Monday, May 23, 2022

Tokyo 2020 Olympics: FG To Reward Nigerian Gold Medalists With $15,000

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The Federal Government of Nigerian has announced that any Nigerian athlete at the ongoing Tokyo 2020 Olympics to win a gold medal will get a cash reward of $15,000, while a Silver medalist will get 10,000 dollars and a bronze medalist will get $7,500 respectively. Tokyo 2020 Olympics

Simon Ebohdjaiye, Director, Federation and Elite Athletes Department (FEAD), Federal Ministry of Youth and Sports Development made the announcement on Tuesday in Tokyo.
He said the reward was an upward review from the initial amount announced due to the dedication of the athletes.
READ ALSO: Tokyo 2020: Ese Brume Wins Nigeria’s First Medal At The Olympics
“Gold medalist will now be rewarded with 15, 000 dollars, while silver and bronze medal winners will each get 10, 000 dollars and 7, 500 dollars respectively.
“The earlier award is 5, 000 dollars for gold, 3, 000 dollars for silver and 2, 000 dollars for bronze,” he said.
The Director said the gesture was to drive home the point that the Federal Government would always reward superlative performance.
The first recipients of the cash reward are Blessing Oborududu and Ese Brume after they won Silver and Bronze respectively.
READ ALSO: Tokyo 2020 Olympics: Blessing Oborududu Wins Silver, Gets Nigeria’s 2nd Medal

Watch our trending video of the day below;

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Photo Credit: Getty

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