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Sports Investors Get Tax Exemption, Single-Digit Loan in Nigeria

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sports investors in Nigeria

By Adedapo Adesanya

The Nigerian government has approved tax exemption and rebate for 5 years and a single-digit loan interest rate for sports investors under the National Sports Industry Policy (NSIP).

This was disclosed in a statement by the Federal Ministry of Youth and Sports at the end of the Federal Executive Council (FEC) meeting held on Wednesday.

The statement noted that the policy would also support athletes through an Independent Athletes Welfare Fund (AWF), adding that it was proposed by the Ministry of Youth and Sports Development.

“This approval was given during its meeting on Wednesday, bringing to a positive end the efforts of the Sports Ministry under the headship of Minister Sunday Dare to get the policy document in place for the administration of sports in the country,” the statement said.

Apart from the tax exemption and rebate for 5 years for investors in the value chain of sports, another recommendation includes the proposal of single-digit loan interest rates for corporate organisations and private individuals investing in the sports value chain.

Others include – land provision and waiver for certain fees on lands meant for sports, as well as Independent Government Grants through the establishment of an Independent Athletes Welfare Fund (AWF) from which athletes can draw support.

The move is expected to boost sports investments in Africa’s largest nation, which has an underdeveloped sports infrastructure and has led to underperformance.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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2022 National Sports Festival is an Opportunity for National Talents—Minister

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National Sports Festival

By Adedapo Adesanya

The Minister of Youth and Sports Development, Mr Sunday Dare, has said the level of preparedness of many states at the ongoing 21st National Sports Festival (NSF) signifies that the country is filled with talent.

According to the Minister, who spoke to pressmen at the opening ceremony of the event, “My sight and focus are on the 10 days as I am looking for talents to deploy into the national teams for the next Olympics, France 2024.

“My immediate concern is searching for young talents to represent Nigeria at international competitions.

“I thank the Delta State Government for the adequate preparations made for the Festival because they did not have the entire 24 months to be ready rather they had 16 months.

“A lot of credit should go to the government, which for me, is one of the highlights of the Games and also, all the participating states of the federation.”

“We have five states that have registered their intention to host the next NSF, so it will be interesting to see how the bidding process goes.

“Come December 10, when we will announce the winner, we will also announce the next host of the Festival, the best state will win,” Mr Dare concluded.

The Minister had handed the Delta State Governor, Mr Ifeanyi Okowa, the torch of unity on Tuesday in Asaba after it had previously toured the entire 36 states, including Federal Capital Territory, Abuja.

The torch commenced its movement after it was flagged off by President Muhammadu Buhari on Tuesday, October 25, 2022, at the Aso Rock Villa, Abuja.

Delta State won the last edition of the festival hosted by Edo State in 2021 for the sixth time in a row.

Team Delta topped the medals table after winning 158 gold, 116 silver, and 110 bronze.

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Highest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn

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Highest Paid Nigerian Footballer

Highest-Paid footballer from Nigeria

The phrase “Naija no dey carry last” has been evident in football recently as there has been an influx of Nigerian footballers playing abroad. Football is the most popular sport in Nigeria with millions of fans supporting their clubs abroad. Nigeria has always been a home of incredible football talents and with more amazing young footballers showing in recent years, the weekly wages of Nigerian footballers has been on a rise.

The huge wages being paid to Nigerian footballers isn’t a surprise as the impact of the players is evident in those teams. Aside from the high wages they earn, Naija footballers are being traded for a huge amount of money. In the summer of 2020, Victor Oshimen became the most expensive African footballer of all time as he joined Napoli from Lille for about $80 million-plus add-on. Hardly any top European league without a Nigerian footballer performing at a high level and earning huge wages. A good sign for the Super Eagles as the national squad is now full of top talents.

We have decided to go on an adventure to reveal the highest-paid footballers from Nigeria, who are also featured in the best football predictions bettors will find on Takebet Nigeria. We have searched all leagues where Nigerian players compete, from European leagues such as English Premier League, Spanish La Liga, Serie A, Ligue 1, Bundesliga to other top leagues.

Let’s dig into the list of the highest-paid footballers from Nigeria.

