N12 Billion Spent On Olympic Without Medals, Huge Waste, Says Obi

 

By Ighomuaye Lucky. O

 

The 2023 Presidential candidate of the Labour Party (LP), Mr. Peter Obi has described the bogus N12 billion spent on the just concluded 2024 Paris Olympics where no medal was won by Nigerian contingents as a huge waste of the country’s resources.

Recall that Nigeria finished with no single medal after spending over N12 billion while nine other African countries won medals.

In a series of posts on X, Obi expressed displeasure with the team’s inability to clinch a “single medal” despite the “huge financial investment.”

His words, the N12 billion earmarked for Olympics “is almost twice the amount budgeted for the entire Ministry of Science and Technology.”

He wrote: “Now that the Paris Olympics 2024 has officially ended and our dear Team Nigeria, despite the huge financial investment made into the project, is returning without a single medal, let me unreservedly register my displeasure with the performance of our team and their handlers.

“The rascality and recklessness that has continued to characterise leadership in our nation in nearly every department.

“The general impression that has come to stick is the one that portrays our country as a joke, even on the international stage.

“How can one explain that a country like Jamaica spent less than 5% of what we spent on our contingents for the Paris Olympics 2024 and won as many as 6 medals.

“Yet with our huge financial investments and large contingents, we could not win even a single medal?”

He decried the “reckless” removal of Favour Ofili’s name from the team by some officials despite training for the Olympics.

“This is over N136 million (about $85,000) spent on each of the 88 Nigerian contingents to the Olympics, and no single medal was won while Jamaica, a nation which spent far less than we did, a total of about $2300 on each contingent, won six medals; one Gold, three Silver and two Bronze at the Olympics.

“Let us consider the case of Favour Ofili, a Nigerian professional sprinter who trained for years for the 2024 Olympics, only for her name to be recklessly and wrongly removed from the list of athletes for the 100m race at the Olympics by Nigerian sporting authorities.

“What explanation can anyone give about Annette Echikunwoke, a former Nigerian hammer thrower, who was frustrated by the same rascality of some Nigerian leaders, making her switch her allegiance to the United States, where she eventually won a medal in the just completed Olympics?

“These same professional athletes were denied the opportunity to represent our nation in Tokyo 2020, for similar reasons of administrative recklessness.

“What a country! What a shame! When do we stop these rascalities that always rob our nation of golden opportunities to make a positive change?

“I call on the government to investigate these gross misconducts and make sure that those responsible do not have the opportunity to do so again.

“We must build a nation of discipline and commitment to duty, where competence and capacity reign. That is the New Nigeria we preach, and it is possible”, Obi added.