• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
Nigeria: A Move In The Right Direction For Sports

Nigeria: A Move In The Right Direction For Sports

3 years ago
JUST IN: African Champion Kolawole Crushes American, Others To Win Spanish Grand Prix Gold

JUST IN: African Champion Kolawole Crushes American, Others To Win Spanish Grand Prix Gold

4 hours ago
Ronaldo Absent As Family, Football Stars Bury Jota, Liverpool To Retain Player’s Contract

Ronaldo Absent As Family, Football Stars Bury Jota, Liverpool To Retain Player’s Contract

4 hours ago
Sierra Leone Suffers Power Cut As Turkish Power Supplier Shutdown Amid $40 Million Debt

Benin, Togo Owe Nigeria Over $11m In Unpaid Electricity Bills – NERC

4 hours ago
Russia, China’s Presidents Absent As BRICS Summit Starts In Brazil

Russia, China’s Presidents Absent As BRICS Summit Starts In Brazil

5 hours ago
Ukrainian Forces Capture Nigerian Fighting For Russia

Ukrainian Forces Capture Nigerian Fighting For Russia

12 hours ago
Sunday, July 6, 2025
  • About
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    Russia, China’s Presidents Absent As BRICS Summit Starts In Brazil

    Russia, China’s Presidents Absent As BRICS Summit Starts In Brazil

    Mali: Parliament Grants Coup Leader 5-Year Renewable Presidential Term Without Election

    Mali: Parliament Grants Coup Leader 5-Year Renewable Presidential Term Without Election

    Russia Becomes First To Recognise Taliban Government Of Afghanistan

    Russia Becomes First To Recognise Taliban Government Of Afghanistan

    Nigeria Misses Out, As Trump Hosts Economy, Security Meeting With 5 African Presidents

    Nigeria Misses Out, As Trump Hosts Economy, Security Meeting With 5 African Presidents

    ADC: Major Shake-Up In Nigerian Politics As Top Figures Unite

    ADC: Major Shake-Up In Nigerian Politics As Top Figures Unite

    Tanzania: Prime Minister Majaliwa To Step Down

    Tanzania: Prime Minister Majaliwa To Step Down

    Ivory Coast: AU Court Rejects Gbagbo’s Bid To Seek Re-Election

    Ivory Coast: AU Court Rejects Gbagbo’s Bid To Seek Re-Election

    SA: Crack Widens In Unity Govt As DA Withdraws From National Dialogue

    SA: Crack Widens In Unity Govt As DA Withdraws From National Dialogue

    Cameroon: Influential Minister Resigns, To Challenge President Biya At Polls

    Cameroon: Influential Minister Resigns, To Challenge President Biya At Polls

  • Economy
    Namibia Suspends State Funerals Following Criticism Over High Costs

    Namibia Suspends State Funerals Following Criticism Over High Costs

    SA: Mineral Council Says Proposed Tax On Chrome Export Threatens Jobs

    SA: Mineral Council Says Proposed Tax On Chrome Export Threatens Jobs

    Senegal Moves To Reduce Reliance On Foreign Lenders, Targets Improved IGR

    Senegal Promises To Clear Undeclared Debt Incurred By Past Administration

    Nigerian Govt Set To Launch ‘Africans For Africa’ Mining Sector Fund

    Nigerian Govt Set To Launch ‘Africans For Africa’ Mining Sector Fund

    Kenya Mulls Privatisation Of Key Government Assets To Attract Investment

    Kenya Mulls Privatisation Of Key Government Assets To Attract Investment

    Nigeria: Govt Says Deliberate Policies Boosting Investors’ Confidence In Oil & Gas Sector

    Nigeria: Govt Says Deliberate Policies Boosting Investors’ Confidence In Oil & Gas Sector

    US-Africa Summit Wraps Up with Trade and Investment Deals Worth Over $2.5 Billion

    US-Africa Summit Wraps Up With Trade And Investment Deals Worth Over $2.5 Billion

