Sports
Stadium building or renovations cost: a global perspective starting from Nigeria :
National Stadium, Abuja (Nigeria) – $360 Million
1.This ultra-modern modern sports complex cost $360 million and was opened in 2003 ahead of the 8th All Africa Games. In fact, it is among the world’s 50 most expensive stadiums. The stadium is home to the Nigerian National Football team.
Envisioned as a national sports stadium, Abuja National Stadium cost a reported $360 million in 2003 almost 20 years ago. It was designed to accommodate 60,491 spectator seats.
12 years ago. Julius Berger have a bill of N1.2billion naira for the yearly maintenance of the Moshood Abiola stadium. Abuja. The FG rejected the bill as too High. For the each year we do not maintain that stadium the bill increases.
Now do the maths. Surulere National stadium Abandoned and unmaintained for 17 years. Calculate how much will be needed.
2.Wembley Stadium : How much did it cost to rebuild Wembley Stadium? The stadium was built by Australian firm Multiplex at a cost of £798 million (£1.27 billion today). Two partially retractable roof structures over the east and west ends of the stadium can be opened to allow sunlight and aid pitch growth.
3.Real Madrid stadium- 81,000 seat stadium. Real Madrid’s stadium renovation is costing $700 Million Dollars.
4.Facts : Republic of Maldives National Stadium -12,000 capacity. Will cost close to $25M. Work just started last week.
National Stadium Surulere Lagos. 45,000 capacity. Renovations and upgrade estimates given is 41million US Dollars. Do the math.
5.Average global estimates for stadium renovations and upgrade range between 400M dollars to 678M dollars.
6.London: A solid example to dive into is the new Tottenham Hotspur Stadium in London, with building started in 2013 and finally completed six years later in 2019.
The Premier League’s Tottenham Hotspur opened a brand new state-of-the-art, 61,000 seat stadium. It has all of the best amenities and is located in London, England.The project cost an astronomical $1.4 billion.
7.Standard year for a stadium before major renovations is 30 years. Surulere National Stadium is 51 years old. Left unmaintained for 18 years. Asking for just 21B. That is 43Milliom dollars.
Basketball
Airwarrior Basketball Club Chairman, Celebrates Sallah with Journalists in Abuja
The event, filled with camaraderie and appreciation, provided an opportunity for Alhaji Solademi to acknowledge the vital role of the media in national development and the promotion of sports in Nigeria.
In a warm gesture of unity, oneness, togetherness and goodwill, the Chairman of Air Warriors Basketball Club, Abuja, Alhaji Abddulmajid Solademi, hosted a group of Basketball Journalists on Saturday at his residence in celebration of the Sallah festivities in Abuja.
The gathering that shows the importance of love, peace, and unity values which is crucial not just for the advancement of basketball, but for the overall progress of the nation.
However, the Sallah is a time to reflect on our shared humanity,” he said. “It’s a moment to support one another and to uphold the values that bring us together, rather than divide us.”
Guests at the event shared stories, enjoyed meals, Asun Rice, Oriental rice, Jollof Rice, Swallow in variety with a lot of drinks that mede them to engaged in meaningful discussions on the development of sports in Nigeria, with a special focus on grassroots basketball.
Many attendees praised Solademi for his unwavering support for the sporting community and his ongoing commitment to using sports as a powerful tool for youth empowerment and social transformation.
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