Ibrahim Shehu-Gusau, embattled President, Athletics Federation of Nigeria, has said the federation will work diligently to unravel all corrupt practices.
Shehu-Gusau said this on Sunday in a news conference to address the situation of things happening in the federation.
He said the measure was in keeping with the President Muhammadu Buhari’s commitment to accountability and transparency,
He said: “On the inauguration of our Board in July, 2017, I was confronted with an allegation in respect of $150,000 paid to the AFN.
“I was accused of mismanaging the funds and in keeping with the President Muhammadu Buhari’s commitment to accountability and transparency, I submitted myself to the relevant agencies for investigation.
“The individual reports exonerated me from any culpability but raised questions which the agencies are diligently pursuing.
“My action in submitting myself to be investigated laid the foundation for the misunderstandings being experienced in the AFN today.
“It is common knowledge that the President of the Federal Republic of Nigeria, President Muhammadu Buhari has been doing everything within his powers to attract foreign investments.
“He is also irrevocably committed to creating jobs, especially for our teeming youth.”
Shehu-Gusau said securing alternative means of funding the activities of the federation would ease the pressure on government.
He said: “The sponsorship deal signed with Puma attests to the capacity of this board to attract private funding for sports from within and outside the country.
“It will also create jobs for the youth of this country as sports has the capacity to create enormous job opportunities.
“This is part of the reasons we seek autonomy to enable us increase the funding base of the Federation.
“I am pleased to inform Nigerians that the Puma sponsorship deal, which is in kind, will run from September 1, 2019 to December 31, 2022.
“It is unique in the sense that Puma will deliver kits worth $2.76 million to the Federation in Abuja.
“That way, we do not have to spend scarce resources available to be travelling to Germany to collect the kits.
“We are working hard to ease the pressure on government yet some people are bent on frustrating our efforts.
“Since the advent of this current leadership, there has been one problem or the other, all geared towards directly administering the Sports Federations.
“The AFN is not the first and if something is not done to curtail their excesses, it will definitely not be the last.”