The last outing of Team Nigeria at the London 2012 Olympics Games was a huge disappointment as the team failed to win any medal. Despite the expectations of many and the huge financial investment put into the preparation, Team Nigeria had a dismal performance at the last Olympic games. It was reported that a whooping N2.2billion was spent on the team’s preparation and participation in the game.
Now, in preparation for the Rio 2016 Olympics, the Minister of Sports and Chairman National Sports Commission, Bolaji Abdullahi, has revealed that Team Nigeria will need N7bn to prepare the team for the games.
He said that the money would be used, among other things, to source for and train quality athletes while also restructuring the various sports federations.
“The President believes Nigeria should win nothing less than five medals at the next Olympics and he is not leaving anything out to get our athletes ready. We’ll need about N7bn to prepare the team for the Games,” Abdullahi told Punch.
“Government alone cannot carry the burden; the corporate sector has to weigh in. The private organisations will not come in because they are nice people; they’ll only come in if we presented it as a business proposal, and they see it as a worthwhile investment otherwise we’re not going to make any impact. I believe all those issues can be tackled in no time,” he added.
If we couldn’t achieve any positive results with N2.2billion, does that mean the money was probably insufficient? Can the team achieve better results with more money? What do you think about the Minister’s request of N7billion for Team Nigeria?
Common sense is indeed not common.
Posted: at 2-10-2012 12:20 AM (11 years ago) | Hero
Even If You're Given N100bn It Will Never Be Enough For you. You Will Still Complain And Ask For More. You Greedy, Inhumane, Selfish Liar. You Are Part Of The Reason Nigeria Is The Way It Is Today. Instead Of Building You Are Destroying.
Posted: at 2-10-2012 07:32 PM (11 years ago) | Gistmaniac
factfinding at 2-10-2012 07:43 PM (11 years ago) (m)
Is just a waste of fund, that 7bm will take care of power supply in many part of Nigeria, give them the money they will share it among them self ,stupid set of people very useless Abdullahi, is he not the same idiot they caught in an expensive 5 STAR Hotel in London during the Olympic, relaxing enjoying him self while Nigeria is loosing all the game Nonsense
Posted: at 2-10-2012 07:43 PM (11 years ago) | Gistmaniac
steveoneal at 3-10-2012 09:15 AM (11 years ago) (m)
HMMMMMMM; FEAR NO DEY CATCH THEM AT ALLLL; SHAME NO DEY FOR THEM AN INCH;;; DEM GO JUST MENTION THE MONEY AS IF NA EWA AGOYIN DEM WANT BUY;;;7000,000,000,00 naira,,,, OLORIBURUKU;;; NA BOMB GO KILL YOU AND YOUR ENTIRE FAMILY;;;; PEOPLE DEY THERE FOR HOSPITAL DEY DIE COS OF 20K .30K EVEN 10K BILL; HUNGER DEY WIRE POPULATE;; NOT A SINGLE HIGHWAY IS BUMP FREE; IN NIGERIA;; PEOPLE LOSING THEIR LIVES ON DAILY BASIS ON OUR HIGHWAYS;; ROBBERS NO GREE LET PEOPLE SLEEP THROUGH THE NIGHT;;GOOD QUALITY EDUCATION THAT ONE HAS BID US FAREWELL YEARS AGO:::PEOPLE ARE LIVING IN SLUM AND RAISING GENERATIONS IN SLUMS AND INCINERATORS;;;GRADUATES CAN BOAST OF GETTING JOBS YEARS AFTER GRADUATION;;;; ELECTRICITY ; THAT ONE DON PACK HIN BAGGED TRAVEL COMMOT FOR NAIJA;;; YOU STILL GET THE MORAL AUDACITY TO ASK FOR 7B JUST FOR 5 MEDALS AS IF NA THE ATHLETES UNA WANT GIVE THE MONEY;;;;OLORUN KO NI FI IKU IRE PA GBOGBO YIN;;; UNA DON TURN NAIJA TO YOUR SITTING ROOM;
Posted: at 3-10-2012 09:15 AM (11 years ago) | Gistmaniac
winace
dickman2
mickky21
lanudja
denmal
lakman
ice4jez
Bettygirls
micc
Senegal
Biafranwar
Solidstonez
aso4life1
DMG17
factfinding
interpo777
Neglito
steveoneal
TRENDING GISTS 
5 Inches & Above Is Unhealthy – Nigerian Women Speak On Size Of Their Partners’ Gen!tals
Aftermath Of Niger Prison Collapse That Allowed 119 Inmates To Escape Following Rainstorm
VIDEO: Groom Breaks Down In Tears As Bride Walks To Him On Wedding Day