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FG to give Team Nigeria Gold medalists $15000



Team Nigeria’s winning prize for a gold medal at the ongoing Tokyo 2020 Olympics in Japan has been increased from $5,000 to $15,000. This development was announced after Blessing Oborodudu and Ese Brume won a silver and bronze medal respectively.


According to the new direction, each gold medal athlete will now get $15,000 (N7, 575, 000). While a silver and bronze medal athlete will smile home with $10,000 (5, 050, 000) and $7,500 (3, 787, 500) respectively against the $3,000 and $2,000 per medal earlier promised the athletes.


Making the announcement yesterday in Tokyo, Director, Federation and Elite Athletes Department (FEAD) of the Ministry Youth and Sports Development, Dr Simon Ebohdjaiye, says the gesture is in appreciation of the impressive and historic performances put up by the athletes.


“The gesture is to drive home the point that the Federal Government rewards superlative efforts. Gold medallists will now be rewarded with $15,000 while silver and bronze medal winners will each get $10,000 and S7,500 respectively. The earlier award is $5,000 for gold, $3,000 for silver and $2,000 for bronze,” ,” the Director said. “


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