NFF, Premium Trust Bank seal 4-year N300m deal

Published

Wednesday, August 14, 2024 at 09:33 AM

Written by Temple C. Barrah

NFF, Premium Trust Bank seal 4-year N300m deal

The Nigeria Football Federation on Tuesday signed Premium Trust Bank as the Official Bank of the NFF and the National Teams, at a colourful ceremony in, Abuja.


President of NFF, Alhaji Ibrahim Musa Gusau MON, revealed that the agreement will run for four years during which the financial institution will pay the football-ruling body the sum of N300 Million annually (with a built-in clause for a 10% increase every year) and thanked the organization for its significant support and encouragement of Nigeria sports in less than three years of its existence.


“We are excited to be associated with Premium Trust Bank because of its credible, close relationship with sports over its less-than-three-year life in the financial sector. During our interactions leading to the signing of this agreement, I was moved by the palpable enthusiasm and commitment of the organization to supporting and encouraging Nigerian youth from the grassroots to stardom.”


Managing Director/CEO of Premium Trust Bank, Mr. Emmanuel Emefienim CON, enumerated the corporate entity’s support for sports since its birth, including partnership with the Athletic Federation of Nigeria; support for Nigeria’s world record holder in the women’s 100m hurdles Tobi Amusan; sponsorship of the 2022 National Sports Festival in Delta State; support for Bayelsa Queens in its CAF Women Champions League campaign in Morocco and; sponsorship of the 2024 Abuja Half Marathon, among others. The bank, which prides itself as “a leading 21st-century financial institution providing innovative solutions, which impact its customers and communities to make a positive difference in their world,” is also billed as the official sponsor of this year’s National Sports Festival in Ogun State.



“We have been very deliberate in our support for sports because we are deliberate when impacting lives. Our belief is that the private sector has a role to play in providing a platform for the youth to showcase their positive talents and be useful to themselves and the nation, thereby supporting the efforts of the government.


“We recognize football as a strong unifying factor in a highly diversified nation like ours. Supporting the NFF and football to identify talents from the grassroots and nurturing them to stardom, and thus contributing to national development, is a clarion call that we have heeded and are stoutly committed to. I believe our coming into this space will definitely take Nigeria Football to new heights of excellence.”


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Gusau used the opportunity to assure Nigerians that his administration is wholly committed to improving Nigeria Football in all facets, and stated that “while celebrating the coming of Premium Trust Bank which is the first huge partnership that we are signing, we call on credible corporate entities like the bank to come forward and support the Nigeria game.”


Also, present at the occasion were the Chairman of the NFF Technical and Development Sub-Committee, Alhaji Sharif Rabiu Inuwa; the Chairman of the NFF Security Sub-Committee, Alhaji Babagana Kalli; NFF General Secretary, Dr Mohammed Sanusi MON; PTB’s Executive Director, Mr. Shina Atilola; NFF Director of Finance & Admin, Paulinus Anameje; NFF Head of Audit, Mathew Iyere; NFF Head of Marketing and Sponsorship, Alizor Chuks; PTB’s Chief Business Officer, Uloma Chukwueke; PTB’s Chief Legal Officer, Chukwuemeka Nwaogu; NFF Head of Protocol, Barnabas Joro; NFF Chief Legal Officer, Barr. Queen Otarakpo; SA to NFF President, Danladi Umar; Peter Tade Adekunle and; Dennis Olorungbemi.


Edited By: Chinedu Eze

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