

Sunday Dare
- Sports industry Policy will Accelerate Sports
Investment- Dare
A new dawn beckons for Nigerian
Sports with the presentation of the new Sports Industry
policy with Minister of Youth and Sports Development
Mr. Sunday Dare assuring that the policy would accelerate
sports development and add value to the talents of our sports men
and women.
Speaking while receiving the Draft National
Sports Industry Policy, Mr Dare said the event
was a milestone , with the capacity to change the face
of running sports business in Nigeria.
While congratulating members of the steering
committee of the Sports Industry Working Group (SIWG), the policy
validation committee and the National sport industry policy
drafting committee the relevant MDAs, and Ministries
for their commitment in bringing the draft Sports industry
policy into reality. ” On behalf of the
Federal Ministry of Youth and Sports Development,
i congratulate all members of the committee for
this giant stride, your commitment, dedication and doggedness
to bring this draft sports policy to reality.
Your efforts are highly appreciated. This policy
no doubt is a new dawn that will drive the process of moving
sports away from being recreational to business. I recall the
opportunity I had during the 25th Nigerian Economic Summit, to
chair its Sports Industry Business Roundtable Session. The session
featured various speakers from all sectors emphasizing the
challenges in developing sports as a viable business sector capable
of attracting investments and delivering returns to investors. This
gave birth to setting up various groups to review our 2009 sports
policy which no doubt is now obsolete.
“However the draft National Sports Industry Policy is a review
of the 2009 and 2018 editions and the exercise is
principally intended to update the norms and values in the sports
industry in achieving the mandate, vision and mission of the
Federal Ministry of Youth and sports Development in line with
international best practices. Most importantly to inject a
business model into our sports development.
”It is important to note that this reviewed National Sports
Industry Policy will proffer solutions to 4 key trigger issues – 3
I s and I P that will take sports to the next level –
Infrastructure, Investment, Incentives and policy.”
The Minister also commended the Permanent Secretary, Mr
Gabriel Aduda, Mr Ufot Udeme the co-chairman and other members of
the committee for their valuable contributions towards
the drafting the new National sport industry policy
The National sports industry policy will be unveiled to
the general public and the National council of sports for
comments and feedbacks before it would be
officially presented to the Federal Executive Council for
final approval.
Signed
- *Media Office, Minister of Youth and Sports Development*