Odion Ighalo – Striker, Al-Hilal – $170,000 (last know)

Odion Ighalo is one of the most popular Nigerian players. The striker became the first Nigerian international to play for Manchester United after he joined the club on loan from the Chinese side Shanghai Shenhua in January 2020. Odion Ighalo scored five goals in 23 appearances before returning to Shanghai Shenhua at the end of his loan.

The Nigerian international joined Saudi Arabia’s Al Shabab from the Chinese Super League side Shanghai Shenhua in 2021. Ighalo scored 10 league goals in 19 appearances for Shanghai Shenhua. Odion made his debut in 2005 and moved to Europe in 2008 where he joined Udinese. The Nigerian international joined Watford during the 2014-15 and scored 36 league goals in 90 appearances for the club.

Odion Ighalo represented the Super Eagles during the 2018 World Cup. The Nigerian international holds the record for the most goals scored during a single Africa Cup of Nations with seven goals in 2019.

Ighalo earned $170,000 per week in Al Shabab. Odion Ighalo joins Al-Hilal, another Saudi football club, after the AFCON 2021. His salary in the new club is currently unknown, but the striker is sure to keep his #1 spot.

Victor Osimhen – Striker, Napoli – $110,000

Victor Osimhen is currently one of the best strikers in Europe. The Nigerian international has been amazing for Napoli this season after a slow start to life in the Italian Club. Victor Osimhen became the most expensive Africa striker in history after he joined Napoli from Lille for a fee of about $80 million in the winter transfer of 2020.

The Napoli striker has scored 19 goals in 45 appearances for the Italian side. Osimhen had an incredible rise to glory as he wasn’t able to join either Zulte Waregem or Club Brugge in his early days due to Malaria. Victor was in Nigeria’s under-17 team that won the 2015 FIFA U-17 World Cup. The Nigerian international won the Golden Boot in the tournament with 10 goals. He also won the Silver Ball award during the tournament.

Osimhen missed out on the 2018 World Cup squad. He made his debut for the national team in 2017. The Nigerian international made the squad for the 2019 Africa Cup of Nations and has been brilliant since then. He has scored 10 goals in 18 appearances for the national team.

Victor currently plays in Napoli and he earns $110,000 per week.

Wilfred Ndidi – Midfielder, Leicester City – $100,000

Wilfred Ndidi is currently one of the best defensive midfielders in the world. The Nigerian international has been incredible since he joined Leicester City from Genk in the winter transfer of 2017 for $20m. Ndidi has scored 10 goals in 196 appearances since he joined the club.

The Nigerian international won the most tackles in the Premier League (138) during the 2017-18 season. He also won the most tackles in the league in the following season of 2018-19. Wilfred Ndidi was an important player of the squad that won the 2020-21 FA Cup as they defeated Chelsea by a goal to nil.

Ndidi represented Nigeria during the 2016 Summer Olympics. He made the squad for the 2018 World Cup as they were knocked out in the group stage. Ndidi also represented the Super Eagles in the 2019 and 2021 Africa Cup of Nations. He has 47 caps for the Nigerian national team.

Wilfred Ndidi currently plays for Leicester City and earns $100,000 per week.

Kelechi Iheanacho – Striker, Leicester City – $80,000

Seniorman Kelz as he is widely regarded came into the limelight after an impressive outing during the 2013 FIFA U-17 World Cup. The Nigerian international won the Golden Ball award as the Super Eagles won the tournament. Iheanacho scored six goals during the competition as he won the Silver Boot.

Kelechi Iheanacho joined Manchester City in 2015. Iheanacho scored 21 goals in 64 appearances for Manchester City as he won the English Football League Cup. The Nigerian international joined Leicester City for a fee of about $30 million in the summer of 2017. Iheanacho was brilliant during the 2020-21 season as he scored 12 goals in the Premier League, overperforming his expected goals of 8.20.

Iheanacho represented Nigeria during the 2018 World Cup. The Leicester City striker also represented the Super Eagles during the 2021 Africa Cup of Nations. Iheanacho has scored 12 goals in 42 appearances for the national team.

Kelechi Iheanacho currently plays for Leicester City and earns $80,000.

Alex Iwobi – Midfielder, Everton – $68,000

Alex Iwobi started his club career with Arsenal as he joined the youth team in 2004. The Nigerian international made his senior debut in 2015 for Arsenal against Sheffield Wednesday.

