President Bola Tinubu has rewarded each player of the world champion Flamingos team with a N100 million Federal Government savings bond.
President Bola Ahmed Tinubu has rewarded every single player of Nigeria’s victorious Under-17 women’s national football team, the Flamingos, with a N100 million Federal Government savings bond following their historic triumph at the FIFA U-17 Women’s World Cup in Morocco.
In addition to the grand reward for the teenage players, the President also approved a cash reward of N100 million for the team’s head coach, Akeem Busari, while each member of the technical crew will receive N50 million in cash.
The announcement was made on Wednesday, November 11, 2026, during a grand presidential reception organized at the Banquet Hall of the State House in Abuja.
The First Lady, Senator Oluremi Tinubu, represented President Tinubu at the event to welcome the world champions home after they defeated Japan 2-1 in the final match in Morocco to become the first African nation ever to win the FIFA U-17 Women’s World Cup trophy.
Speaking on behalf of the President to praise the young girls for bringing global glory to Nigeria and the entire African continent, First Lady Senator Oluremi Tinubu stated:
“Before I conclude, let me recall Mr President’s promise to every Nigerian athlete: Make Nigeria proud and come back to a grateful nation.”
Praising the young team’s bravery, discipline, and outstanding performance throughout the international tournament, the First Lady added:
“You have given millions of young Nigerian girls a reason to believe in their dreams, demonstrating that talent, hard work, and determination can open doors to the biggest stages in world sport.”
Explaining why the N100 million given to each player was structured as a five-year Federal Government savings bond rather than instant cash, the Chairman of the National Sports Commission (NSC), Shehu Dikko, stated that the financial arrangement is designed to protect the young players’ future so they do not misuse the large funds at a young age.
Clarifying how the investment bond will work for the young players’ financial future, Shehu Dikko explained:
“There is no need to flood them with money that can distort their career. So we are now giving them what we call an FGN savings bond for like five years.”
He further added that the five-year investment is expected to yield between 12% and 14% interest per year, generating approximately N1.1 million in monthly interest payout for each player to support their education, training, and personal care while preserving their main N100 million capital until they reach adulthood.
The presidential gift comes just one day after the Nigerian Senate also pledged a separate N100 million token to the team.
Jennifer Baba is a journalist, international news correspondent, and writer at Moderncrux, where she covers artificial intelligence, fintech, emerging technologies, global politics, and international affairs. Based in Nigeria, she is passionate about transforming complex global developments into clear, engaging stories that inform and inspire readers.
