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Tinubu rewards Flamingos with $74,000 each – here's how they'll receive the money

The President has announced a major financial package
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Tinubu rewards Flamingos with $74,000 each – here's how they'll receive the money
NG Presidency

Nigeria's Flamingos have received a significant reward following their historic triumph at the 2026 FIFA U-17 Women's World Cup, with President Bola Tinubu recognising the team's achievement at a reception in Abuja.

The announcement was made by First Lady Oluremi Tinubu, who received the players and their technical crew on behalf of the President at the State House on Wednesday.

Flamingos players to receive $74,000 each

Each player will receive Federal Government Savings Bonds worth ₦100 million (approximately $74,000), while the team's coach will receive a certificate of the same value. Members of the technical crew will each receive ₦50 million (approximately $37,000) in cash.

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National Sports Commission chairman Shehu Dikko explained that the decision to issue savings bonds rather than immediate cash payments was intended to protect the young players' financial futures.

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

He explained that the five-year bonds carry annual interest rates of between 12 and 14 per cent, providing regular returns to support the players' education, training and other needs before the bonds mature.

Dikko outlines plans for Flamingos coaching staff

Dikko also addressed the future of the team's coaching staff, saying decisions would depend on how many players remain eligible for the next U-17 cycle.

“If more are still under that age, they can play the next one; better you keep the coach at this level. If they are moving to the U-21, better they go with their coach to do that,” he said.

The Flamingos made history by becoming the first African team to win the FIFA U-17 Women's World Cup, defeating Japan 2-1 in the final in Morocco.

Read Also: Nigeria – Tanzania: date, kick-off time, TV channel and stakes

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Mmenyeneabasi Akpan

Mmenyeneabasi Akpan |

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