The Nigerian Football Federation has revealed more details about Super Eagles head coach, Gernot Rohr's new proposed contract where he is supposed to start earning his new salary in Nigerian Naira rather than US Dollars. NFF President Amaju Pinnick recently revealed he had tabled a new contract to Rohr with three new clauses namely; - He must reside in Lagos or Abuja - He must agree to be paid in Nigerian currency so as to strengthen the Nigerian naira and - He must watch Nigerian league games in order to choose home-based players that can play for the Super Eagles and become international stars. The tactician's new contract will see him receive a salary worth $55,000 monthly in local currency. Football lovers in the country criticized the NFF President for talking publicly about an employee's contract during negotiations saying they wanted to grandstand while looking for a way to force the Franco-German out of his job. The NFF vice president Shehu Dikko has now spoken out on the situation of the clause as the saying the Nigeria Football Federation inserted the naira payment condition in compliance with the government rules on foreign exchange as set by the Central Bank of Nigeria (CBN).“There is absolutely no issue whatsoever as everything is going through its normal due process and all required levels within the NFF,” Dikko told NationSport.“What the NFF president said in his TV interview with regards to some key terms NFF want to deepen in the new contact being worked on was nothing new as he has said the same things several times this year.“Recall there was even a ban on the transaction with foreign currency within Nigeria and even recently CBN have issued other further regulations which further banned the transfer of dollars that is paid to any account in cash.“So you can only transfer dollars that come into your account through transfer or something like that; paying Rohr in Naira actually made things easy for both parties as he will simply take what he wants to spend here and spend; then formally go through CBN official channels to transfer what he wants to transfer abroad.“This is how CBN regulates it so everything will be documented. So it doesn’t hurt anybody to pay him in naira but makes it all easier and clear to monitor within the CBN regulatory framework. The post NFF sheds light on 'use of Nigerian currency clause' in Super Eagles coach Gernot Rohr's new contract appeared first on Linda Ikeji Blog.
source http://www.lindaikejisblog.com/2020/4/nff-sheds-light-on-use-of-nigerian-currency-clause-in-super-eagles-coach-gernot-rohrs-new-contract.html
source http://www.lindaikejisblog.com/2020/4/nff-sheds-light-on-use-of-nigerian-currency-clause-in-super-eagles-coach-gernot-rohrs-new-contract.html
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