FIFA set to axe NFF over audit report on $801,229 grant

By Femi Adefioye, Lagos
The world’s football governing body FIFA is set to axe the Nigeria Football Federation (NFF) over an audit report that indicted the body regarding funds collected for developmental purposes.
According to the report, the NFF is expected to refund any cash paid to them by FIFA for football development they could not account for, which is said to be in excess of $801,229.
The review which was done between August 16 to 18, 2016 by PricewaterhouseCoppers (PwC) said the money was spent without supporting documentation, like receipts, invoices and contracts.
FIFA have therefore warned that if the NFF could not provide adequate supporting documentation for the disbursements, it should make refund on sums unaccounted for.
The global football body also expressed displeasure with the unrestrained practice of cash payments, which they maintained should have been greatly minimised by the management of the NFF.
The outcome of the investigations revealed that as many as 19 issues were raised by the auditors.
This is coming just as the sports ministry has already demanded for an independent and full-scale audit of the books of the NFF caused by the litany of queries of how the FIFA grants were disbursed.
Sports minister Solomon Dalung has said he has yet to receive a detailed explanation from the NFF as promised in a communiqué after the federation’s Annual General Assembly in Lagos last week.

Facebook Comments

Check Also

Time to build a new world – Obiano

TIME TO BUILD A NEW WORLD… Being the text of the Acceptance Speech by the ...

Obiano set to be declared for 2nd term

Anambra governorship election results Posted By The Nation Idemili South LG 12 RAsb Registered voter ...