Gov. Fayemi signs sports development trust fund bill into law

Gov. Fayemi signs sports development trust fund bill into law

Gov. Kayode Fayemi has signed into law, the Ekiti State Sports Development Trust Fund (SDTF) Bill, which seeks to promote sports, attract sponsorship and transform sports into an employment generating sector for youths.


Mr Ayodeji Samo, the General Manager, Ekiti State Sports Council, made this known via a statement in Ado Ekiti on Sunday.


He said that the Fund, when implemented, would bring more development to the sports sector.


“With the Fund in place, there would be public-private partnership in the sponsorship of sporting activities and it will also 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 employment for our youths.


“We should also build their skills to enable them to compete locally, nationally and internationally,” