Tinubu rewards Flamingos with ₦100m each after historic World Cup victory

President Bola Tinubu has rewarded Nigeria’s World Cup-winning Flamingos with ₦100 million savings bonds each, while their coach received the same amount and technical crew members were awarded ₦50 million each.

President Bola Tinubu has rewarded Nigeria’s U-17 women’s football team, the Flamingos, with Federal Government Savings Bonds worth ₦100 million each following their historic FIFA World Cup victory.

According to PUNCH, First Lady Oluremi Tinubu announced the rewards on Wednesday during a reception for the players and officials at the State House, Abuja.

The team’s coach received a bond worth ₦100 million, while each technical crew member was awarded ₦50 million in cash.

The Flamingos made history by becoming the first African team to win the FIFA U-17 Women’s World Cup.

National Sports Commission Chairman Shehu Dikko explained that the bonds were intended to secure the players’ financial futures.

“There is no need to flood them with money that can distort their career,” he said.

Dikko disclosed that the five-year bonds would generate annual interest of approximately 12 to 14 per cent, providing the teenage players with regular income to support their education, training and personal needs until maturity.