Iwobi scored 15 goals in 149 appearances for Arsenal as he spent four seasons with the senior team. The Nigerian international joined Everton from Arsenal for a fee of about $45 million in the summer of 2019. Iwobi won the FA Cup and two Community Shields with the Gunners. The Nigerian international has scored six goals in 80 appearances for Everton.

Alex made his international debut for Nigeria in 2015 although he started as a youth international for England. The Everton player has scored nine goals in 53 appearances for the Super Eagles. Iwobi scored the winning goal against Zambia to secure a spot for the Super Eagles in the 2018 World Cup. He was featured in the 2018 World Cup as Nigeria was knocked out in the group stage.

Iwobi played for the Super Eagles in the 2019 Africa Cup of Nations. The Nigerian international was sent off in the Round of 16 of the 2021 Africa Cup of Nations as the Super Eagles suffered a 0-1 defeat to Tunisia.

Alex Iwobi currently plays for Everton and earns $68,000.

Victor Moses – Midfielder, Spartak Moscow – $56,000

Victor Moses was a popular player amongst Nigerian fans after he played a huge role in Chelsea’s Premier League triumph during the 2016-17 season. The Nigerian international started his club career in Crystal Palace before joining Wigan in 2010. Chelsea signed Moses in the summer of 2022 from Wigan. Moses went on loan to Liverpool, Stoke City and West Ham United before returning for the 2016-17 season.

The Nigerian international was converted to a right wing-back under Antonio Conte as Chelsea won the league. Moses was later loaned out to different teams such as Fenerbache, Inter Millan and Spartak Moscow. The latter club signed the player on a permanent basis in July 2021. Victor Moses scored 18 goals in 128 appearances while playing for Chelsea. He won the Premier League, FA Cup and two UEFA Europa League titles with the Blues.

Victor Moses scored 12 goals in 37 appearances for the Nigeria national team. The Spartak Moscow player was an important player in Nigeria’s 2013 Africa Cup of Nations triumph. Moses featured for the Super Eagles in the 2014 World Cup and the 2018 World Cup where he scored a goal in the 1-2 defeat to Argentina.

Victor Moses currently plays for Spartak Moscow and earns $56,000.

Moses Simon – Winger, Nantes – $40,000

Moses Simon was Nigeria’s best player during the 2021 Africa Cup of Nations. The Nigerian international started his senior club career with AS Trencin in 2014 where he scored 17 goals in 39 appearances before joining Gent in 2015. Moses scored 21 goals in 136 appearances with Gent as he spent four seasons at the club before joining Levante. The Nigerian international won the Belgian Pro League and Belgian Super Cup while in Gent.

Moses joined Levante on loan for the 2019-20 season with an option to buy. The deal was made permanent the following season as he signed a four-year deal. Moses has scored 17 goals in 85 appearances for Nantes.

Simon made his debut for the Super Eagles in 2015 against Uganda. He has scored six goals in 45 appearances for the national team. Simon represented Nigeria during the 2019 Africa Cup of Nations and the 2021 Africa Cup of Nations.

Highest paid Nigerian footballer FAQ

Who is the highest-paid footballer in Nigeria?

Odion Ighalo is the highest-paid Nigerian footballer. Ighalo joined Al Shabab from Shanghai Shenhua in January 2020 where he was being paid $402,000. The Nigerian international was the first player to play for Manchester United after he took a pay cut and received $200,000 to join the club on loan.

The Nigerian international was paid $170,000 in Al Shabab, and he is thought to stay in the same salary range in his new Saudi club, Al-Hilal, which he joins after the AFCON 2021.

Who is the richest Nigerian football player overall?

John Obi Mikel is the richest Nigerian footballer with a net worth of about $57 million. The Nigerian international is one of the greatest footballers in the country’s history. Mike Obi made his fortunes while playing for Chelsea in the Premier League. He spent 11 seasons at Chelsea where he scored six goals in 372 appearances for the club. Mikel won two Premier League titles, one UEFA Champions League, one UEFA Europa League, three FA Cup, one English Football League Cup and one FA Community Shield during his time at Chelsea.

Mikel Obi is currently a free agent after his contract with Kuwait SC was terminated just four months after joining the club.

Who is the most expensive footballer from Nigeria?

