Basketball

NBBF assures sponsors of maximum mileage

Published

6 years ago

September 15, 2019

…meets Andre Ighoudala

In the light of the continued successes of its National Teams on the international scene, the Nigeria Basketball Federation has assured prospective sponsors of media mileage and global business exposure.

The federation, through its Vice President, Babatunde Ogunade said this on Friday during a meeting with Afro-American basketball superstar, Andre Ighoudala who is on an official trip to Nigeria.

According to Ogunade, the Nigeria Basketball Federation is leaving no stone unturned in boosting its financial capacity as relying on government as its sole financier is not sustainable in the long term.

Ogunade who in the company of fellow board members, Felix Awogu and Oni Afolabi said it was high time sponsors identified basketball as one of the key federations capable of positively exposing their brands to the global market.

“Since we took over in 2017, we have continued to enjoy unimaginable successes on the global stage. D’Tigress have won two Afrobasket titles, gotten to the quarter final of the World Cup while the men won silver medal at the 2017 Afrobasket, first country in the world to qualify for the World Cup as well as finishing as the best African team at the just concluded World Cup to pick the 2020 Olympics ticket.”

“The 3×3 teams have conquered Africa, been to the World Cup and are a strong force to reckon with. Today, I can boldly say basketball is one of the fastest growing sports in Nigeria.”

Sequel to the new found status of basketball on the global stage, the NBBF believes private investors have a lot to gain in terms of media exposure if they partner with the federation.

“All eyes are on our national teams while the global media buzz around the teams have continued to increase. Investors, partners and sponsors have a lot to gain.”

“We have so many grassroots programs, Men’s Divisions one and two, the Zenith Women League and the Men’s Premier League that are in need of attention.”, Ogunade said.

In his response, Ighoudala who has won three NBA titles with the Golden State Warriors as well as the 2010 FIBA World Championship and the 2012 Summer Olympics titles with USA praised the performance of the D’Tigers at the World Cup.

“Congratulations on the qualification for the Olympics. I monitored the performance of the team in China and I was impressed by this amazing team. I also heard about the women’s team which also won the 2019 title. These achievements are commendable.”

Currently on the books of Memphis Grizzlies, the Silicon Valley investor and Jumia Nigeria, Ighoudala assured the federation that he will look at possible ways to partner the federation in growing basketball in Nigeria.

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Basketball

RMAFC Reaffirms Commitment To Boost Revenue Generation From Mining Sector

Published

2 weeks ago

October 16, 2025

The Gleamer

Joel Ajayi

In line with its commitment to bridging the gap in the remittance of revenue generated from the mining sector into the Federation Account, the Revenue Mobilization Allocation and Fiscal Commission organised a sensitization workshop on the new template for data rendition in Enugu for the South East Zone on Thursday 16th October, 2025.

Speaking at the occasion, Chairman of the Commission Dr. Mohammed Bello Shehu reaffirmed the commitment of RMAFC to bridging the gap in the data remittance of revenue generated from the sector into the Federation Account.

“It has been established that despite the extent of activities going on in the Country’s mining sector, it contributes only a negligible amount to the Federation Account, largely due to the lack of proper and effective monitoring of mining activities. Hence, it is the intention of the RMAFC to work assiduously in order to ensure that all revenues due to the Federation Account from the mining sector are promptly remitted into the Federation’s distribution pool account as at when due.” He said.

The Chairman who was represented by the Federal Commissioner representing the Federal Capital Territory in the Commission, Ambassador Ayuba Jacob Ngbako stated that the new data rendition templates were designed to capture and manage relevant data with regards to specific measurement of quantity of minerals produced, producing companies and their locations, particular licenses, fees and permits paid by mining companies. According to him, if the data is properly managed and utilized, it will go a long way in ensuring that mining operations and revenues therefrom are effectively tracked and accounted for.

Dr. Shehu emphasized the imperativeness of the new data rendition template given the current economic difficulties the country is going through. He added that the perpetual over dependence on hydrocarbon sources of revenue, which is often plagued by the vagaries of the international oil market in addition to other reasons such as the problems of pipeline vandalism and oil theft underscores the determination of the President Bola Tinubu led administration to harness revenue potentials from other sectors of the country’s economy such as the solid minerals, agriculture, manufacturing and the blue economy.

In his goodwill message, the Executive Governor of Enugu State His Excellency Governor Peter Mbah, who was represented at the occasion by the Honourable Commissioner of Energy and Mineral resources of the state, Honourable Franklin Ogbonna described the new template as a significant step towards building a reliable framework for revenue monitoring and proper resource allocation framework. He added that accurate data is the foundation of sound policy formulation and effective revenue management. ” It enables both the Federal and State Governments to assess real production figures, close leakages, and ensure that due revenues are remitted for the benefit of all Nigerians.” He said.

The governor further said that the initiative aligns perfectly with the drive to reposition the solid minerals sector as a key contributor to the internally generated revenue and economic diversification agenda of the state.

In his welcome address, the Federal Commissioner representing Enugu State in the Commission, Honourable Ozo Obodougo Obumneme stated that the exercise was primarily aimed at ensuring the existence of a platform for independent data source for the Commission which will be free of summation errors and could be used for comparison as advanced information for attribution purposes.

The Commissioner for Solid Minerals in Ebonyi State, Honourable Onyia Emmanuel, Honourable Commissioner of Petroleum and Mineral Resources in Abia State, Prof Joel Ogbonna, Honourable Commissioner for Local Government in Anambra State, Honourable Tony Nwabuno and the Permanent Secratary Ministry of Industry, Mines and Minerals in Imo State, Mrs Obialor Angela all praised the initiative in their goodwill messages.

The sensitisation exercise scheduled to be held in the six geopolitical zones of the country, which commenced on the 7th of October 2025 in Abuja, was followed by the one organised in Asaba Delta State for the South – South region on the 13th of October, 2025.

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