₦airaland Forum

A consortium of investors from the United Kingdom has indicated interest in investing 1.5 billion dollars in the Nigeria Professional Football League, sports minister Solomon Dalung has revealed.

In a statement, Dalung disclosed that the UK-based sports promo and marketing firm under the auspice of Arabella 21st Century made the proposal during a visit to his office in Abuja.

“Yes, they want to bring in about $1.5bn into Nigerian football, but there is a caveat to it. They are not going to tamper with the constitution, statutes or football article,” said Dalung.

“It is the same thing they did in China and Japan. The league board will operate with the NFF and the Ministry will be involved.

“They want to set up a Football Development Company that will be quoted on the stock exchange, with the same applying to all the football clubs in Nigeria.”

Chairman of the firm, Femmy Carrena said his team of investors was ready to invest in the country’s league for the next 20 years with core restructuring but on few conditions.

“They want to come to Nigeria and manage our league for the next 20 years. After a meeting with the ministry and other stakeholders, they’ll set up the company but their Nigerian counterparts are expected to invest 30 percent of the $1.5bn,” he continued.

“They’re ready to put their own money into the stock exchange, but they’ll have the controlling share.

“They will restructure the league, get the television rights but not before a conference which will explain to everyone how it will work.

“They will be coming with technical experts from the premiership that will be operating in the development company that they will set up, which will include representatives of the ministry, the LMC, and the NFF.”

When the deal is established, the country’s national teams are expected to benefit from training and subventions. The League Management Company (LMC) had recently urged domestic clubs to register with the Nigerian Stock Exchange.

Former Abia State Governor and businessman, Orji Uzor Kalu, said in the recent edition of The Interviewthat, “Igbos are their own worst enemies.”

ChemicalReaction:
Cossy, I know. Toolz, how manage

Johnnyessence:
pls don't base ur analysis in 2012 gubernatorial election hmmmmm things av change power has change hands.

ChemicalReaction:
She's pretty and has the money n fame. Who endowned epp?! And yes! I'm endowned too. Who comparison epp?!

Johnnyessence:
back to back akeredolu will win with huge margin no doubt.

ChemicalReaction:
lol. Chest nau.. #lovehersmile.

Johnnyessence:
[s]nope he is paying workers salaries ooooo.upon economic recession ongoing process are still going on.contractors are still on site doing their work perfectly.ogbeni legacy av open d masses eyes.Apc still has upper hand in the state of osun[/s]

nikkypearl:
wetin you dey find for her body

“I chose to trek to Zaria because her parents dated for six years in ABU, Zaria, before they got married. I didn’t let my parents know and to ensure I was not disturbed, I changed my SIM card. I took a tracker along with me to monitor my movements. I never took a bus at any time. It was a tough task and I even collapsed some of the times. I took off from Ketu on October 2 and arrived in Zaria on Thursday, October 20, around 4.15pm.

Addme:
The School Is Owned By Seun's Parents And It's Actually One Of The Best Schools In Ogun State. Actually The Schools In Ota Are Known For Their Mathematical Prowess.Apart From Ambassador, Scholars Universal, Ota Total Academy, The Bells And Even Iganmode Grammar School (a Public School) Are Some Of The Schools In Ota That Have Won And Distinguished Themselves In The Competition.

Therefore, while speaking during the church’s youth program plenary session themed ‘vessels unto honour’ some days ago, Daddy G.O, as Adeboye is fondly called, pleaded with the participants to spare him the problem of social media by not uploading the program’s video on YouTube.
He simply said “Spare me the problem. I’m not talking to you so that you can put me on YouTube.”

The new overall winner of the 2016 Cowbellpedia, Ayoola and Juliet are both students of The Ambassadors College Ota, Ogun State, a school which has a long history of dominating the competition. The host and quiz master is broadcaster, Oscar Oyinsan. More photos below...

alexiej:
The prize for academic competitions is better now. It's no more maths set and jotter... Hehehe

derespect:
I hope there's a good chemistry between the two parties

TheSuperNerd:
In Ojo Onaolapo, I believe Nigeria has Toriola's long-term replacement.

Aruna Quadri is also still young. My only ish with Aruna is that he almost always loses to Egypt's Omar Assar in singles finals. His head-to-head against Assar is not good. For every one win he gets against Assar at major tournaments, Assar gets like 5-6wins... Frustrating.

But in the international circles, Aruna always outshines Assar. Aruna was a Quarterfinalist in the singles event at Rio 2016 (THE FIRST AT THAT STAGE AND BEST EVER BY AN AFRICAN IN TABLE TENNIS HISTORY AT THE OLYMPICS).

He also did well at the last Table Tennis World cup where he finished in the Round of 16 better than all other African reps.


And yeah... Table tennis is taken very seriously in the west hence yoruba's domination of the game in Nigeria.

We can do more for the game as Egypt no dey smile.

One of the Bureau De Change men, Alhaji Haruna, said each time armed robbers attacked them the police would never come to their rescue until the robbers had left.