President Muhammadu Buhari has approved some of the funds for the Super Eagles campaign at the 2019 Africa Cup of Nations in Egypt.
The payment came after the players staged a protest on Tuesday over their outstanding bonuses and allowances at the Helnan Palestine Hotel in Egypt.
The Nigerian Football Federation's Vice President, Seyi Akinwunmi, confirmed that the federation received part of the money on Tuesday morning and immediately started the process to convert the money to US dollars to pay the players.
He said, “We want to specially thank President Muhammadu Buhari for his keen interest in resolving this matter quickly, which has enabled us to receive part of the money in record time.
“We have immediately started the process of converting the money to American Dollars at the Central Bank in order to pay the players the bonus for the win over Burundi three days ago as well as plan for subsequent games. We have paid these monies through our funds managers, Financial Derivatives Company on Monday, June 24, 2019.
“The only issue we had was that some of the players did not send their bank accounts and instead authorised their banks to pay their monies to some other individuals. The banks requested clear authorisation for this to happen. I was on a telephone discussion with the captain of the team Mikel Obi this morning and can safely say that all clarifications have been made and the usual cordial relationship and understanding between the players and the administrators is still intact.
“I have challenged them to go all out and win the trophy assuring them that their money all the way to the final is guaranteed. It’s now for the players to focus on the championship and deliver glory to the nation. I have no doubt of their ability to do that.”