The Federal Government will invest the ₦100 million reward approved for each member of Nigeria’s victorious Flamingos squad in five-year savings bonds to secure their financial future.

Chairman of the National Sports Commission (NSC), Shehu Dikko, disclosed this after a presidential reception in Abuja for the team, following their historic triumph at the 2026 FIFA U-17 Women’s World Cup in Morocco.

Dikko said the bonds would yield annual interest of between 12 and 14 per cent, potentially providing each player with an estimated monthly income of ₦1.1 million while preserving the principal.

He explained that the initiative, approved by President Bola Tinubu, was designed to support the players’ education, further training and personal development while ensuring long-term financial security.

Describing the arrangement as an unprecedented way of rewarding young athletes, Dikko noted that the players would be adults by the time the investment matures.

He also reaffirmed the government’s commitment to fulfilling its reward promises to athletes, citing the prompt payment of entitlements to the Super Falcons and other national teams.

Meanwhile, Dikko disclosed that Premium Trust Bank and MTN, both Nigeria Football Federation sponsors, were planning additional receptions for the champions.

The National Assembly is also preparing to honour the Flamingos following their historic achievement.

Nigeria defeated Japan 2-1 in the final in Morocco to become the first African women’s team to win a FIFA global football title.

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