World’s leading brand, NIKE, is to supply kits to the value of $750,000 to the various National Teams of Nigeria in the first year of the contract recently signed with the Nigeria Football Federation.
Details of the contract, signed at The Soho Hotel, Richmond Mews, London on Thursday, showed that the products value would increase in the second year, with American company NIKE committed to supplying kits to the value of $1 million to the Nigeria National Teams.
NIKE will supply kits worth the sum of $1 million to the National Teams in the year 2017 and 2018.
The three-and-half year contract was signed by NFF President, Amaju Pinnick, and General Secretary, Mohammed Sanusi, with Tina Salminen, NIKE’s African Football Sports Marketing Director, representing the American behemoth.
There are also various bonuses specified for any of the National Teams that qualifies for major international championships, with the Super Eagles to earn up to $500,000 at the 2018 FIFA World Cup finals in Russia.
The NFF said: “We are comfortable with the contract, because NIKE came across during the negotiations as being fluid and ready to listen to our demands. That is always the key aspect; you always need a partner with a listening ear.
“Nigeria football is happy to associate with a global leader and I am much convinced this is just the beginning. As we go along, NIKE may also be willing to partner with some of our domestic Clubs and even the League Management Company.”