    S/Africa Introduces $54 Million Incentive To Boost Local Manufacturing Of EVs

    South Africa Secures $474.6 Million Loan From AfDB To Boost Energy Transition

    Celebration Of Excellence: Nigerian Govt Rewards Outstanding Civil Servants With Brand New Cars, House

    Celebration Of Excellence: Nigerian Govt Rewards Outstanding Civil Servants With Brand New Cars, House

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    Russia, China’s Presidents Absent As BRICS Summit Starts In Brazil

    Russia, China’s Presidents Absent As BRICS Summit Starts In Brazil

    Mali: Parliament Grants Coup Leader 5-Year Renewable Presidential Term Without Election

    Mali: Parliament Grants Coup Leader 5-Year Renewable Presidential Term Without Election

    Russia Becomes First To Recognise Taliban Government Of Afghanistan

    Russia Becomes First To Recognise Taliban Government Of Afghanistan

    Nigeria Misses Out, As Trump Hosts Economy, Security Meeting With 5 African Presidents

    Nigeria Misses Out, As Trump Hosts Economy, Security Meeting With 5 African Presidents

    ADC: Major Shake-Up In Nigerian Politics As Top Figures Unite

    ADC: Major Shake-Up In Nigerian Politics As Top Figures Unite

    Tanzania: Prime Minister Majaliwa To Step Down

    Tanzania: Prime Minister Majaliwa To Step Down

    Ivory Coast: AU Court Rejects Gbagbo’s Bid To Seek Re-Election

    Ivory Coast: AU Court Rejects Gbagbo’s Bid To Seek Re-Election

    SA: Crack Widens In Unity Govt As DA Withdraws From National Dialogue

    SA: Crack Widens In Unity Govt As DA Withdraws From National Dialogue

    Cameroon: Influential Minister Resigns, To Challenge President Biya At Polls

    Cameroon: Influential Minister Resigns, To Challenge President Biya At Polls

  • Economy
    Namibia Suspends State Funerals Following Criticism Over High Costs

    Namibia Suspends State Funerals Following Criticism Over High Costs

    SA: Mineral Council Says Proposed Tax On Chrome Export Threatens Jobs

    SA: Mineral Council Says Proposed Tax On Chrome Export Threatens Jobs

    Senegal Moves To Reduce Reliance On Foreign Lenders, Targets Improved IGR

    Senegal Promises To Clear Undeclared Debt Incurred By Past Administration

    Nigerian Govt Set To Launch ‘Africans For Africa’ Mining Sector Fund

    Nigerian Govt Set To Launch ‘Africans For Africa’ Mining Sector Fund

    Kenya Mulls Privatisation Of Key Government Assets To Attract Investment

    Kenya Mulls Privatisation Of Key Government Assets To Attract Investment

    Nigeria: Govt Says Deliberate Policies Boosting Investors’ Confidence In Oil & Gas Sector

    Nigeria: Govt Says Deliberate Policies Boosting Investors’ Confidence In Oil & Gas Sector

    US-Africa Summit Wraps Up with Trade and Investment Deals Worth Over $2.5 Billion

    US-Africa Summit Wraps Up With Trade And Investment Deals Worth Over $2.5 Billion

    S/Africa Introduces $54 Million Incentive To Boost Local Manufacturing Of EVs

    South Africa Secures $474.6 Million Loan From AfDB To Boost Energy Transition

    Celebration Of Excellence: Nigerian Govt Rewards Outstanding Civil Servants With Brand New Cars, House

    Celebration Of Excellence: Nigerian Govt Rewards Outstanding Civil Servants With Brand New Cars, House

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News

Nigeria: A Move In The Right Direction For Sports

The implementation of the sports industry policy will be healthy for national development, writes Aisha Shuaibu.

November 13, 2022
in Opinion, Top Stories
0
Nigeria: A Move In The Right Direction For Sports

Nigeria's Minister of Youth and Sports Development, Sunday Dare.

