Total E&P has signed a Memorandum of Understanding with the Nigeria Basketball Federation, which will see the oil giant sponsor the National Division 1 and 2 Men’s Basketball Leagues.
The agreement signed in Lagos on Tuesday means Total E&P will be funding the two leagues to the tune of N150 million over a period of five years.
In his remarks at the signing ceremony at the Eko Hotel & Suites yesterday, Managing Director and Country Chairman of Total Nigeria, Mike Sangster said that the company renewed the MoU because of the near perfect execution of the previous one by the board of the NBBF, led by Alhaji Musa Kida. The subsisting MoU, which was signed in 2018 expired this year
“We are proud of Ahmadu Musa Kida’s drive and direction which has taken Nigeria basketball to new heights,” he said.
The MD said the NBBF President, who, incidentally is the Deputy MD, Total Deepwater has been able to transform Nigerian teams and make it attractive to the extent that Nigerians in the diaspora want to identify with and play for the national teams.
“The male and female national teams have. For the first time, qualified for the same Olympics and Nigeria has become the best basketball-playing nation in Africa,” he said.
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