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GTI To unveil football fund for sports development in Nigeria

By Eniola Daniel
05 March 2022   |   3:06 am
Innovative Financial Services, GTI is set to unveil a football fund project to serve as a catalyst for the transformation of sports business development in Nigeria.

Innovative Financial Services, GTI is set to unveil a football fund project to serve as a catalyst for the transformation of sports business development in Nigeria.
  
The Board and Management of GTI Asset Management and Trust Limited said the idea is a bold step towards harnessing the untapped potential in sports from the developmental and marketing points of view.
 
Group Managing Director/CEO, Abubakar Lawal said beyond its universal appeal which transcends all known and apparent geographical and ethnic boundaries, sports business is not only lucrative but also offers multiple streams of income to thousands of business concerns across different sectors of any economy.
  


He added that GTI’s aspiration is to help deliver a project that will serve as a one-stop-shop for all stakeholders whose common aspiration is to see sports in Nigeria attain new heights of development leading to a united people and stronger economy.
  
“In the sports sector where others see challenges, GTI has dared to see possibilities. Because funding has always been a challenge to the growth of sports in Nigeria, we intend to harness the various resources through innovative financial schemes and help build a very vibrant football economy in the sports ecosystem.”

To achieve this, we have created a unique model focusing on sports business because football is a multibillion-dollar business in other climes and we intend to replicate the same in Nigeria.”
He further enthused, “The fund would be an enabler that will facilitate wealth creation for our citizens and collective prosperity for our nation”
 
The event, which will have in attendance sports administrators, prospective investors and key stakeholders in the sports world, will be launched on March 22, 2022.
 

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