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Revealed! NFF Pockets N198Million, Shares N90Million for CHAN Eagles, Coaches

Super Eagles, Nigeria

A total of N90Million has been designated to be shared among the Super Eagles B, (Players & Coaching Crew) for the just concluded Africa-Nations Championship (CHAN) hosted by Morocco.

The Nigeria Football Federation (NFF) coughed out the N90Million from the $750,000 prize money the Super Eagles B, earned after emerging the first runner of the just concluded 5th edition of the African Nations Championships (CHAN) in Morocco.

The $750,000 prize money is about N252, 000, 000; 00k were converted to Nigeria’s currency and the N90Million is about 30% of the staggering sum.

Meanwhile, Nigeria also got a participation fee of $100,000 from this year’s edition – which is about N36 Million when converted to the country’s currency – alongside all the 16 participating countries.

Morocco, which hosted and emerged the winner, pocketed a staggering US$2.5 million in prize money, which represents a 67% increase from $750,000 awarded to winners of the previous editions.

 Nigeria, which emerged the first runners-up, walked away with $700,000, a 75 per cent increase from $400,000, while the semi-finalist took home $400,000, an increase of up to 60 per cent.

 The increase in prize money came months after the Confederation of African Football (CAF) signed a sponsorship agreement with French oil giants, Total.

A Nigeria FA officials had confirmed the payment will be made as promised the team.

” This is besides the match bonuses they have received for going all the way to the championship game in Morocco.”

The Eagles are due to arrive Lagos early on Tuesday morning via a direct flight from Casablanca.

The Eagles will also be hosted by the Lagos State Government when they arrive the Country from Morocco.

Nigeria Coach, Salisu Yusuf has attributed his team’s capitulation in the final of the CHAN against Morocco to the injuries to key players.

Nigeria lost in the CHAN 2018 final to Morocco 4-0, but the team had impressed – progressing beyond the semi-final for the first time in three editions.

The Super Eagles B, managed only one shot on target in the game and played with 10-men for 42 minutes after defender Moses Eneji was sent off in the second-half with the scoreline at 1-0 at the time.

In his post-match presser, Yusuf credited Morocco as worthy winners and added that the red card to his team also didn’t help the side.

However, a cross-section of Nigerian football enthusiasts on Monday hailed the home-based Super Eagles for their performance at the 2018 African Nations Championship (CHAN), saying the players surpassed their expectations.

They said while the Eagles were defeated convincingly in the match, they deserved commendation for their overall performance.

Tunde Popoola, the Secretary-General of Nigeria Olympic Committee (NOC), said the Super Eagles surpassed his expectations and against all odds, adding that they were already “winners’’ even before Sunday’s match.

“These CHAN Eagles have truly exemplified the Nigerian spirit — never acknowledging defeat even in the face of it.

“The equaliser against Angola, which came in the second minute of added time in the quarter-finals, showed this. Their resilience with 10 men against Sudan in the semi-finals magnified this and it had to take something special to defeat the Sudanese.

“They had lost key players like their inspirational goalkeeper and captain Ikechukwu Ezenwa, Sunday Faleye, Ifeanyi Ifeanyi, among others, coming into the final and so it was always going to be a difficult game for the Eagles.

“To be honest, even though I would have been happier if they had won the tournament, I didn’t expect anything much from the team in the final because I was already satisfied with what they had achieved so far,” he said.

The Chairman, FCT Football Association, Musa Talle, said so many factors militated against the Super Eagles, but their courage and passion to succeed against all odds were highly commendable.

“Their preparation before the tournament was below par compared to their counterparts and so much was not expected of them.

“But they defied all odds to reach Nigeria’s first-ever final at the championship and this to me is highly commendable,” he said.

Talle, however, said the final match against the hosts was a “no-contest’’, noting that everything went in favour of the Atlas Lions.

He said the Moroccans were better prepared and more familiar with the pitch where they had played all their matches.

“Coming against the hosts was never going to be easy, especially with the 12th man (the crowd) who were raucous as the stadium was painted red. That is North African football passion for you.

“There were lasers being flashed from different corners into the eyes of the players, and the referee as well as our boys were under pressure.

“Even the weather didn’t help our cause as it was entirely different from what our boys were used to. The rain kept pouring down and made it difficult for the Eagles to play their game on a soaked and slippery pitch.

“It, however, fitted well with the Atlas Lions’ style of play who were more familiar with the terrain as they punished every defensive error made by the Eagles.

“Also, the loss of Peter Moses in the early part of the second half made the matter worse as the hosts made the most of their numerical advantage,” Talle said.

An ex-international, Emmanuel Babayaro, said the overall performance of the team was commendable, adding that some of the home-based players showed that they deserve a place in the World Cup squad.

