By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Independent News ExpressIndependent News Express
  • Home
  • International
    InternationalShow More
    United Nations
    4th International Conference On Financing For Development Delivers Renewed Hope And Action For Sustainable Development
    3 months ago
    The African Development Bank and the United Nations Human Settlements Programme (UN-Habitat) scale up drive for sustainable urbanization in Africa
    AfDB, UN-Habitat Scale Up Drive For Sustainable Urbanisation In Africa
    3 months ago
    UN
    North Africa: Green Climate Fund Approves Record $300m For FAO-designed Projects In Papua New Guinea, Saint Lucia, The Sahel
    3 months ago
    UNICEF
    How Wars Across Middle East, North Africa Affecting Children – UNICEF
    3 months ago
    UNDP
    UN Development Programme Welcomes Historic Deal On Sustainable Development Even Amidst Global Turmoil
    3 months ago
  • Africa
    Africa
    Show More
    Top News
    Africa Leaders Summit: US To Strengthening Partnerships To Meet Shared Priorities
    3 years ago
    President Ruto Rallies Kenyans To Move Nation Forward
    3 years ago
    Tanzania: United Nations Steps Up Efforts To Build Climate Resilience
    2 years ago
    Latest News
     South Africa’s Think 20: Experts Address How Africa Can Bridge Digital Divide And Achieving Financial Inclusion
    5 hours ago
    U.S. Africa Command Commander Visits West Africa, Underscores Partnership In Addressing Evolving Terrorism Threat
    5 days ago
    West Africa Regional Preparatory Workshop For COP30 On Climate Change Opens In Dakar
    5 days ago
    Systemic Racism Against Africans And People Of African Descent In Criminal Justice Systems Is Pervasive
    5 days ago
  • Corporate News
    • Media Outreach
  • Politics
    Politics
    Show More
    Top News
    Voters In Katsina Vow To Dump Buhairi, APC
    3 years ago
    My Son Must Win, Ondo State’s King Threatens His People
    3 years ago
    I Will Not Disappoint My Constituents, Dekor Reassures Ogoni People
    2 years ago
    Latest News
    NSC Chairman To Engage With Youth And Sports Stakeholders At The Nest Centre
    1 month ago
    Edo District Bye-election: SDP Candidate, Hon. Isidahomhen Promises To Pursue Best Interest Of Esanland 
    2 months ago
    PHOTOS: Vinod Obasa Takes Oath Of Office
    2 months ago
    Gov Adeleke’s Outburst Against Aregbesola Shows Sign Of A Drowning Man – ADC Group
    2 months ago
  • News
    • Agriculture
    • Breaking News
    • Tech
    • Maritime
    • Crime
    • Art & Culture
    News
    Show More
    Top News
    Ondo Governor, Akeredolu Begins Construction Of First Flyover In Akure
    2 years ago
    Celebration Of Life: Reverend Adewumi Jegede Of Later House Of God Assembly Buried Amid Pomp
    1 year ago
    Pa Abdulfatah Amoo Ayanwale
    Pa Ayanwale Dies At 76, Fidau Prayers Holds 8 August
    2 years ago
    Latest News
    Zion Prayer Movement Outreach Debunks Attack On Evang Ebuka Obi
    18 hours ago
    Lagos Political Stakeholders, Amuwo Odofin Extol Virtues of late Ex SLG, Folashade Ajao
    1 week ago
    Lagos Assembly Wades Into Power Crisis At Estate Managed by President Tinubu’s Brother
    1 week ago
    In Well-Researched Response, Veteran Journalist Maintains Position Why Owo Good For Proposed Ose State Capital
    2 weeks ago
  • Entertainment
    • Comedy
    • Movies
    • Music
    • Television
    • Concert & Events
    Entertainment
    Show More
    Top News
    Temi Otedola Makes Her Stage Debut In Motherland The Musical
    3 years ago
    Discover Exciting Programmes with Ease on GOtv
    2 years ago
    Nigerian Afrobeat Artiste WONDA Drops Captivating Summer Anthem ‘Ibiza’
    2 years ago
    Latest News
    GOtv Stream vs. Traditional TV: Why Viewers Are Loving the Flexibility
    6 days ago
    Securing Africa’s Digital Future: Entertainment in Safe Hands
