Minister of Sports Development John Enoh says the federal government has adopted the National Sports Industry Policy for full implementation.The News Agency of Nigeria reports that the document provides an opportunity for corporate and private sector participation in sports development in the country.
He noted that the NSIP approved in the last administration of then President Muhammadu Buhari had been pegged for implementation in the current government, so as to boost sports development. The minister noted that the thrust of the policy is to advance sports as a business, not just as a mere recreation.He explained that the inter-ministerial committee set up in the last administration, comprising the Ministries of Sports and Finance as well as the Federal Inland Revenue Service was meant to agree on a series of incentives, which government was expected to approve.
“We want to build the trust and confidence of the private sector, so that competitions and the initiatives of the ministry can enjoy the support and endorsement of the private sector,” he said.
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