The National Sports Reform Committee is proposing a N10m reward for gold medallist, N5m for silver medallist and N2.5m for bronze winners.
Since the days of President Olusegun Obasanjo, presidential handshakes have been the only reward to Nigerian sportsmen and women who win medals and trophies for the country.
Former President Goodluck Jonathan and Muhammadu Buhari, however, had some cash rewards for some successful Nigerian sportspersons.
The National Sports Reform Committee is now proposing a N10m reward for gold medallist, N5m for silver medallist and N2.5m for bronze winners.
Punch obtained a copy of the proposal which was sent to the Sports minister, Solomon Dalung last week.
In the proposal, there are also provisions for different levels for major international events like the Commonwealth Games, World championships, World University Games and the All Africa Games/African championships.
The committee proposes N5m for a gold winner at the Commonwealth Games/World championships/World University Games with N3m and N1m for the next levels winners. The various medallists in the All Africa Games and African championships are to be rewarded with N3m, N2m and N1m.
“The reward is strictly for each medal, not medallists. For instance, team sports and relays count as one medal,” part of the proposal under the heading ‘National Cash Rewards’ reads.
“In addition, the rewards should apply to all officially recognised sports. This performance reward system has been used effectively in the USA where the United States Olympic Committee gives $25,000 for gold; $15,000 for silver and $10,000 for bronze. Canada, more or less, adopts the same reward system.”
The committee also suggested sources of funding for this rewards in the proposal which is awaiting approval from the Federal Government.