The Nigeria Basketball Federation (NBBF) has signed a 5-year deal with Total E&P Nigeria worth N150m for the sponsorship of the Men’s Divisions One and Two leagues.
The NBBF and Total partnership which will run between 2020 and 2025 will see Divisions One and Two receiving fifteen million naira (N15m) each annually to organize and run the leagues.
Speaking at the event held on Tuesday September 15, 2020 in Lagos which had the Minister of Youth and Sports, Sunday Dare in attendance, NBBF President, Engr Musa Kida said the sponsorship by Total E&P which is the first ever partnership with the lower levels of basketball has opened a new vista in the corporate sponsorship of sports in Nigeria.
“Being satisfied with the concept and organization of the leagues in the past two years, we are very elated that Total E&P Nigeria Limited has now committed to extend their sponsorship arrangement with the NBBF for both competitions under the same framework for another 5 years…
Source: Complete Sports