FIFA PRESIDENT GIANNI INFANTINO ABANDONS PLAN TO SELL WORLD CUP PROFITS TO PRIVATE EQUITY AFTER BACKLASH. (PHOTO).

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 FIFA president Gianni Infantino abandons plan to sell World Cup profits to private equity after backlash FIFA President Gianni Infantino has abandoned a controversial proposal to sell a stake in the organization’s World Cup-related profits to private investors after facing strong opposition from soccer officials around the world. Infantino announced Saturday that the plan would not move forward, saying the proposal had created divisions that no longer aligned with FIFA’s goal of uniting and improving the sport. The plan called for the creation of a $20 billion company that would oversee FIFA’s commercial operations, including revenue from the men’s and women’s World Cups and Club World Cups. The proposed venture would have included private investors, including a New York-based investment firm founded by Joshua Kushner, the younger brother of Jared Kushner. The proposal drew criticism from soccer organizations across multiple regions. European soccer leaders said their nations woul...
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KWANKWASO GOES SPIRITUAL, HOLDS SPECIAL PRAYER IN KANO AHEAD OF SUPREME COURT JUDGMENT. (PHOTO).

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Kwankwaso goes spiritual, holds special prayer in Kano ahead of Supreme Court judgment

The leader of the Kwankwasiyya political camp and the presidential candidate of the New Nigeria Peoples Party (NNPP), Rabiu Musa Kwankwaso, on Monday, December 25, held a special prayer session at his Kano residence.
The Nation had reported that the Supreme Court led by a five-member panel of justices presided by Justice Inyang Okoro on Thursday, December 21, reserved judgment after listening to lawyers in the matter.
The prayer which was organised by an Islamic group, Mu’assatul Kwankwasiyya, was aimed at seeking God’s intervention ahead of the anticipated Kano governorship dispute verdict by the Supreme Court.
The prayer was led by Mallam Yahaya Sufi, Mallam Ashiru Nata’ala, Mallam Bazallahi Nasiru Kabara, and Mallam Sadiq Isiyaku Rabiu.
While observing the prayers, the clerics prayed for the success of Governor Abba Kabir Yusuf at the Supreme Court and the sustenance of peace and tranquillity in the state.
The prayer session was also attended by some cabinet members of the incumbent administration, other political appointees, and supporters of the Kwankwasiyya movement.
The majority of members of the New Nigeria Peoples Party (NNPP) in Kano state had equally observed special fasting and called for intense prayers shortly after the Supreme Court hearing.

 

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