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Home Business News Sports

Air Peace, NFF sign partnership deal worth N300 million

Ajalogun Hakeem by Ajalogun Hakeem
September 2, 2021
in Sports
Air Peace, NFF sign partnership deal worth N300 million
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Air Peace has signed a partnership agreement with the Nigeria Football Federation (NFF) to become the official airline sponsor of Nigerian national teams.

The sponsorship which is for one year is worth over N300 million in cash and value in kind was confirmed by the NFF in an official statement on Wednesday.

“The Nigeria Football Federation on Wednesday sealed a partnership agreement with Air Peace that made the frontline indigeous airline company the Official Airline Sponsor of Nigerian National Teams.

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“The contract is for one year, renewable for four years and worth N200 million with separate Value-In-Kind in the worth of N100million.

“The contract covers all the National Teams, from the Super Eagles to the junior teams,” the NFF statement read in part.

What they are saying about the deal

NFF Chairman, Amaju Pinnick described the partnership as “an ordained union of two super brands” 

“The Air Peace brand is not just a growing brand but a strong and super brand, we will protect and project whatever we sign here today, we are grateful to the airline for the support, it is all about the unity of Nigeria. The deal is fund-based, it will be ploughed back to the players, it is a huge impact on them. The deal is worth N300 million and cash component is N200 million,” Pinnick said.

The Chairman of Air Peace, Allen Onyema said his company is delighted about the partnership and also called on other investors to invest in clubs in the country.

“Air Peace is proud of this country and we will do everything possible to support the NFF, we hope the Super Eagles qualify for Qatar 2022, we will support you all the way. We are looking for local clubs to support too, we want to bring back the joys of those days, I also call on investors to invest their CSR in some of the clubs.

“We decided to partner with the NFF not just because we are enamoured by the hard work and resilience of Mr Amaju Melvin Pinnick in improving the lot of Nigeria’s football on the pitch and in the boardroom, but also because we passionately seek a platform to give Nigerians hope,” Onyema said.

“Football is a huge unifying force everywhere and the same is true of our country,” he added.

The deed of agreement was signed at the Marriott Hotel, Ikeja, Lagos in the presence of NFF executives and also Air Peace officials. It also included the presence of two factions of the supporters club, and Super Eagles players like Alex Iwobi, Joe Aribo, Oghenekaro Etebo, and Tyronne Ebuehi.

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Tags: NFFNigeria Football FederationSuper Eagles

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