Minister of Youth and Sports, Barrister Solomon Dalung has admitted that the federal government will not be able to fund the rehabilitation project of the national stadium in Lagos due to the poor economic situation in te country.
He revealed that the sports ministry will have to source for funds through other means to ensure the project is carried out in time
while presentation the new-look National Stadium, Lagos to reporters in his office.
“We are indeed looking outside the budget for the funding of this project because of the economic situation in the country. This government might not be able to fund the project.
“We have opened discussion with investors on the possibility of their interest in it. We have a lot of people that have been showing interest in funding the project. So, I think funding is not going to be problem,” he said.
The further explained that his administration will ensure they invest in developmental sports program, saying that time has passed when Nigerian sports depended on servicing sports.
“Now we are going to have a complete paradigm shift from servicing sport to a developing sport. We are going to focus more on grassroots sports development and in doing this, the issue of inter-ministerial committee has been considered especially with ministry of Education where sport should be returned to school as it were in the 60's.”
Sports Minister Admits FG Are Too Broke To Fund National Stadium Rehabilitation
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