inflation rate was 11.40%

2020: 1bn today was N288.16m. Inflation rate was 13.25%

2021: 1bn today was N337.01m. Inflation rate was 16.95%

2022: 1bn today was N400.26m. Inflation rate was 18.77%

2023: 1bn today was N498.49m. Inflation rate was 24.54%

2024: 1bn today was N655.22m. Inflation rate was 31.44%

2025: 1bn today was N825.57m. Inflation rate was 26.00%

25 Likes 2 Shares

Re: NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by AdolfHitlerxXx: 4:35pm On Jun 24

I hope Fulani herdsmen wouldn't be at stadiums to pick off prize winners shocked

27 Likes 1 Share

Re: NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by Houseofglam7(f): 4:35pm On Jun 24

And spread the payment over 308 years.

Re: NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by Primusinterpares(m): 4:36pm On Jun 24

Nice one.

Lets also channel this improvement to education, stem, sciences, R&D.

Let every good and productive thing becomes attractive

12 Likes

Re: NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by HacheNoire: 4:36pm On Jun 24

Another massive investment into sport by yhr administration of His Excellency, President Asiwaju Bola Ahmed Tinubu (GCFR)

9 Likes

Re: NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by GanagiBitrus: 4:36pm On Jun 24*

More characters needed

Re: NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by zoomman(m): 4:37pm On Jun 24

I don't believe this until I see evidence.

3 Likes 1 Share

Re: NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by Nemesis0147(m): 4:39pm On Jun 24

lol
How many NPL club can pay their players 2m minimum?

8 Likes

Re: NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by Mattswaggz: 4:39pm On Jun 24

Very impressive.....Nigeria is a footballing nation and shouldn't be left behind in things like this.

11 Likes

Re: NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by obacasmir: 4:39pm On Jun 24

It surely can buy you and yours.
Since all you know is to criticize..

adaxme:
What can one billion buy ??
200 m was Worth more

11 Likes

Re: NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by UrPapa: 4:39pm On Jun 24

These people criticizing and making mockery haven’t spent a dime watching a Nigerian league for once
They have never added a dime to the football revenue

12 Likes

Re: NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by ZombieTERROR: 4:41pm On Jun 24

adaxme:
What can one billion buy ??
200 m was Worth more

before Tinubu 200m was block money..

Today 1b can't even get a choice mansion in Eko Atlantic

7 Likes

Re: NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by princepee: 4:41pm On Jun 24

hmmmmmmm.
now a lot of magomago and corruption will now be involved.
1b is a lot of money

6 Likes

Re: NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by DeltaBachelor(m): 4:41pm On Jun 24

Wow . A very good one. This will attract more players , sponsorship and marketing

5 Likes

Re: NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by alobright17(m): 4:42pm On Jun 24

adaxme:
What can one billion buy ??
200 m was Worth more

you left your brain at barbershop?

16 Likes 1 Share

Re: NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by Nostalemate: 4:42pm On Jun 24

Prize money increments should be in tandem with improvement in the league game itself so it won't be a case of audio-money.

Shout-out to all chess players on nairaland earning big bucks via the game.

2 Likes

Re: NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by Jorussia(m): 4:44pm On Jun 24

SixSeven:
The real value of an isolated N1 billion over a 16-year window has shrunk by 89.98%. A payout of N1 billion today gives a team or an individual the equivalent wealth of just N100,218,577.54 relative to the 2010 economy.

I hope u realize in 2010 the winner's prize money was not more than #20m? and it was hardly ever paid until sometime from 2016? That #1bn if it's paid to the winner from next season is the biggest and most valuable in our domestic league history in over 30years.

8 Likes 1 Share

Re: NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by Bergavis: 4:44pm On Jun 24

In 1993 my salary then was almost free. Insurance una welldone. Wilson Oboh, Emma Eghaghara una here so?

4 Likes

Re: NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by Hemanwel(m): 4:46pm On Jun 24

Omor!!! See money! Please guys, if I reduce my age to 20 from 45, will they know??

I need to rediscover my football skills.

10 Likes

Re: NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by fasho01(m): 4:46pm On Jun 24

It's encouraging and the right step in the right direction. If they can attract more investors, the league will become more lucrative

7 Likes

Re: NPFL Prize Money Increased To ₦1 Billion, From ₦200 Million by Jorussia(m): 4:47pm On Jun 24

ZombieTERROR:
before Tinubu 200m was block money..

Today 1b can't even get a choice mansion in Eko Atlantic

You mean $267,000(#200m) before Tinubu is better than $740,000(#1bn) now?

9 Likes 1 Share

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