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Each Flamingos player will receive a ₦100 million five-year Federal Government Savings Bond following Nigeria’s historic triumph at the 2026 FIFA U-17 Women’s World Cup in Morocco.
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Head coach Akeem Busari will also receive a ₦100 million reward, while members of the technical crew are set to receive ₦50 million each for their contributions to the team’s historic achievement.
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The savings bonds are expected to attract between 12 and 14 percent annual interest, with each player projected to earn approximately ₦1.1 million monthly over the five-year period before accessing their principal at maturity.
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First Lady Oluremi Tinubu announced the presidential reward at the Presidential Villa in Abuja, a day after the Nigerian Senate pledged a separate ₦100 million donation to the Flamingos for becoming the first African nation to win the FIFA U-17 Women’s World Cup.
November 11, (THEWILL) – The victorious Flamingos players have been rewarded with a ₦100 million five-year federal government savings bond each following their historic triumph at the 2026 FIFA U-17 Women’s World Cup in Morocco on Saturday.
The reward is in recognition of the team’s record-setting achievement in becoming the first African nation to win the FIFA U-17 Women’s World Cup following a 2-1 win over Japan in the final.
It was announced by First Lady Oluremi Tinubu on Wednesday when she received the victorious team and their officials at the Presidential Villa in Abuja on behalf of President Bola Tinubu.
Each player is to receive ₦100 million, while the head coach will also receive ₦100 million and members of the technical crew will get ₦50 million each.
The N100 million savings bond reward for each player is a measure aimed at securing their financial future and preventing them from being overwhelmed by access to huge sums of money.
The funds will be kept in trust for the young footballers in designated banks, and they will have access to them after five years.
According to Shehu Dikko, chairman of the National Sports Commission (NSC), the bonds are expected to attract between 12 and 14 per cent annual interest, with each player expected to receive approximately N1.1 million monthly over the five years.
He said: “These are young kids, under 17. There is no need to flood them with money. That can destroy their career. So we are now giving them what we call an FGN savings bond for like five years.
“By the time those bonds mature, they are already adults. They can make a clear decision on what to do with their own money.”
However, the coach and members of the technical crew will receive their rewards instantly.
Oluremi said the country was proud of the players.
The presidential reward comes a day after the Nigerian Senate announced a separate ₦100 million donation to the Flamingos in recognition of their historic achievement.
The Flamingos became the first African team to win the FIFA U-17 Women’s World Cup.
READ ALSO:
What You Need To Know About Federal Government Savings Bond
A Federal Government Savings Bond (FGN Savings Bond) is an investment issued by the Federal Government of Nigeria through the Debt Management Office (DMO).
It allows Nigerians to lend money to the government for a specified period and earn interest in return.
In simple terms, you invest your money with the Federal Government, receive interest at an agreed rate, and get your original investment back when the bond matures.
It is designed particularly for individuals who want a relatively safe way to save and earn returns on their money.
You invest your money with the Federal Government, receive interest at an agreed rate, and get your original investment back when the bond matures.
It is designed particularly for individuals who want a relatively safe way to save and earn returns on their money.
Tinubu Rewards Flamingos Players With ₦100m Each For World Cup Triumph
President Bola Tinubu has rewarded Nigeria’s U-17 women’s team, the Flamingos, with ₦100 million savings certificates each at GTBank following their victory at the FIFA U-17 Women’s World Cup.
The team’s coach will receive ₦100 million in cash, while each member of the technical crew will get ₦50 million in cash.
The rewards were announced by First Lady Oluremi Tinubu on behalf of the President.
Credit | TVC News
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— THEWILL NEWSPAPER (@THEWILLNG) November 11, 2026