    7 days ago
    BBNaija S10: Joanna, Mide, and Isabella Clash as Denari and Tracy Exit the House
    2 weeks ago
    Akamai Adaptive Media Player 2: Bitmovin And Akamai Set New Streaming Standard
    3 weeks ago
  • Lifestyle
    • Fashion
    • Love & Life
    • Food & Drink
    • Travel & Tourism
    • Relationship
    • Sex
    Lifestyle
    Show More
    Top News
    Sanwo-Olu Receives TAMPAN Award
    7 months ago
    Radisson Hotel Group Announces Three New Hotels In Nigeria
    2 years ago
    Fanti Carnival Returns To Lagos This Easter Sunday
    5 months ago
    Latest News
    Ambassador Raffy Bello Greets Imperial Majesty, Ooni Enitan-Ogunwusi, As Olojo Festival Begins In Ile-Ife
    5 days ago
    Preserving African Culture: Polaris Bank , Chivita, And Danone Support CIKDAS’ Youth Literary Initiative
    3 weeks ago
    Nigeria, Switzerland Takes Major Steps Towards Repatriation Of Artifacts And Cultural Cooperation
    1 month ago
    Archbishop Ugorji Hails St. Helen’s Choir As One of the Best Choirs in Owerri Archdiocese
    1 month ago
  • Business
    • Banking & Finance
    • Oil & Gas
    BusinessShow More
    Unity Bank Shareholders Approve Merger With Providus Bank
    2 days ago
    Yomi Joseph Digital Pr Launches 360° Marketing Solutions To Transform Brands Into Industry Leaders
    6 days ago
    Gov Abiodun Showcases Ogun Investment Opportunities At AfCFTA In Algeria
    3 weeks ago
    Intra-African Trade Fair
    Nigeria To Host Intra-African Trade Fair In 2027
    3 weeks ago
    Bank of Agriculture
    How Nigeria-Brazil Pact Will Boost Agricultural Investment, Food Security – BOA
    4 weeks ago
  • Health
    Health
    Show More
    Top News
    WHO
    WHO Raises Alarm Over Rise In Cholera Cases In Nigeria, Malawi, Cameroon, 7 Other Africa Nations
    3 years ago
    Tackling Preventable Diseases, Africa Needs To Vaccinate 33m Children To Put Progress Back On Track
    2 years ago
    USAID
    United States Partners Woman-Owned Nigerian Company To Fight Malnutrition
    2 years ago
    Latest News
    World Heart Day: Adopt Healthy Food Policies, CAPPA Tasks FG, States
    5 hours ago
    Lagos Takes Fight Against HIV To Communities
    2 days ago
    Nigeria’s Health Financing: Lessons From Canada’s $32.5bn Tobacco Settlement
    7 days ago
    CAPPA Commends FG Health Tax Policy, Renews Call for Higher Sugary Drinks Excise Duty
    3 weeks ago
  • More
    • Sports
    • Aviation/Transportation
    • Deliverance Hour
    • Industry & Labour
    • Insurance
    • Interview
    • Judiciary
    • Metro
    • Opinion
    • Property
    • Religious
    • Romance
    • Science & Discovery
Reading: Renewed Hope Initiative For Nigeria’s Sports Economy (RHINSE): An Ultimate Game Changer By Fred Edoreh
Share
Notification Show More
Aa
Independent News ExpressIndependent News Express
Aa
  • Home
  • International
  • Africa
  • Corporate News
  • Politics
  • News
  • Entertainment
  • Lifestyle
  • Business
  • Health
  • More
Search
  • Home
  • International
  • Africa
  • Corporate News
    • Media Outreach
  • Politics
  • News
    • Agriculture
    • Breaking News
    • Tech
    • Maritime
    • Crime
    • Art & Culture
  • Entertainment
    • Comedy
    • Movies
    • Music
    • Television
    • Concert & Events
  • Lifestyle
    • Fashion
    • Love & Life
    • Food & Drink
    • Travel & Tourism
    • Relationship
    • Sex
  • Business
    • Banking & Finance
    • Oil & Gas
  • Health
  • More
    • Sports
    • Aviation/Transportation
    • Deliverance Hour
    • Industry & Labour
    • Insurance
    • Interview
    • Judiciary
    • Metro
    • Opinion
    • Property
    • Religious
    • Romance
    • Science & Discovery
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Independent News Express > Blog > Opinion > Renewed Hope Initiative For Nigeria’s Sports Economy (RHINSE): An Ultimate Game Changer By Fred Edoreh
Opinion

