The Nigeria Football Federation have reached a big sponsorship agreement with oil company Aiteo Group.
The company announced the partnership on their Twitter handle on Wednesday after the NFF had hinted that a huge deal was about to be signed.
“Aiteo Group is now the official optimum partner of the NFF for the next five years,” the company stated. “Great to be the official sponsor-partner of Nigerian football. Great days ahead. The love of the game is universal. We are proud to sponsor the biggest footballing nation on the continent.”
Our sports learnt learnt that the contract is worth N2.5 billion over five years, N500m for each year.
Aiteo Group is also expected to pay the salaries of Super Eagles coaches as part of the deal. The NFF will issue their own statement later on Wednesday to shed more light on the deal.