The organizers of the Nigerian Professional Football League (NPFL) have officially announced that the 2023/24 season is set to commence on Saturday, September 30 at various locations across the country. In a letter addressed to the 20 participating clubs and league stakeholders, NPFL’s Chief Operating Officer, Davidson Owumi, revealed that the season’s champions would be awarded ₦150 million as the prize money, marking a 50 percent increase from last season’s reward. Additionally, the letter also highlights the disbursement of start-off grants totaling ₦200 million to be distributed among the 20 clubs. Owumi, addressing the club chairmen and general managers, stated in the letter, “The 20 clubs will, as was done last season, receive a take-off grant of ₦10 million each to facilitate your operations as the season kicks off. We are, therefore, expecting the clubs to promptly provide their respective bank account details to the NPFL secretariat for the transfer of this amount, as the season is scheduled to commence on Saturday, September 30, 2023.”
Regarding the prize money, the letter explained, “After thorough deliberations by the chairman and our strategic partners, it was unanimously agreed that the prize money, as it truly reflects the league’s value, be increased to ₦150 million.” The letter also addresses certain marketing concerns and assures the clubs that the NPFL board will consistently make decisions and form contracts that serve the best interests of the league and its participating clubs.