• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News Sports

Tokyo Olympics: Nigerian medalists to get $17,500 as medal earnings

Ajalogun Hakeem by Ajalogun Hakeem
August 9, 2021
in Sports, Spotlight
Tokyo Olympics: Nigerian medalists to get $17,500 as medal earnings
Share on FacebookShare on TwitterShare on Linkedin

The 2020 Summer Olympics branded as Tokyo 2020 came to an end yesterday after its closing ceremony. The competition kicked off on Friday, 23rd of July, 2021 and ended 8th August, 2021 after being postponed for a year due to Covid-19.

Team USA came out on top with a total of 113 medals including 39 gold medals. Team Nigeria ranked 74th on the medals leaderboard out of 86 countries winning a silver and bronze medal.

Blessing Oborodudu won a silver medal for Nigeria in the women’s 68kg freestyle where she came up short against Tamyra Mensah-Stock of Team USA in the Final. She made history as the first Nigerian wrestler to win an Olympic medal.

RelatedStories

Tokyo Olympics: 10 Nigerians declared ineligible for athletics events

The ‘Jamaican athletic gene’ theory and why Nigeria remains underdeveloped

August 13, 2021
Tokyo Olympics: Nigeria crashes out of women’s 4 X100 metres relay

Tokyo Olympics: Nigeria crashes out of women’s 4 X100 metres relay

August 5, 2021

Ese Brume won Nigeria’s first medal in the Tokyo Olympics where she bagged a bronze medal in the Women’s long jump.

There were also some positives to be taken from the competition, as Enoch Adegoke qualified for the men’s 100 meters final and became the first Nigerian to reach the finals in 25 years. Abiola Ogunbanwo also broke the country’s record in 100m swimming freestyle where she posted a national record of 59.74 seconds in the swimming event.

How much will the medalists be paid?

The International Olympic Committee, the Olympics’ organising body is not responsible for paying athletes that participate in the competition nor does it give out money for prize medals. The onus for paying athletes is on individual nations or private bodies.

Most countries offer monetary rewards to athletes depending on the type of medals they won at the Olympics.

Previously, Nigeria awards her athletes a prize money of $5000 for a gold medal, $3,000 for silver, and $2,000 for bronze as announced by the Director, Federation and Elite Athletes Department (FEAD), Federal Ministry of Youth and Sports Development, Simon Ebohdjaiye.

On Tuesday, Mr Ebohdjaiye made an announcement for a new prize money for athletes to drive home the point that the federal government would always reward superlative performance.

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

This means the two Nigerian medalists in the Tokyo Olympics would go home with a prize money of $10,000 approximately N4.1million and $7,500 approximately N3million respectively.

Tags: Blessing OboroduduEse BrumeTokyo Olympics
Ajalogun Hakeem

Ajalogun Hakeem

Related Posts

Tokyo Olympics: 10 Nigerians declared ineligible for athletics events
Op-Eds

The ‘Jamaican athletic gene’ theory and why Nigeria remains underdeveloped

August 13, 2021
Tokyo Olympics: Nigeria crashes out of women’s 4 X100 metres relay
Sports

Tokyo Olympics: Nigeria crashes out of women’s 4 X100 metres relay

August 5, 2021
Tokyo Olympics opening ceremony draws the lowest U.S TV audience in 33 years
Business News

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

August 4, 2021
Team Nigeria’s Chukwuebuka Enekwechi advances to the final of the men’s shotput event
Business News

Team Nigeria’s Chukwuebuka Enekwechi advances to the final of the men’s shotput event

August 3, 2021
Tokyo Olympics: Ese Brume wins Nigeria’s first medal with Long Jump bronze
Sports

Tokyo Olympics: Ese Brume wins Nigeria’s first medal with Long Jump bronze

August 3, 2021
Tokyo Olympics: Nigeria guaranteed a Medal, as Blessing Oborodudu advances to wrestling final
Sports

Tokyo Olympics: Nigeria guaranteed a Medal, as Blessing Oborodudu advances to wrestling final

August 2, 2021
Next Post
Wema Bank's 2019 half year financial results, Wema Bank Plc announces notice of board meeting, closed period

Wema launches business school to improve SMEs' skills, competence

Comments 1

  1. Abubakar jabir adam says:
    August 9, 2021 at 6:04 pm

    Muna tajira baza asa mana murage zaman baza bane ko kaka yakamata ace mun samu kudin na

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

nlng
Zenth Bank
Emple
first bank
Zenth Bank








DUNS

Recent News

  • Lagos State seals residential apartment in Lekki over illegal faecal discharge into public drains 
  • Shell urges Nigerian companies to tap into offshore oil and gas opportunities 
  • Plateau govt approves 159 mining firms to resume operations in the state 

Follow us on social media:

Recent News

Lagos State seals residential apartment in Lekki over illegal faecal discharge into public drains 

Lagos State seals residential apartment in Lekki over illegal faecal discharge into public drains 

May 24, 2025
shell, federal high court

Shell urges Nigerian companies to tap into offshore oil and gas opportunities 

May 24, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics