Nigerian energy solutions company Aiteo Group has agreed a deal to become the new main sponsor of the Nigerian Football Federation.
The five-year deal will run until 2022 and is valued at N2.5bn (€7.5m/$8.2m). The deal is effective from May 1 and includes the option of a one-year extension.
NFF president Amaju Pinnick said the agreement would provide the body with financial stability. “This is a heartwarming landmark in the history of football sponsorship in Nigeria,” he said. “I am very happy that a critical area of our expenditure is being taken care of by this agreement.”
The partnership marks Aiteo Group’s first foray into sports sponsorship in Nigeria.