Tokyo Olympics: Nigeria Promises Gold Medalists $15,000 Cash Reward

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The Federal Government on Tuesday promised to give Nigerian gold medalists at the ongoing Tokyo Olympics a cash reward of $15,000 each.

The Director, Federation and Elite Athletes Department (FEAD) at the Federal Ministry of Youth and Sports Development, Simon Ebohdjaiye, added that winners of silver medals will get $10,000 each while bronze medalists will receive $7,500.

The News Agency of Nigeria (NAN) reported that Ebohdjaiye made the announcement shortly after wrestler Blessing Oborodudu won Team Nigeria’s second medal at the games.

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He said the reward was an upward review from the initial amount announced due to the dedication of the athletes.

“Gold medallist will now be rewarded with $15,000, while silver and bronze medal winners will each get $10,000 and $7,500 dollars respectively.

“The earlier award is $5,000 for gold, $3,000 for silver, and $2,000 for bronze,” he said.

The director said the gesture was to fulfill the federal government’s promise to always reward superlative performances.

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