“I celebrate the lads. I’m not happy with the final scoreline, but I understand misfortune played a part, and ineptitude too.

“But, then, there are a lot of positives to take out from the championship. It was our best ever CHAN outing and we can build on this achievement.’’

Babayaro, who was a former national goalkeeper, also noted that the two goalkeepers at the tournament performed relatively well.

Succinct to also note that as part of the increment deal, the CAF Champions League, which previously had $1.5 million prize money, now onwards will use $2.5 million through 2020, while CAF Confederation Cup will have an increase of almost 90% with the winners taking a total of US$1.25 million against $660,000 previously won.

The CHAN 2016 edition, hosted in Rwanda, saw Amavubi, who reached the quarter-finals, pocket $175,000, a position that now fetch $300,000.

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Opeifa Defends Rail Reforms, Unveils Nationwide Expansion Roadmap

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Opeifa maintained that derailments are not peculiar to Nigeria, noting that such incidents occur across advanced rail systems globally.

“Derailments are regular occurrences in the rail sector worldwide. In February alone, there were incidents in countries like Britain and others. Around the same time we experienced one, there were multiple derailments across the world,” he said.

He disclosed that in 2025, Nigeria recorded three major derailments:
• August 26 at Asham in Kaduna State
• November 1 at Abraka on the Warri–Itakpe line
• November 8 at Agbor on the same corridor

He said the NRC responded swiftly, restoring services within 24 hours in one case, while others were resolved within 21 and 28 days respectively.

Opeifa stressed that derailments can result from factors such as weather conditions, signal glitches, human error, speeding, or aging infrastructure, but noted that in Nigeria’s recent cases, there were no fatalities.

“These incidents are preventable and efforts are ongoing to minimize them. However, they should not be seen as major setbacks to the overall progress of the railway system,” he said.

On Allegations of Mismanagement

Addressing allegations of financial mismanagement within the corporation, Opeifa declined detailed comments, citing ongoing legal processes.

“When a matter is in court, it is sub judice. Allegations of corruption or mismanagement should be handled by the appropriate authorities,” he stated.

He reiterated that his priority is to reposition the NRC in line with global best practices and ensure efficient rail services for Nigerians.

Expansion, Upgrades and National Connectivity

The NRC boss said efforts are underway to restore damaged coaches and upgrade infrastructure using local engineers and technicians.

“We are bringing back the lines and retrofitting coaches. The Warri–Itakpe line is operational. The Abuja–Kaduna line is running, and we are increasing trips from two to three,” he said.

On long-term plans, Opeifa disclosed that the NRC roadmap envisions rail connectivity across major cities nationwide, subject to funding and phased execution.

He dismissed claims of abandoned projects, explaining that rail developments are capital-intensive and implemented in phases based on available resources.

He cited progress on the Lagos–Ibadan corridor—part of the larger Lagos–Kano project—as well as ongoing work on the Kano–Maradi line linking key northern cities.

Lagos–South-East, Port Connections in View

Opeifa also highlighted plans to expand connectivity between southern ports and inland cities. These include proposed links from Warri to Abuja and from Lekki Deep Sea Port to Kajola, Benin, Onitsha, and Aba, enabling both passenger and cargo movement.

Toward Modern Signaling and Faster Trains

On modernization, he said Nigeria is gradually upgrading from older narrow-gauge systems to standard-gauge infrastructure with improved signaling technology.

He noted that metro rail projects in Kaduna, Kano, and Lagos are being developed with higher signaling standards, positioning the country for faster and more efficient train services in the coming years.

“We are not yet at the highest global level, but we are moving steadily upward,” Opeifa said.

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Ticket Reform Boosts Confidence in Lagos–Ibadan Rail Service, Says Opeifa

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A quiet transformation is reshaping the daily commute between Nigeria’s commercial hub and the historic city of Ibadan. Passengers on the Lagos–Ibadan standard gauge corridor say services have become more efficient and predictable following a clampdown on ticket racketeering led by Kayode Opeifa

The renewed confidence in the rail line linking Lagos and  is influencing residential and employment decisions among middle-income earners who once considered daily intercity commuting unrealistic.

“It is now possible to live in Ibadan and work in Lagos without the daily anxiety of securing a ticket,” said Adewale Bamidele, a financial analyst who travels three times a week. “Before, you needed connections. Now, you book, you board, you arrive.”

A Line Once Hindered by Middlemen

The Lagos–Ibadan railway, inaugurated as a flagship infrastructure project under the administration of former President Buhari was designed to ease pressure on the congested Lagos–Ibadan Expressway and deepen economic integration across the South-West.

However, in its early phases, passengers frequently complained of informal ticket rackets. Allegations included bulk-buying by intermediaries and artificial scarcity that forced travellers to pay inflated prices for seats on high-demand trains.

Industry observers say such practices undermined the railway’s credibility as a mass transit solution. “Transport systems thrive on predictability and fairness,” said a transport economist “Once access is perceived as compromised, commuters revert to road transport despite the risks and delays.”

Enforcement and Digitisation

Since assuming oversight responsibilities within the sector, Opeifa has reportedly intensified internal monitoring and strengthened digital ticketing protocols. Railway officials, speaking on condition of anonymity, said stricter verification processes and disciplinary measures against errant staff have curtailed unauthorised ticket sales.

Although the Nigerian Railway Corporation has not released detailed enforcement data, anecdotal evidence from regular commuters points to shorter queues, smoother boarding procedures and fewer last-minute cancellations.

For professionals with flexible work schedules, the improvement has been significant. The average journey time of about two to three hours—depending on the service type—now compares favourably with unpredictable road travel, which can take considerably longer during peak traffic.

Changing Urban Dynamics

Property agents in Ibadan report a modest rise in enquiries from Lagos-based workers seeking more affordable housing. Rents in many parts of Ibadan remain significantly lower than comparable neighbourhoods in Lagos, offering relief to households grappling with inflationary pressures.

“Rail reliability changes everything,” said Funke Adebayo, a real estate consultant in Ibadan. “When people trust the timetable, they are more willing to relocate.”

Economists caution, however, that long-term success will depend on consistent maintenance, adequate security along the corridor and transparent ticketing systems. Any return to informal practices could quickly erode recent gains.

The Lagos–Ibadan corridor is widely regarded as a litmus test for Nigeria’s broader rail ambitions. With additional standard gauge projects planned or underway nationwide, policymakers face mounting pressure to ensure that infrastructure investments translate into reliable public service delivery.

For now, passengers remain cautiously optimistic.

“It feels more organised,” Bamidele said while disembarking at Mobolaji Johnson Station in Lagos. “If this standard is sustained, rail can genuinely compete with road transport.”

Nigeria agree, the real challenge lies not just in laying tracks, but in sustaining public trust.

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Breaking : Finance Ministry Shake-Up: Tinubu Nominates Oyedele, Says Onanuga

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President Bola Tinubu has nominated the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Dr. Taiwo Oyedele, as the Minister of State for Finance.

Oyedele replaces Dr. Doris Anite-Uzoka, who has been redeployed to the Ministry of Budget and National Planning as Minister of State, her third portfolio in the administration.

The President on Tuesday conveyed Oyedele’s nomination to the Senate for confirmation in a letter to the Senate President, Godswill Akpabio, according to a statement by his Special Adviser on Information and Strategy, Bayo Onanuga, on Tuesday.

Until Tinubu nominated him as a minister, Oyedele from Ikaram, Akoko, Ondo State, was the chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, which overhauled Nigeria’s tax system.

The 50-year-old is an economist, accountant, and public policy expert who led the comprehensive overhaul of Nigeria’s tax system through the Presidential Committee on Fiscal Policy and Tax Reforms.

The committee, inaugurated in August 2023, delivered four executive bills that consolidated over 60 taxes into fewer than 10 statutes and introduced significant reforms, including zero income tax for Nigerians earning N800,000 annually or less.

The Tax Reform Acts, which became effective on January 1, 2026, also exempted small businesses with turnover below N50m from company income tax, capital gains tax, and development levy.

Other provisions include a 50 per cent tax deduction for companies hiring new workers for three years, a 50 per cent deduction for wage increases to the lowest-paid employees, and a five-year corporate tax holiday for agricultural enterprises.

Oyedele attended Yaba College of Technology, where he obtained a Higher National Diploma in Accountancy and Finance, before proceeding to Oxford Brookes University for a BSc in Applied Accounting.

He also completed executive education programmes at the London School of Economics, Yale University, the Gordon Institute of Business Science, and the Harvard Kennedy School.

Oyedele spent 22 years at PricewaterhouseCoopers, joining in 2001 and rising to become the Fiscal Policy Partner and Africa Tax Leader before his appointment to head the tax reform committee.

He is currently a professor at Babcock University in Ogun State and a visiting scholar at the Lagos Business School.

As Minister of State for Finance, Oyedele is expected to oversee the implementation of the tax reforms he championed, particularly as the government seeks to improve revenue generation and deepen economic reforms.

Anite-Uzoka, who is being redeployed to the Ministry of Budget and National Planning, previously served as Minister of State for Industry, Trade and Investment before her appointment as Minister of State for Finance.

The Senate is expected to screen and confirm Oyedele’s nomination in the coming weeks, following which he will be sworn in to assume his ministerial duties.

The Finance Ministry, currently led by Wale Edun as substantive minister, oversees fiscal policy, revenue mobilisation, debt management, and economic planning.

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