0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

By Aisha Shuaibu

The success of Nigerian athletes in world sports has finally given the Nigerian government and relevant stakeholders the nudge to formalise their commitment to the development of sports in the country. Presented by the Minister of Youth and Sports, Sunday Dare, the National Sports Industry Policy document is a detailed analysis of the commercial potential of sports around the world, and the practical ways Nigeria plans to catch up over the next decade through public-private partnership.

Relatedreading

JUST IN: African Champion Kolawole Crushes American, Others To Win Spanish Grand Prix Gold

Ronaldo Absent As Family, Football Stars Bury Jota, Liverpool To Retain Player’s Contract

According to the document, the mission of the NSIP is to “create an enabling environment for sports as a business sector within the Nigerian economy”, while the vision is to “promote health and wellness through mass participation, contributing to economic development and global recognition”. The implementation of the document will require an inter-ministerial collaboration, alongside the participation of other members of the federal government and key private sector players.

The document will be executed in stages, following a timeline from when it was formally presented in 2022 till 2026. The matter in question now is as Nigeria is on the verge of a change in government after the 2023 general elections, will all who are meant to play a major role in the implementation of the NSIP deliver on the objectives of the policy?

The NSIP has identified innovation and creativity as necessary factors in achieving social and economic development through sports. Alongside this is data from the education, manufacturing, media, and fitness sectors, which have the potential to contribute between 1.5% – 3% (approx. $7.5bn – $15bn) annually to the nation’s GDP. The goals of the NSIP are also in line with the development agenda of the United Nations 2030 SDGs and the African Union Agenda of 2063 mission in building the Africa We Want.

The NSIP lists ten major action plans and recommendations that were gathered over the course of four years by key stakeholders and participating members across several other industries. In this 10-point plan is a data-based review of the impact of sports in countries around the world and a detailed outline of how Nigeria will follow suit.

The main aim of the NSIP is to develop the ecosystem of sports in Nigeria by creating value and the right environment for businesses in the industry to thrive. The key stakeholders made up of members of government on the federal, state, and local levels, the national sports governing boards, and the engaged private enterprises have the most crucial part to play in executing their roles and responsibilities to deliver on the policy goals.

There are many ways the NSIP will favour sports businesses once implemented. The industrialization agenda of the policy is to address gaps in the industry that has hindered the growth of these businesses. Of the many incentives from the document’s “3 I’s strategy” are tax exemptions for a period of five years for investors in the sports value chain, land provision for sports and waved fees on those lands, and funding to support the rehabilitation and modernization of sports infrastructure.

For corporate organisations and private individuals investing in sports is a single digit loan interest rate incentive, and through the establishment of the Independent Athletes Welfare Fund (AWF) will also be an independent government grant where athletes that are representing the country can access training and educational support. These transformative agendas will support the innovative practices of companies in sports marketing, merchandising, entertainment, ticketing, administration, healthcare, law, broadcasting, among others.

It is not only important that these businesses follow up on the implementation of the NSIP but join the decision making table to contribute to the collected data that should make the execution of the strategies more organised. Sports business is big business that requires structure, dedication and commitment as we get closer to sports being one of the biggest contributors to the national economy.

Sports is multi-sectoral and the implementation of this policy will address gaps that have existed in education, trade, investment, media, communications, finance, culture, tourism, and the digital economy. For talent development, peace building and social inclusion, this policy has made room for the most neglected members of society; members of grassroot communities. The NSIP recognises the need to use sports to provide access to these communities in form of gender inclusion, education programs, and the inclusion of the disabled and disadvantaged members of society.

The construction of community-based cluster sports facilities in these communities will contribute greatly to the missing culture of sports, keeping youth off the street and engaged with healthier habits. Youth development through sports provides the framework to educate, empower and build the capacity of young people, giving meaning to their lives and purpose to their passion. Through sports, Nigeria will not only be one of biggest exporters of sport talent in the world, but a global leader in the business of sports.

