MUHARAM 7, 1428 A.H.
Thursday, January  25 2007
 

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I inherited empty treasury --NFA Boss
NFA chairman Sani Lulu Abdullahi has disclosed to KICK OFF that he met no money in the treasury of the association when he assumed office in August.
In a chat with KICK OFF at the association's Secretariat in Abuja on Tuesday, Lulu said, "I must tell you that from the report I got, I met almost nothing and I met an NFA that was indebted, that was owing organizations, hoteliers, traveling agencies and so many people including NFA staff close to almost 300 million naira," the former FCT Football Association boss revealed.
He said that the association under his leadership was able to pay a large part of the money with only 50 million naira debt left to be settled.
"With the support of my Executive Board members and also like I promised Nigerians, we were able to address this situation. Luckily when I got the Globacom money, I said we have to use it to settle debts.
"We got about 168 million naira from Glo and we used the money to settle almost the 300 million naira debt. What we adopted was to call all these various individuals we owed for renegotiation and we were all on our knees begging them to accept what we had to pay them.
"A hotelier like D' Rovans in Ibadan was owed about 14 million naira and he had to finally accept eight million naira. He happily accepted it because he saw the genuineness and sincerity of purpose in the new board.
"I want to say the Nigerians out there are now happy with us because we have settled their debts and they are now going to be good partners to this board," the NFA boss stated.