The Nigeria Football Federation (NFF) has cried out over the non-release of its monthly subvention by the Federal Government running into arrears of five months.
An egghead of the football federation, who spoke to Daily Sunsports in confidence claimed that the last time the federal government released subvention to the Glass House was in December 2015, admitting that cash crunch is biting very hard.
While insisting that membership of the federation is no longer attractive, our source argued that though the federation is feeling the strain of the financial crisis, it is also good that the insinuation about lack of accountability has reduced drastically.
“Have you ever wondered why board members don’t attend meetings again in Abuja? It is because there is no money to pick their bills. I can tell you that the Glass House is too dry now. NFF is broke.
“Do you know the last time we received allocation, I can tell you it was in December last year. Incidentally, the federation used that money to pay arrears of salaries and allowances the federation owed coaches and players.
It has nothing to do with the TSA, yet nobody is saying anything.”
“The federation has no money to pay coaches because we cannot source money from anywhere to meet up such obligations. Even getting our overhead is becoming difficult. As it is now, they are just giving aid in terms of grant for football development.
“Government is no longer funding football because it is practically impossible for the N1.3 billion allocation from the federal government to bankroll the programmes for the 11 national teams. Even the money will not be enough for competitions,” our source noted.