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President Bola Ahmed Tinubu has rewarded each player of Nigeria’s Under-17 women’s national team, the Flamingos, with a ₦100 million Federal Government Savings Bond following their historic FIFA U-17 Women’s World Cup triumph.
The First Lady, Oluremi Tinubu, announced the rewards on Wednesday during a reception for the team at the Presidential Villa in Abuja, where she represented the President.
The five-year savings bonds carry an annual interest rate of 14 per cent and are intended to provide long-term financial security for the players.
Coach, Technical Crew Also Rewarded
The team’s head coach, Hakeem Busari, will receive ₦100 million in cash, while each member of the technical crew will be given ₦50 million.
Chairman of the National Sports Commission, Shehu Dikko, explained that the government opted for savings bonds instead of direct cash payments for the players because most of them are teenagers.
He said the arrangement would allow the players to benefit from the investment over time while supporting their education and personal development.
Flamingos Make African Football History
The Flamingos secured their historic achievement on November 7 after defeating Japan 2–1 in Rabat, Morocco, to win the FIFA U-17 Women’s World Cup.
The victory made Nigeria the first African country to win the competition, marking a major milestone for women’s football on the continent.
The Federal Government’s reward is part of its recognition of the team’s achievement and contribution to Nigeria’s sporting success.