Ibru hands over to Ikeja Hotels’ new board

  •  As NFF plans to spend N1.6b in 2017 

Former chairman of Ikeja Hotels Plc, Mr Goodie Ibru, has handed over to a new board of directors chaired by Chief Anthony Idigbe (SAN).

Members of the new board are Mr Abatcha Bulama, Dr. Alex Thomopulos, Mr Toke Alex-Ibru, Mr Kunle Aluko, Mr Ufuoma Ibru, Mr Waheed Olagunju and Mrs. Fadeke  Alamutu.

Those who retired are Mr Ibru, Dr Oba Otudeko, and Mr. Rasheed Olaoluwa, who was replaced.

Idigbe formerly took over from Ibru at the Sheraton Hotel in Ikeja on Monday.

At a joint briefing in Lagos by Ibru and Idigbe, which was attended by some of the new board members, the SAN said all stakeholders were represented.

Ikeja Hotels Plc, which owns Lagos Sheraton Hotel and Federal Palace Hotel, among others, has been involved in a boardroom crisis.

Idigbe thanked Ibru for his services to the company and vowed to lead it to new heights.

He said: “Mr Goodie Ibru has graciously retired effective from the 17th. The company is very grateful for his services, and to his brother Alex of blessed memory. We’re very grateful.”

In the meantime, the Nigeria Football Federation (NFF) has been allocated the sum of N1.6 billion naira in the 2017 budget recently passed by the National Assembly.

A breakdown of the budget shows that the sum of N905,695,005 million was earmarked for overhead cost while the sum of N500 million is for tournament qualifiers and participation while personnel cost got the sum of N106,287,450 million.

The federation will spend N94, 447,715 million for salaries and wages while the 2017 Federations Cup for male has N90 million. Salaries of national coaches will take N10 million, publicity and adverts will cost the sum of N2, 169,344 million.

However, there is another N125 million meant for support for the League Management Company of Nigeria (LMC) and N10 million for support for the Nigerian Women League.

The sum of N30 million is for support for a certain Veteran Cup Foundation Competition.

To demonstrate how less important Nigeria takes sports development, only a paltry sum of N13.5 million is earmarked for grassroots football, while general maintenance and repairs will take N30 million.

Nation with additional report from Vanguard