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MONEY WAR: Ahmadu-Kida writes Dare over release of $230,000 fund

MONEY WAR: Ahmadu-Kida writes Dare over release of $230,000 fund

Former President, Nigerian Basketball Federation, Musa Ahmadu-Kida, has come out to clear the air on the rumour circulating that he is in charge of funds that were meant for Nigerian Sportsmen and women.

The Ex-President while disclosing this, urge the Minister of Youth and Sports Development, Sunday Dare, to release the ‘adopt-an-athlete’ funds meant for the preparation of D’Tigers and D’Tigress teams before the Tokyo 2020 Olympic Games.

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The letter, signed by Ahmadu-Kida and the Secretary-General of the NBBF, Olabisi Afolabi, titled ‘Re: Donations To The NBBF Under the Honourable Minister’s Adopt An Athlete Programme For Olympic Basketball Teams, read, “We would like to commend the Honourable Minister for his creative initiative and state that this is real and concrete evidence of the Honorable Minister’s sincere commitment towards the growth and development of basketball in the country, which has continued to encourage NBBF to strive to represent the country no matter the challenges it faces.Information Guide Nigeria

“The Honourable Minister is also very aware that the NBBF has not received any fund from the ministry’s execution of the Tokyo 2020 Olympics preparation and camping for the national men’s and women’s team.

“These principally held in the USA with friendlies in the USA and Europe.

“I will recall to the Honourable Minister that the men’s team made history by beating the USA and Argentina, the first and fourth-ranked basketball countries in the world.

“The NBBF has had to further draw on its liabilities to fund these programmes. As such, the NBBF would for the most part want to limit its exposure using the coveted $230,000 to start paying back the debts incurred.

“The NBBF will however directly remit 20 per cent of this sum directly to the Olympic athletes, who fully understand the ministry is still working about securing and allocating the necessary fund to offset these debts by the NBBF and the fact that the federation did not enjoy direct funding for the Olympics.”

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Emediong Ekpe

Emediong Ekpe is a graduate of English. A professional Sports journalist/analyst, and a spoken word artist. He is passionate about decimating information and putting smiles on people's faces via news writing.

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