Shuaibu is a member of THISDAY Editorial Board

Tags: Aisha ShuaibubreakingHeritageheritage timesheritagetimesmedialatestNational Sports Industry Policy (NSIP)newsNigerian Ministry of Youth and Sports DevelopmentSunday Darethe heritage timesthtthtafricatop stories
ShareTweetSend
Previous Post

JUST IN: Nigeria’s Adesanya Loses UFC Middleweight Title To Pereira

Next Post

Oil Theft: Nigeria’s Oil Chief Alleges Threat To Life

Related Posts

JUST IN: African Champion Kolawole Crushes American, Others To Win Spanish Grand Prix Gold

JUST IN: African Champion Kolawole Crushes American, Others To Win Spanish Grand Prix Gold

July 5, 2025
Ronaldo Absent As Family, Football Stars Bury Jota, Liverpool To Retain Player’s Contract

Ronaldo Absent As Family, Football Stars Bury Jota, Liverpool To Retain Player’s Contract

July 5, 2025

Benin, Togo Owe Nigeria Over $11m In Unpaid Electricity Bills – NERC

Russia, China’s Presidents Absent As BRICS Summit Starts In Brazil

Ukrainian Forces Capture Nigerian Fighting For Russia

Club World Cup: Chelsea, Fluminense Battle For Final Ticket

Next Post
Nigeria’s Declining Oil Output Forces Deferred Gasoline Payments

Oil Theft: Nigeria's Oil Chief Alleges Threat To Life

Please login to join discussion
AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2

Updates

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
JUST IN: African Champion Kolawole Crushes American, Others To Win Spanish Grand Prix Gold

JUST IN: African Champion Kolawole Crushes American, Others To Win Spanish Grand Prix Gold

July 5, 2025
Ronaldo Absent As Family, Football Stars Bury Jota, Liverpool To Retain Player’s Contract

Ronaldo Absent As Family, Football Stars Bury Jota, Liverpool To Retain Player’s Contract

July 5, 2025
Sierra Leone Suffers Power Cut As Turkish Power Supplier Shutdown Amid $40 Million Debt

Benin, Togo Owe Nigeria Over $11m In Unpaid Electricity Bills – NERC

July 5, 2025
Russia, China’s Presidents Absent As BRICS Summit Starts In Brazil

Russia, China’s Presidents Absent As BRICS Summit Starts In Brazil

July 5, 2025
JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia
ADVERTISEMENT

Most Recent

JUST IN: African Champion Kolawole Crushes American, Others To Win Spanish Grand Prix Gold

July 5, 2025

Ronaldo Absent As Family, Football Stars Bury Jota, Liverpool To Retain Player’s Contract

July 5, 2025

Benin, Togo Owe Nigeria Over $11m In Unpaid Electricity Bills – NERC

July 5, 2025

Russia, China’s Presidents Absent As BRICS Summit Starts In Brazil

July 5, 2025

Ukrainian Forces Capture Nigerian Fighting For Russia

July 5, 2025

Club World Cup: Chelsea, Fluminense Battle For Final Ticket

July 5, 2025

Even If Devil Is Angry, I’ll Construct Huge Church At Presidential Palace — Ruto

July 4, 2025

Partey: Ex-Arsenal Star Charged With ‘Rape’

July 4, 2025

About

Heritage Times HT stands as a beacon of pan-African journalism, dedicated to amplyfing the rich tapestry of voices and narratives across the continent. With unwavering commitment, we illuminate the evocative essence of Africa, offering a fresh perspective that captivates our global audience.

Featured

From Hope To Fear: Kenya Joins East Africa’s Crackdown On Free Expression

AfDB Set For A New President, As Ould Tah Gains Continental Endorsement

How Dangote Is Turning Trump’s Trade War Into Africa’s Opportunity

Connect

Connect with us on social media and receive timely updates on the go.

Get Updates

  • About
  • Privacy Policy

© 2024 Heritage Times (HT) Media.

No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • About HT
  • Contact us

© 2024 Heritage Times (HT) Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In