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Nairametrics
Home Business News

Tokyo Olympics: Gold Medalists to get $15,000 and Silver to receive $10,000 from FG

William Ukpe by William Ukpe
August 4, 2021
in Business News, Sports, Spotlight
Tokyo Olympics opening ceremony draws the lowest U.S TV audience in 33 years
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The federal government disclosed that athletes who get Gold medals at the ongoing Tokyo Olympic games would receive $15,000 while Silver and Bronze would be $10,000 and $7500 respectively.

This was disclosed on Tuesday in Tokyo by Simon Ebohdjaiye, Director, Federation and Elite Athletes Department (FEAD), Federal Ministry of Youth and Sports Development.

He disclosed that this is an upward review from the initial amount announced due to the dedication of the athletes, adding that the reward was part of the FG’s efforts to reward performance that represents Nigeria.

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“Gold medallist will now be rewarded with 15,000 dollars, while silver and bronze medal winners will each get 10,000 dollars and 7,500 dollars respectively.

“The earlier award was 5,000 dollars for gold, 3,000 dollars for silver and 2,000 dollars for bronze,” he said.

In case you missed it

Nairametrics reported that Nigeria’s Blessing Oborududu bagged a silver medal in the 68Kg women’s wrestling category at the Tokyo Olympics on Tuesday.

Another athlete, Ese Brume recorded a 6.97 metres jump in the final of the women’s long jump to win her first Olympic medal and Nigeria’s first medal at the Tokyo games.

Tags: Tokyo Olympics
William Ukpe

William Ukpe

For further inquiries about this article contact: Email: william.ukpe@nairametrics.com or outreach@nairametrics.com. Twitter: @_sirwilliam_ @nairametrics.

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