Olympics 2020: Nigeria To Reward Gold Medalists $15,000

Category: Sports News

The Nigerian government has announced a reward of $15,000, $10,000 and $7,500 dollars for gold, silver, and bronze medalists at the Tokyo Olympics.

The Director, Federation and Elite Athletes Department (FEAD), Federal Ministry of Youth and Sports Development, Simon Ebohdjaiye, said this on Tuesday in Tokyo.

Mr Ebohdjaiye made the announcement shortly after wrestler Blessing Oborodudu won Team Nigeria’s second medal at the Games.

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

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

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

The director said the gesture was to drive home the point that the federal government would always reward superlative performance.