Victor Osimhen is the most expensive Nigerian footballer. Osimhen joined Napoli from Lille for a fee of about $80m in 2020 after scoring 18 goals in 38 appearances for the French club. The Nigerian international has scored 19 goals in 45 appearances for Napoli. Osimhen is being paid $110,000 per week in Napoli.

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Best Bingo Games to Play for Free

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Bingo games

Besides the usual game of bingo, there are other games that you can play. For example, there are the Blackout Bingo games and the Bingo Clash games. You can also play the Gala Bingo games. These are great games to play for free.

Gala Bingo

Located in the United Kingdom, Gala Bingo is one of the biggest names in bingo. Entain Plc, a leading betting company worldwide, owns it. It also operates sister sites, Ladbrokes Bingo and Foxy Bingo.

Gala Bingo features a variety of bingo games and slot machines. The site uses colorful bingo thumbnails and an appealing interface. It also has a wide range of deposit methods. There are also special promotions and bonuses available for certain occasions.

Gala Bingo also offers a mobile app. It’s available on Android and Apple devices. The app is identical to the desktop version. However, there are some slight limitations regarding the number of slots and games available.

Buzz Bingo

Having started as part of Gala Gaming, Buzz Bingo quickly became one of the most recognizable bingo sites in the UK. With a range of bingo rooms and games, Buzz Bingo offers plenty of options to suit both beginners and veterans. Despite its relatively short history, Buzz Bingo has received many accolades, including Best New Bingo Site at the WhichBingo Awards and Best Bingo Site at the BingoPort Awards.

Buzz Bingo boasts various bingo games, including the popular 90-ball and 75-ball variants. In addition to bingo, players can also play slots and scratch cards. Buzz Bingo also offers special rooms and promotions for existing players.

Bingo Clash

Whether you’re looking for a quick way to relax, a challenge to master, or a way to win cash, Bingo Clash has a lot to offer. It’s one of the most popular online casino games and has earned over 75,000 ratings in the Apple App Store. Bingo Clash is a fun game with a simple interface and rules. Players can win small prizes for free or play in tournaments to earn cash. The app also uses anti-cheating technology, which means developers constantly update the software.

While it’s free to download and play, players can earn tickets through bonuses, such as inviting friends to play. They can also use their tickets to win prizes or bank them for future use.

Bingo Tour

Whether you’re a seasoned Bingo gamer or a first-timer, Bingo Tour is a game you will enjoy. It’s a skill-based game that allows you to win real cash prizes.

Bingo Tour is a Bingo game app that is free to download and play. The app features high-quality visuals and smooth gameplay. You can play free or enter paid tournaments to win real cash prizes.

Bingo Tour offers a variety of in-game power-ups that can give you an advantage over your opponents. For example, the “DAUB IT” power-up allows you to daub any square you choose. This feature will speed up your winnings and help you claim your Bingos fast. You can also gain a “GIMME MORE” power-up to see the following number earlier.

Bingo Win Cash

Among the many games available on the market, Bingo Win Cash is one of the most popular and has a good reputation. In fact, the app has a 4.5-star rating on the iOS app store and has gotten a lot of positive feedback from players.

While the app is free to download, it offers a paid play mode that will allow you to earn money. You can also earn points that can be used to purchase items in the game.

You can also play in tournaments. These tournaments are head-to-head matches against other players on the same level. The tournament winner wins the entry fee plus a share of the prize pool. Depending on the size of the tournament, the prize can range from a few dollars to a few hundred dollars.

Zhu Bangqing’s Jackpot Bingo

Besides being a social experience, the Best Bingo Games to Play for Free also have the potential to reward you with cash. The jackpot is much bigger than you might think, and if you know how to play the game correctly, you can snag some big bucks.

You can play Bingo Clash, a fun mobile game, or try out Bingo Clash online for free. The app features real-money prizes as well as skill-based online competitions. It also has a great selection of match modes, so you can find something to suit your game-playing style.

Blackout Bingo

Whether you’re looking for a free online game that will improve your skills or you want to win a few bucks in pocket change, Blackout Bingo is a fun way to play. And you can even earn a few extra points just for hitting bonus spots!

Blackout Bingo is a fast-paced game. You play a match against another player, and your goal is to get more points than they do. You can also earn bonus cash and win real-world prizes. The game also features a free practice round to get your bearings before putting up the money.

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