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    MarketForces Africa » MarketForces News » Paris 2024: FG Announces Improved Bonuses for Paralympic Athletes

    Paris 2024: FG Announces Improved Bonuses for Paralympic Athletes

    Julius AlagbeBy Julius AlagbeAugust 23, 2024Updated:August 23, 2024 News No Comments2 Mins Read
    Paris 2024: FG Announces Improved Bonuses for Paralympic Athletes
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    Paris 2024: FG Announces Improved Bonuses for Paralympic Athletes

    The Federal Government (FG) has announced an upward review of the winning bonuses for Nigeria’s Paralympic athletes participating in the forthcoming 2024 Paralympic Games.

    Paris 2024 Paralympic Games is billed for Aug. 28 to Sept. 8. This is contained in a statement issued by Mrs Kehinde Ajay, Director of Press in the Ministry of Sports Development in Abuja.

    Ajay quoted the minister, Sen. John Owan Enoh, as saying this during an interactive session with the para athletes in their training camp at Saarbrucken, Germany. Enoh said that the renewed bonus template provides US$15, 000, US$10 ,000 and US$5, 000 for Gold, Silver and Bronze medal winners respectively.

    This, according to the minister is in sharp contrast with what obtained during the just concluded Olympic Games where 5, 000USD, 3, 000US and 2, 000USD were earmarked for winners of Gold, Silver and Bronze respectively.

     He explained that the gesture is part of the Federal Government’s recognition and appreciation of the sacrifices, dedication and commitment of the athletes in striving to represent the country and make it proud in the comity of nations.

    The minister urged the athletes to see the gesture as a morale booster aimed at re-energizing the sport spirit in them, re-awaken their patriotism and give them the much desired courage to propel them to glory.

    Enoh emphasized the need for the athletes to do better that Team Nigeria’s poor performance at the just concluded Olympic Games.

    “The country (Nigeria) as it is now, is not in a happy mood, and I need all of you to look at yourselves as those people that are going to create and bring back joy,” Enoh added. #Paris 2024: FG Announces Improved Bonuses for Paralympic Athletes Nigeria, Angola Inflation Highest in Frontier Markets -Report

    ATHLETES Paralympi Game Paris 2024 Sport
    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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