Tinubu awards Flamingos players N100m each in five-year savings bonds
President Bola Tinubu has approved N100 million in Federal Government Savings Bonds for each member of Nigeria’s victorious Under-17 women’s football team, the Flamingos, in recognition of their historic triumph at the FIFA U-17 Women’s World Cup.
The five-year bonds carry an annual interest rate of 14 per cent, according to the Chairman of the Nigeria Football Federation (NFF), Shehu Dikko.
The President also approved a N100 million cash reward for the team’s coach, while each member of the technical crew will receive N50 million.
The rewards were announced on Wednesday by First Lady Oluremi Tinubu, who represented the President at a reception held in honour of the team at the Presidential Villa, Abuja.
The reception followed the Flamingos’ victory over Japan in the final of the tournament held in Morocco, making Nigeria the first African country to win the FIFA U-17 Women’s World Cup.
The recognition marks a reward for the team’s historic achievement and its contribution to Nigeria’s sporting success.
