SPORTS minister Solomon Dalung has ordered an audit of the finances of the Nigeria Football Federation (NFF) after world football governing body Fifa suspended the payment of its annual grant.
Nigeria gets an annual grant from Fifa and according to the international federation, the NFF is yet to account properly for $1.1m that it has been paid. Not happy with the account, Fifa has stopped the grant and Mr Dalung has responded with a scathing speech about the rot within the NFF in his speech during Sunday’s Annual General Assembly in Lagos.
Mr Dalung said: “I received a report from the NFF intimating me of Fifa’s audit report which raised queries on the management of Fifa’s $1.1m development grant to the NFF. According to the report, Fifa has withheld all development funds to Nigeria for lack of proper documentation of $802,000 out of the funds released to NFF.”
“This is a very serious issue that must be given urgent attention to avoid another international embarrassment, more so that the present administration under the leadership of Mr President, His Excellency, Muhammadu Buhari has zero tolerance for any act of misappropriation, misapplication, embezzlement or fraud in any guise. To this end, the NFF is directed to immediately provide to my office with detail information of receipt, disbursement and application of the FIFA development grant accordingly.”
He added that a reputable audit firm should be appointed urgently to check the account books of the federation to ensure that funds are judiciously expended. According to Mr Dalung, the audit report must be made public so as to promote transparency, build credibility and enhance your market value.