The agreement, signed at a ceremony in Abuja, guarantees the NLO an annual payment of N241 million in cash and value-in-kind. This translates to a total investment of N964 million over the next four years.
The Nationwide League One (NLO), Nigeria’s third-tier domestic football league, has secured a major boost with a staggering N964 million sponsorship deal from the New Year Mega Lottery.
This significant partnership, announced on March 14th, 2024, will see the New Year Mega Lottery become the official title sponsor of the NLO for the next four seasons.
The agreement, signed at a ceremony in Abuja, guarantees the NLO an annual payment of N241 million in cash and value-in-kind. This translates to a total investment of N964 million over the next four years.
Elevating Nationwide League One (NLO) Football
This collaboration aims to significantly elevate the status of grassroots football in Nigeria. With this injection of funds, the NLO hopes to solidify its position as a breeding ground for football talent and become a thriving and attractive league on the continent.
The Chairman of the NLO, Silas Agara, expressed his delight at the sponsorship deal. He highlighted that the partnership recognizes the NLO’s role in nurturing football talent, not just as a competition body.
By sponsoring the NLO, New Year Mega Lottery adds another chapter to its history of supporting job creation and empowerment in Nigeria through sports and education.
This significant investment promises a bright future for the NLO and the development of football talent in the country.
