Sports
Minister approves fund to refund IAAF over payments
The Minister of Youth and Sports Development, Sunday Dare, Wednesday approved funds to repay IAAF, for the excess fund the World Athletics body mistakenly transferred to Nigeria,National Daily learnt.
The IAAF had mistakenly transferred $150,000 Instead of $15,000 as grants to the Nigerian Athletics body. Tracing the money proved difficult and generated a lot controversy in the country.
Taking the bull by the horn, the Minister confirmed this approval via his Twitter media handle Wednesday evening and promised that the money would be refunded as soon as possible.
Sports Minister, Sunday Dare
He tweeted;“I have approved the release of funds to refund the IAAF overpayment wrongly credited to the Athletics Federation of Nigeria. In a few days from now the funds should hit the account of the IAAF barring any interbank delays. With this Nigeria’s reputation is regained.”
With this approval, Nigeria’s reputation has been redeemed to a large extent in line with this administration’s tough stance against corruption.
-
Featured6 days agoBREAKING NEWS: Shouts of joy rock the world as Pastor Chris opens final Healing Streams edition for 2026
-
Football1 week agoMan United shortlist Emery, Nagelsmann as potential replacements for Carrick
-
Business7 days agoHoodlums raid JED Benue office, abduct 10 staff over power dispute
-
Football1 week agoAston Villa ready to freeze out Garnacho to avoid £43m Chelsea transfer
-
Business1 week agoEV adoption: Roxettes seeks cheaper financing, local manufacturing incentives
-
Latest7 days agoAkpabio tasks Tompolo-backed movement with spreading Tinubu’s renewed hope message
-
Business6 days agoHow Ethiopian Airlines is challenging Africa’s aviation narrative through self-reliance
-
Latest1 week ago2027: Adeyanju predicts Tinubu will defeat Atiku, win 25% votes in every state