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Sports Can Drive Nigeria’s Economic Growth says Shaibu

Sports Can Drive Nigeria’s Economic Growth says Shaibu
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Philip Shaibu, the former Deputy Governor of Edo State and current chairman of Bendel Insurance FC, paid a visit to Abuja on Thursday, where he congratulated the National Sports Commission chairman, Shehu Dikko, and the newly re-appointed Secretary General of the Nigeria Football Federation (NFF), Mohammed Sanusi.

Shaibu emphasized the importance of experienced leaders in Nigerian sports, particularly during a time of reform.

He believes that with passionate and experienced individuals at the helm, sports can drive significant economic growth and development in the country.

As a sports enthusiast, is committed to supporting the sector, which he considers the “next oil well” for Nigeria.

With a large youth population and abundant talent, I am convinced that sports can create jobs, reduce unemployment, and contribute significantly to the country’s GDP.

In fact, Shaibu cited statistics showing that sports contributed 3.8% to Nigeria’s GDP in the fourth quarter of last year.

He is optimistic that with the right support and investment, sports can reach 6% of the country’s GDP.

My visit was a show of solidarity and support for the new leadership in Nigerian sports, and he urged all sports enthusiasts to give back to the sector and support the system.

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