ERIC CHELLE SET TO TERMINATE CONTRACT AS NFF HOLDS EMERGENCY MEETING. (PHOTO).

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  The Nigeria Football Federation (NFF) is set to hold an emergency meeting to address the uncertainty surrounding the future of Super Eagles head coach, Eric Chelle. According to sources, Chelle is considering terminating his contract as the team's manager. The development comes amidst Nigeria's struggles to qualify for the 2026 FIFA World Cup. With only seven points from six games, the Super Eagles are currently fourth in Group C, behind leaders South Africa, Rwanda, and Benin Republic. Pressure has been mounting on Chelle, prompting him to travel to Europe in search of reinforcements to bolster the team's defense. However, the uncertainty surrounding his future with the team has reportedly led to a change of heart, with Chelle now considering terminating his contract. The NFF's emergency meeting aims to address the situation and find a resolution. The fate of Chelle and the Super Eagles' World Cup qualifying campaign hang in the balance.
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NIGERIA NEEDS SOUND FINANCIAL SYSTEM FOR DEVELOPMENT- BAGUDU. (PHOTO).

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 Nigeria Needs Sound Financial System for development — Bagudu


Minister of Budget and Economic Planning Senator Abubakar Bagudu has said Nigeria needs to attract more resources than it has to fund its development agenda. For this to happen, the nation must develop a sound financial system with integrity


He spoke at the management retreat of the Nigerian Financial Intelligence Unit in Abuja noting that the 2050 Agenda of National Aspiration requires investment at least 100 billion dollars annually to achieve a GDP per capita of $33,000 or more by 2050.


The minister revealed that the current financing level is smaller than that but explained that President Bola Tinubu’s administration had undertaken bold and courageous economic reforms to boost its revenue. 

To buttress his point, he cited the $20 billion federal budget size, which he said was too small compared with other countries like Brazil and Indonesia, which have similar population sizes and have $750 billion and $210 billion budgets, respectively.


The minister explained that Nigeria needs a sound financial system to attract domestic and foreign investments to finance its development plan.


He stated that this was the role of the NFIU, which he said had performed creditably but needed to communicate its activities more effectively for the public to acknowledge.

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