Fayemi signs Sports Development Fund into law
By Samuel Ogunsona
The Ekiti State Governor, Dr Kayode Fayemi has signed a new law to promote sports.
The new law establishes Sports Development Trust Fund to boost the sports for social and economy development.
The Ekiti State Sports Development Trust Fund(SDTF) with the new law has now been established.
A statement by the General Manager, Ekiti State Sports Council made available to Irohinoodua quoted Fayemi as saying the fund would bring more development to the sports when implemented .
Fayemi said with the fund in place, there would be Public-Private partnership in the sponsorship of sporting activities and make the sector a priority of government in terms of funding .
“SDTF is strategic for the development of sports. Now that white collar jobs are not in place, there would be need for us to develop the sports sector to help in generating employments for our youths and build their skills to be able to compete locally, nationally and internationally”.
Speaking about the benefits of SDF, the General Manager, Ekiti State Sports Council, Mr. Deji Samo, applauded the governor for the feat, saying it was unprecedented in the history of sports in Ekiti.
Samo added that Fayemi has made giant strides to develop the sector by ways of creating the ministry of Sports, regrassing of Oluyemi Kayode Stadium and the sponsorship of the Ekiti United Football Club and a female team for the state.
According to the General Manager ; “The board and the management of sports appreciate the SDTF that was signed into law by Governor Fayemi. This is unprecedented and will boost sporting activities in our dear state.
“With this , our athletes can now attain a higher height and win more laurels and trophies for our dear state locally, nationally and internationally.
“Sport is a money spinning activity, but capital intensive. Now that more funding will be available through SDTF, Ekiti will soon gain recognition as a state where huge potentials abound in sports and we can rake in more revenues into the State” .
Samo thanked the State House of Assembly for the speedy passage of the bill, he described as potent weapon that would bolster sports sector in the state.