Urgent.News

What's breaking now, across thousands of outlets.

World

Gusau resignation: N12bn NFF intervention fund probe ongoing, says EFCC

The Economic and Financial Crimes Commission has confirmed that its investigation into the utilisation of the N12bn Federal Government intervention fund released to the Nigeria Football Federation is ongoing. The EFCC spokesman, Dele Oyewale, disclosed this while responding to inquiries on Thursday. “Investigation is ongoing on the matter,” Oyewale said. The development follows reports that Read…

Gusau resignation: N12bn NFF intervention fund probe ongoing, says EFCC

The Economic and Financial Crimes Commission (EFCC) has announced that it is currently investigating allegations surrounding the utilization of an N12 billion intervention fund allocated to the Nigeria Football Federation (NFF). The investigation, which is ongoing, is being led by the EFCC and the Independent Corrupt Practices and Other Related Offences Commission.

Details of the investigation have not been disclosed, except that some officials linked to the fund have been invited and have provided statements to investigators. The development follows President Bola Tinubu's approval of the fund in 2024 to clear outstanding wages and bonuses owed to players of Nigeria's national football teams.

The news comes as President Bola Tinubu's administration has witnessed a series of leadership changes at the NFF, with its President, Ibrahim Gusau, announcing his resignation after three years and eleven months in office.

Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at punchng.com →

More in World

More from Friday 28 August →