Less than 24 days to the Olympics games, The Minister of Youth and Sports Development Solomon Dalung, said his office has applied to the Federal Government for the release of N2billion to augment funds for the 2016 Olympics.
Dalung revealed this while at a stakeholders meeting on Team Nigeria’s preparation for the forthcoming 2016 Olympics.
He said that the N2billion would augment the N500million earlier set aside by the Federal Government for the games.
He added that they are asking the FG if funds will be available to augment their budget for Rio with at least about N2billion based on the competitions, commitments and responsibilities bothering on their participation.
“Currently we are pursuing the approval which the president has directed, and until that is done, I cannot tell you how much we have; we will tell Nigerians how much the president approved when it’s done,’’ Dalung said.
Dalung noted that over 95 athletes have so far qualified for the 2016 Olympics, saying that he was satisfied with the athletes’ preparation for the games.