The Nigeria Football Federation (NFF) has officially entered into a strategic partnership agreement with GTI Asset Management and Trust Ltd, as confirmed by GTI’s Media Officer, Andrew Ekejiuba, in a statement released on Thursday in Lagos.The ceremony held in Abuja is anticipated to enhance the commercial value of the FA Cup, Nigeria’s oldest domestic club competition, and secure sponsorship deals. Ibrahim Gusau, the President of the NFF, commended the GTI Group for their achievements with the NPFL and expressed optimism that the partnership would positively impact the development of the FA Cup.
Mohammed Sanusi, the NFF General Secretary, expressed delight about the partnership, emphasizing the NFF’s eagerness to revive the glory days of the Federation Cup. He stated, “This agreement has the potential to significantly improve the country’s football economy.”
GTI’s Group Managing Director, Abubakar Lawal, affirmed that the company’s expertise and experience would enhance the management of the FA Cup. He assured stakeholders that starting from the 2023/2024 edition, the structure and prize money of the FA Cup would be elevated.
Lawal stated, “We expect that between now and the first three years of this deal, the FA Cup would have been transformed into a very competitive tournament full of excitement and glamour.” He encouraged the investing public to consider investing in football through The Nigeria Football Fund (TNFF), registered by the Securities and Exchange Commission (SEC).
Established in 1945, the FA Cup is currently the primary football single-elimination tournament in Nigeria, involving over 2,000 teams across the 774 local governments of the Federation and FCT. GTI became a strategic partner to the Nigeria Premier Football League (NPFL) in 2022 and has since been dedicated to restructuring the elite league.
Quest: Emmanuel kelvin