Nigerian Athletes To Benefit From CBN COVID-19 Funds -Sports Minister

Nigerian Athletes To Benefit From CBN COVID-19 Funds -Sports Minister

By Joel Ajayi

Sports Minister, Sunday Dare has said that the Ministry is in talks with the CBN to help process youth entrepreneurs to benefit from the its COVID-19 Fund for SMEs as part of effort to support those that are financially handicapped.

Dare noted that, “boosting youth entrepreneurship is one of the surest ways out of youth unemployment when fully back by easy access to credit. The Ministry in a renewed effort will see to accelerate this.”

He said the Ministry is not leaving out sports during the lockdown as he noted that,  “We cannot leave sport behind as the COVID-19 pandemic fell right at the doorstep of Edo 2020, it affected a great number of athletes that were poised to earn their well-deserved prize money in the competition.”

According to him, COVID-19 has left many Nigerian athletes in a financial strait and the Ministry has for this reason announced the setting up an Athletes Relief Fund, ARF, to assist in the day to day expenses for out of work athletes, which sports promoter, Kunle Soname has kick started with 10 million naira.

In addition, the Ministry has made provision for athletes to keep fit even during the lockdown with high performance center made available on rotational basis for pockets of training that conform with social distancing requirement.


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CBNCOVID-19Sunday Dare