Connect with us

Hi, what are you looking for?

Sports

Tokyo Olympics: FG to Reward Gold Medalists With $15,000

The Federal Government is set to give cash rewards of 15, 000 dollars, 10, 000 dollars, 7, 500 dollars for gold, silver and bronze medalists at the 2020 Tokyo Olympics respectively.

Simon Ebohdjaiye, Director, Federation and Elite Athletes Department (FEAD), Federal Ministry of Youth and Sports Development made the announcement on Tuesday in Tokyo.

He said the reward was an upward review from the initial amount announced due to the dedication of the athletes.

Advertisement. Scroll to continue reading.

Gold medallist will now be rewarded with 15, 000 dollars, while silver and bronze medal winners will each get 10, 000 dollars and 7, 500 dollars respectively.

“The earlier award is 5, 000 dollars for gold, 3, 000 dollars for silver and 2, 000 dollars for bronze,” he said.

RELATED :  Strike: Academic Activities May be Disrupted as ASUU Warns FG, Again

The Director said the gesture was to drive home the point that the Federal Government would always reward superlative performance.

The first recipients of the cash reward are Blessing Oborududu and Ese Brume after they won Silver and Bronze respectively.

Advertisement. Scroll to continue reading.
"As e dey hot"
FUEL YOUR CONVERSATION!
Get the latest Entertainment Gist & Scoops on a daily.
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More Stories

Education

The Academic Staff Union of Universities, ASUU, on Sunday said its National Executive Council would meet next week to weigh its options on whether...

News

Anthony Joshua’s reign as world heavyweight champion ended in London on Saturday after he was defeated by Oleksandr Usyk. Oleksandr Usyk is crowned as...

News

The Kwara State Command of the Nigeria Security and Civil Defence Corps has arrested one lsmail Saliu, 25, for allegedly conspiring with a herbalist...

Football

Manchester City took revenge for their Champions League final loss to Chelsea and secured a big three points in the early running for the...