Sports

National Sports Industry Policy: Sports, Finance Ministers Constitute Technical Committee on Implementation

Published

3 years ago

March 7, 2023

The Sports and Youth Development Minister, Sunday Dare and the Minister of Finance Zainab Ahmed
have constituted the Technical Committee to work on the specifics of the incentives package approved in the National Sports Industry Policy passed by the Federal Executive Council on November 2, 2022.

The Committee will be chaired by both Ministers and will have representations from the following ministries and agencies;

i. Federal Ministry of Sports and Youth Development.

ii. Federal Ministry of Finance.

iii. Central Bank of Nigeria.

iv. Federal Inland Revenue Service.

v. Federal Ministry of Trade and Industry.

vi. Customs.

The Technical Committee is expected to work out the fine details of the fiscal incentives outlined in the policy, which emphasizes ‘Sports as business’, and also prepare grounds for more private sector participation in the sports sector.

The approval to apply the Renovate Operate Transfer(ROT), Build Operate and Transfer(BOT), Integrated National Financial Framework(INFF), Nigeria Integrated Infrastructure Master Plan(NIIMP) or any other innovative PPP financing model for the provision, rehabilitation of sports facilities in collaboration with the Ministry of Finance, Budget and National Planning is also a novel aspect of the policy.

The incentives as outlined are :
A) Tax exemption and rebate for a period of 5 years for investors in the value chain of sports.

B) Land provision and waiver for certain fees on lands meant for sports.

C) Single digit loan interest rates for corporate organisations and private individuals investing in the sports value chain.

D) Independent Government Grant through the establishment of an Independent Athletes Welfare Fund(AWF)from which athletes representing the country can draw support for education and trainings.

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Sports

Tangerine APT Pension Crowned New Kings of PFA Games 2025

Published

9 hours ago

November 30, 2025

The Gleamer

Joel Ajayi
Joel Ajayi Tangerine APT Pension stormed the 2025 Pension Fund Administrators Games and snatched the crown with a commanding 66 points—ending FCMB’s reign and announcing themselves as the new champions of corporate sporting excellence.

From the first whistle to the final scoreboard, Tangerine APT played like an organisation possessed. They dominated volleyball and snooker, showcased brilliant tactical depth to finish second in chess behind Norrenberger, secured second place in team bonding behind Premium Pension, and held their own across the board—fourth in football, sixth in table tennis, fifth in scrabble, and eighth in e-sports, press conference, discipline and grooming. Every point mattered, and Tangerine APT grabbed them with fire.

Defending champions FCMB, despite flashes of brilliance, simply could not summon last year’s magic.

They finished second overall with 63 points—just three points behind the new champions. FCMB were first in scrabble, second in football, third in table tennis and e-sports, fourth in snooker and team bonding, and fifth in volleyball, chess, and press conference/discipline/grooming. A brave defence, but not enough to stop the Tangerine wave.

Rounding off the podium is NPF Pension, finishing third with 57 points after a spirited campaign. They claimed gold in football, second in table tennis and e-sports, third in volleyball, fourth in scrabble, sixth in press conference/discipline/fanfare/most coordinated, seventh in chess, and eighth in snooker and team bonding.

The rest of the table saw fierce competition:4th – Norrenberger Pension: 52 points, 5th – Premium Pension: 47 points, 6th – NNPC Pension: 45 points, 7th – Access Arm: 41 points
In Others position 8th – Trustfund Pension: 29 points 9th – PENCOM: 28 points and 10th – NUPEMCO: 25 points.

With the dust settled and the cheers still echoing, one truth stands tall:Tangerine APT Pension has ushered in a new era—bold, dominant, and unforgettable.

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