• About
  • Advertise
  • Privacy Policy
  • Contact
Monday, August 4, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

PUMA terminates four-Year contract with Athletics Federation of Nigeria

August 5, 2021
Stephen M.Cby Stephen M.C
in Sports
0
German sportswear manufacturing giants, PUMA has terminated its four-year contract with the Athletics Federation of Nigeria (AFN).

A collage of the Predsident of AFN and Puma

German sportswear manufacturing giants, PUMA has terminated its four-year contract with the Athletics Federation of Nigeria (AFN).

According to PUMA, the termination of the deal was as a result of Nigerian athletes’ inability to wear the brand at the ongoing Tokyo 2020 Olympics.

In a letter signed by the company’s director, Manuel Edlheimb, PUMA said it was officially notifying the Athletics Federation of Nigeria of its termination of sponsoring and Licensing Agreement.

RelatedPosts

Son Heung-min Confirms Tottenham Exit 

Messi Faces No ‘Special Saudi Protection’ Amid Inter Miami Exit Speculations 

Real Madrid Reportedly Willing to Sell Vinicius Jr. 

“We are referring to the licensing and sponsoring agreement signed between our company and your federation.

“As a direct consequence of the recent developments, particularly at the Tokyo Olympic Games 2020 and pursuant to clauses 9.2 and 7.3 of the Agreement, we hereby terminate the Agreement with immediate effect.

“PUMA especially declares to be discharged from any or all obligations towards all stakeholders involved and reserves all rights against these entities and individuals”.

The Athletics Federation of Nigeria under the leadership of Engineer Ibrahim Gusau signed a 4-year contract with PUMA in 2019 and was due to expire in 2022. It is worth noting that the sponsorship was worth 2.7 million dollars.

Ibrahim Shehu Gusau 2
Engineer Ibrahim Gusau
  • Tokyo Olympics: Takyi’s superb comeback ends Ghana’s 29-year medal drought
  • Tokyo 2020: Olympic Games Officially Kicks off as first transgender athlete aims for Historic Medal

Part of the contract is that PUMA will supply kits to all age categories to Nigeria’s Athletics team for four years at no cost.

In addition, gold medalists at the Olympic Games will earn 15,000 dollars, silver medalists will get 5,000 dollars while a bronze medal will fetch athletes wearing the PUMA apparel at the games for 3000 dollars. This means, Ese Brume would have gotten an additional 3000 dollars for winning bronze wearing PUMA kit if the deal was still on.

The termination of the deal comes amidst an alleged leadership tussle between the Ibrahim Gusau-led AFN board and that headed by the Minister for Youths and Sports, Sunday Dare.

breaking okagbare suspended after testing positive for human growth hormone
Patience Okon-George, a Nigerian athlete

The Federal Ministry of Youth and Sports Development supported by the Athletics Federation of Nigeria, denied knowledge of the contract as the deal was shrouded in secrecy between Gusau and Sunday Adeleye who was the Technical Director of the immediate past board.

The minister is said to have vowed that the Nigerian Athletes will not wear the PUMA kits, stating that the contract is “a subject of a criminal investigation”.

Last year, the Department of State Services cleared Gusau and his Vice President Sunday Adeleye over corruption allegations leveled against him by the sports ministry.

Things fall apart for team Nigeria

Well, it seems things are falling apart for the Nigerian team in the Tokyo 2020 Olympic games as there is one tragic story after the other and some have blamed it on the happenings in the country.

First was the disqualification of ten Nigerian athletes by the Athletics Integrity Unit from the games because they did not show up for routine testing.

The athletes protested at the Olympics village as they carried placards and blamed the Athletics Federation of Nigeria (AFN).

“All we wanted to do was to compete”, “Dreams shattered”, were some of the write-ups on the cardboard.

Nigeria athletes 7

The other incident was the video of Chukwuebuka Enekwechi, another athlete who is representing Nigeria for the Shot-Put competition who was washing his jersey because that is the only one he has.

Read also: Olympics bans swim cap for afro hair

Tags: Athletics Federation of NigeriaChukwuebuka EnekwechientertainmentGhana Newspuma
Please login to join discussion
Previous Post

Cellulant roles out digital payment solutions for businesses in Ghana

Next Post

President Akufo-Addo tips new NPP Presidential candidate to win 2024 election

[mc4wp_form id="1264"]

Related Posts

Pakistan, Iran Ink Deals Across Various Sectors
Asia

Pakistan, Iran Ink Deals Across Various Sectors

August 3, 2025
President John Dramani Mahama, With Minister Bianca Odumegwu-Ojukwu, Ghana, Nigeria
General News

President Mahama Dispels Nigerian Deportation Fears After Viral Video

August 3, 2025
DSTV Pricing under scrutiny
General News

MultiChoice Grilled On DSTV Pricing 

August 3, 2025
Newmont Finalises $770M Sale of Akyem Mine to Zijin Mining 
Extractives/Energy

Newmont Finalises $770M Sale of Akyem Mine to Zijin Mining 

August 3, 2025
Ghana’s Minister for Communications, Digital Technology and Innovations, Hon. Samuel Nartey George
General News

Sam George Rejects DStv’s Proposal, Insists on Price Reduction

August 3, 2025
New Wave Of Violence Displaces Thousands In Mozambique
Africa

New Wave Of Violence Displaces Thousands In Mozambique

August 3, 2025
Pakistan, Iran Ink Deals Across Various Sectors
Asia

Pakistan, Iran Ink Deals Across Various Sectors

by Comfort AmpomaaAugust 3, 2025
President John Dramani Mahama, With Minister Bianca Odumegwu-Ojukwu, Ghana, Nigeria
General News

President Mahama Dispels Nigerian Deportation Fears After Viral Video

by Silas Kafui AssemAugust 3, 2025
DSTV Pricing under scrutiny
General News

MultiChoice Grilled On DSTV Pricing 

by Lilian AhedorAugust 3, 2025
Newmont Finalises $770M Sale of Akyem Mine to Zijin Mining 
Extractives/Energy

Newmont Finalises $770M Sale of Akyem Mine to Zijin Mining 

by Prince AgyapongAugust 3, 2025
Ghana’s Minister for Communications, Digital Technology and Innovations, Hon. Samuel Nartey George
General News

Sam George Rejects DStv’s Proposal, Insists on Price Reduction

by Evans Junior OwuAugust 3, 2025
New Wave Of Violence Displaces Thousands In Mozambique
Africa

New Wave Of Violence Displaces Thousands In Mozambique

by Lawrence AnkutseAugust 3, 2025
Pakistan, Iran Ink Deals Across Various Sectors
President John Dramani Mahama, With Minister Bianca Odumegwu-Ojukwu, Ghana, Nigeria
DSTV Pricing under scrutiny
Newmont Finalises $770M Sale of Akyem Mine to Zijin Mining 
Ghana’s Minister for Communications, Digital Technology and Innovations, Hon. Samuel Nartey George
New Wave Of Violence Displaces Thousands In Mozambique
[/vc_row_inner]

Recent News

  • Pakistan, Iran Ink Deals Across Various Sectors
  • President Mahama Dispels Nigerian Deportation Fears After Viral Video
  • MultiChoice Grilled On DSTV Pricing 
  • Newmont Finalises $770M Sale of Akyem Mine to Zijin Mining 
  • Sam George Rejects DStv’s Proposal, Insists on Price Reduction
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.