General Discussion, page-3

As we are involved with a couple of NPFL projects, I thought it’s worthwhile keeping an eye on the progress, or any news of the NPFL, as it prepares to commence the new 2020/21 season.

The NPFL will come under the new Sports as Business plan to be implemented in the near future.


Nigeria earns N350 million yearly from sports – minister
By Kelechukwu Chukwunosike - September 15, 2020

The Nigeria Premier Basketball League, NPFL, and their likes will become major indexes driving the Nigerian economy when the new national sports policy is ratified and accented to by the President, Muhammadu Buhari.

Currently, the government is the major sponsor of sports in Nigeria and it has spent immense funds in infrastructure development and Athletes incentives, but the new policy seeks to amend these, enabling the industry contribute immensely to the Economy.

Annually, sports in the country generates slightly over #350 million Naira.

According to the Minister of Youth and Sports development, Mr. Sunday Dare, major sport Leagues and competitions in the Country will contribute a projected 2-3% of the GDP with the new policy.

Mr Dare made this remark, Tuesday, at an NBBF event in Lagos.

”In June, the Federal executive council, actually, for the first time reclassified sports from mere recreation to business.

“Go to Jamaica, Brazil, South Africa; countries where sports is built around a business model, you see the returns.

“In the UK 42billion dollars every year, in the US 38billion dollars every year, globally 1.3 trillion dollars in Nigeria 350million dollars. Now we want to explore the possibilities, the potentials, so that this country can also try to reap from sports as a business,” he explained.

On Tuesday the NBBF signed a five-year, 150million naira worth extension of the title sponsorship deal for the Men’s National Division 1&2 Leagues.

The leagues are set to resume following the Federal government’s approval for the return of non-contact and some contact sports.