Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Industries Corporate Press Releases

How sport can build a N2 trillion economy for Nigeria

NM Press by NM Press
July 18, 2022
in Corporate Press Releases
How sport can build a N2 trillion economy for Nigeria
Share on FacebookShare on TwitterShare on Linkedin

The Nigerian Sport industry can deliver a N2 trillion economy if the nation build a sustainable pathway for raw talents across the nation.

This was disclosed by the Chief Executive of Sports Nigeria, Nkechi Obi, at the unveiling of the Sport Nigeria brand.

According to her, if necessary infrastructures are provided for raw talents across the nation, Nigeria boosts her economy value.

RelatedPosts

No Content Available

What Obi is saying about Sport Nigeria

He said, “it is not about going to the Olympics. I always want people to understand; that it is not about going to the World Cup. We will always go and there will always be 22 people who will always suit up. There will always be 30, 40, or 50 people, who we will send to the Olympics, it is not about that.

News continues after this ad


“It is about the 100 million people, who want to do sports and they have no where to go…who are prepared to spend N100 everyday, fulfilling their passion and deliver a N2 trillion economy…it is about us having a sustainable part way for a raw talent to go for another raw talent to finish all that.”

He added that there are enough talents in the country rather looking for ancestral root outside to come and represent Nigeria.

News continues after this ad


Chairman, Sports Nigeria, Babatunde Folawiyo, said, “the initiative is a vicious circle because as you make more impact on the social side, it encourages the business side. As you make more impact on the business side, it leads you to greater achievement on the social side,” adding, “they all combine to feed each other and hopefully, we will get to the spot where the rest of the world has gotten to.”

Minister of Youth and Sports Development, Mr. Sunday Dare, said, “It is a private-driven intervention agency formed to develop the sports industry in the country, by harnessing and deploying investment, development and private sector funds across the value chain implementation.

“This in tandem with the position of the government that sports must operate as an industry and an area of economic activity with a fully developed value chain.

“This event signposts the future of sports development, but more importantly takes the audacious step needed to galvanise everyone to action.

“The government, private sector, sports stakeholders, sponsors, the international community must respond to the emerging opportunities in the sector,” he said.

Dare added, “the government has since revved up with the reclassification of sports as an industry over a year ago. The NESG was central to the success and progress we have made thus far.

“The final draft of the NSIP has been submitted and awaiting presentation. Until then, we will wait. Yes. We need the government and private to make it work, but we need to put its operation in the hands of the private sector while government restricts itself to regulations and policy.

“We hope to work with Sports Nigeria as pioneers in this journey.”

Related

Tags: Sports Nigeria

Leave a Reply Cancel reply

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

inq
avatrade
Stanbic bank
Mega Millions
UBN
Hot forex
Access Bank
Bankers Committee
First bank






    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • The United Nations to enable women-led digital businesses in Anglophone Africa scale up and expand to new markets
    • Memecoins rally as crypto market cools off
    • Lagos considers total ban of Okada across the state as crime rate drops by 86% in 6 LGAs

    Follow us on social media:

    Recent News

    The United Nations to enable women-led digital businesses in Anglophone Africa scale up and expand to new markets

    The United Nations to enable women-led digital businesses in Anglophone Africa scale up and expand to new markets

    August 16, 2022
    Memecoins rally as crypto market cools off

    Memecoins rally as crypto market cools off

    August 16, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Financial Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Metrics
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • Business News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com