Renewed Hope Initiative For Nigeria’s Sports Economy (RHINSE): An Ultimate Game Changer By Fred Edoreh

Last updated: 2024/12/27 at 5:45 AM
9 months ago
Share
SHARE

The re-establishment of the Nigeria Sports Commission (NSC) has been welcomed by various stakeholders in the nations sport, and President Bola Ahmed Tinubu is upbeat about the new prospects for the growth of the sector, even as he has expressed implicit confidence in the competence and capacity of the NSC leadership, Shehu Dikko, the Chairman, and the DG, Bukola Olapade, to deliver.

In the past few weeks, the duo have been rejigging the direction and framework of our sports to Reset, Refocus and Relaunch the sector as a veritable asset for national development, and with more professional administration and management.

As has been revealed by Shehu Dikko, “the strategic approach of the Renewed Hope Agenda and Shared Prosperity aims to establish sports as a vital pillar of Nigeria’s economy and a unifying factor for national development.”

- Advertisement -
Ad imageAd image

The repositioning covers the entire sports eco-system with the target of improving on sports infrastructure across the country, eliciting mass participation, greater and more gainful youth engagement, generation of about three million direct, indirect and induced jobs, attainment of about 5% share in global sports export, attraction of foreign direct investments and foreign exchange earnings, and provision of an enabling environment for private sector participation and investments to compliment Government efforts. The target is to steer the sports sector to contribute about 3% to the National Gross Domestic Product and for our national teams to achieve more respectable podium finish in international competitions.

The strategies include institutional repositioning through the restructuring of the sports sector framework, already began with the establishment of the NSC and the ongoing upscaling of the establishing Act to meet global best practices as an enabler for sustainable growth, the restructuring of the sports federations for greater efficiency and effectiveness, and the deepening of Grassroots and Schools Sport to strengthen the foundation of the sector through wider access to sports for the discovery, nurturing and grooming of elite athletes.

The goal is ambitious, bold and daring. It is taking the road less travelled, but the strategies already outlined by the NSC gives assurance of its attainment as it is deliberate and focused.

The most critical success factor, perhaps, is the will of the Government under the overall vision of the Renewed Hope Agenda to take sports more seriously than before, and President Bola Ahmed Tinubu GCFR, with his natural boldness and vision for the future, has served notice of his willingness, not only by the reclassification of sports as a national asset and critical driver of economic development, national cohesion and image building, but especially also with the deliberate capital allocation of over N78 billion to sports in the 2025 Budget proposal, the highest in about 60 years.

The proposed budget is directed at accelerating sports development and growth through the establishment, construction, reconstruction and revival of various capital and critical sports assets as well as programs to set the foundation of a robust and virile sports economy in Nigeria .

These include the full rehabilitation of the MKO Abiola Stadium, Abuja, to set the framework for its eventual concession and transformation to a sports city, together with the completion of its 200 room Athletes’ Hostel, abandoned for over 15 years, but which now will be commercialized after it’s completion to rake in revenue.

The reset programme also includes the rehabilitation of various other Federal Government stadiums across the country, the construction of mini sports centres across various communities; the construction and equipping of the High Performance Centre in Abuja; the rehabilitation and upgrade of the Sports Hospital/Clinic which also would be commercialized and open to the public; and the development and equipment of a world class Anti-Doping Laboratory intended to rake in foreign exchange to reverse capital flight, as the nation and most of African countries currently take samples overseas for analysis.

Interesting also is, in addition to normal budget line for sporting activities, there is now a specific and separate budget line to take care of preparations for events like the Olympics, Commonwealth, African Games, World and Continental Championships, the Paralympic and other Para-Sports competitions, the World Cup and AFCON qualifiers and support for NUGA Games, School Sports and others.

Added to this is a deliberate reserve budget line for international competitions in the service wide vote for the participation of national teams in international competitions. This means that when Team Nigeria qualifies to any international event, funding would be drawn from the vote, as against the old fire brigade approach of having to start seeking for funds after each qualification.

The agenda also includes the provision of funding support for the stabilisation of sports federations, and part of the strategy is the acquisition of sports contents from the federations for production, aggregation and monetization. This will also entail the setting up, equipment and training of personnel for the operation of a sports media production unit.

The scope of work is wide, deep and challenging, but it is the ultimate game changer we have craved, and it is reassuring that the NSC also understands the need and has plans to recruit and train more hands to cascade its operations across the geographical zones, states and local governments.

With President Tinubu having set the agenda and demonstrated willingness, and the vision and direction now clearly articulated by the leadership of the NSC, the next critical success factor is the support of the citizenry, especially the sports and corporate communities, by joining hands in making our bed how we would want to lie on it.

You Might Also Like

Nigeria’s Health Financing: Lessons From Canada’s $32.5bn Tobacco Settlement

Nepal Bloodshed: Of Nigeria’s Big Masquerades And Gọntọ By Festus Adedayo

Maintaining African Neutrality In Ukraine Crisis

How schemers In The Presidency And Information Ministry Misled Tinubu To Remove Pedro As NTA DG And Recall Dembos

Sports Federations Polls: NSC Set Up Electoral Umpire

TAGGED: NSC, Renewed Hope Initiative For Nigeria’s Sports Economy, Shehu Dikko, Tinubu
INadminNG December 27, 2024 December 27, 2024
Share This Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Print
Previous Article Necessity Of Sacrifice In Bleak Christmas By Tony Eke
Next Article Henry Nwosu Cup: Win The Trophy And Get N.3m Urewuji Tells His Favourite Team
about us

Independent News Express (iNews Express), a publication of 4Ds Nigeria Limited, is birthed out of the desires of the founding fathers to report News as it is.

We value Professionalism, Excellence, Service, Creativity and Integrity.

The Company

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy

Quick Links

  • Advertise with us
  • Newsletters
  • Deal

Categories

Find Us on Socials

© Independent News Express. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?