The Nigeria Football Federation said it expect to rake in over 7 billion Naira (about $35 million) in 2016 with more than 90 per cent coming from government subvention.
The government will finance the NFF sporting activities for the new year to the tune of 5.8 billion Naira with an additional 324 million Naira for recurrent expenditure and 183 million Naira for capital expenditure, africanFootball.com reports.
Sponsorship will contribute 792 million Naira to the NFF earnings.
The major sponsor of the NFF is telecommunications company – Globacom, who pays 385 million Naira a year, followed by alcoholic beverages manufacturer – Guinness with 290 million Naira.
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