World football governing bidy, FIFA has revealed the prize money to be handed to federations participating at the Russia 2018 World Cup and, like other participants, the Nigeria Football Federation (NFF) are guaranteed $8 million for the group stages.
The prize is the least that a participating federation would earn as the amounts for going further in the competition rises.
While $8 million was the same amount received by countries that only lasted in the group phase of the 2014 World Cup in Brazil, there is a significant increase starting from the knockout phase.
The Super Eagles under the late Stephen Keshi fetched the then Aminu Maigari-led NFF $9 million for staging a round of 16 exit at the 2014 edition in Brazil after France inflicted a 2-0 defeat on the team, however, should they achieve the same feat in the summer, they would be making $12 million [$3 million more].
As opposed to $14 million handed to quarterfinalists in 2014, teams unable to progress past the last-eight would receive $16 million.
Defending champions Germany made for the German Football Association $35 million while second-placed Argentina were handed $25 million, Netherlands and hosts Brazil $22 million and $20 million for finishing third and fourth respectively.
In Russia, the winning federation would get $38 million, while the runners-up, third and fourth teams would get $28 million, $24 million and $22 million respectively for their governing bodies.
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