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President Bola Tinubu has rewarded each member of Nigeria’s victorious Under-17 women’s football team, the Flamingos, with a ₦100 million Federal Government savings bond following their historic triumph at the FIFA U-17 Women’s World Cup in Morocco.

The reward was announced by First Lady Oluremi Tinubu, who represented the President at a presidential reception held in honour of the team at the State House, Abuja, on Wednesday.

The five-year savings bonds are designed to secure the financial future of the young players while ensuring that the money remains invested until they attain adulthood.

Speaking at the reception, the First Lady described the team’s achievement as a defining moment for Nigerian and African sports, noting that the Flamingos had become the first African nation to win the prestigious FIFA U-17 Women’s World Cup.

She congratulated the players for their determination, teamwork and resilience, which helped them win six consecutive matches to emerge as world champions.

According to her, the victory has elevated Nigerian football, inspired millions of young girls and opened a new chapter for women’s football across Africa.

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She also acknowledged the contributions of parents, guardians and supporters who helped nurture the young footballers and encouraged them to pursue their ambitions.

On behalf of Tinubu and Nigerians, she congratulated the champions and urged them to remain committed to their careers despite the attention and celebrations surrounding their achievement.

The President also specifically recognised Awawu Bashiru and Oluebube Umejiaku for their decisive contributions in the final, where their goals secured Nigeria’s historic victory.

Umejiaku was additionally celebrated for emerging as the tournament’s Most Valuable Player and winning the Golden Ball award.

Tinubu urged the players to remain humble, disciplined and focused, warning against allowing the celebrations to distract them from their football careers and future ambitions.

He also commended head coach Akeem Busari, his technical crew, medical personnel, administrators and other officials for their dedication and sacrifices throughout the competition.

Chairman of the National Sports Commission, Shehu Dikko, explained that the ₦100 million reward for each player would be invested in five-year Federal Government savings bonds attracting between 12 and 14 per cent annual interest.

He said the investment structure was deliberately adopted because the players were still minors and needed protection from the risks associated with receiving large sums of money at a young age.

According to Dikko, each player is expected to receive approximately ₦1.1 million monthly from the investment, providing financial support for education, family needs, training and welfare while preserving the principal amount.

He added that the bonds would mature when the players had attained adulthood, giving them an opportunity to make informed decisions about their finances.

The Flamingos’ victory in Morocco marked a historic achievement, making Nigeria the first African country to win the FIFA U-17 Women’s World Cup and the first African women’s team to claim a FIFA World Cup title at any level.

The presidential reception was attended by government officials, sports administrators, representatives of the National Sports Commission and other dignitaries.

Ihesiulo Grace Amarachi is a Nigerian journalist, writer and media professional serving as the Editor-in-Chief of TheTraffic.NG, a digital news platform covering national and international affairs. Her editorial interests span politics, business, aviation, health, technology, entertainment, sports and social development. She is committed to credible journalism, insightful reporting and compelling storytelling that informs public discourse and keeps readers abreast of important developments in Nigeria, Africa and beyond.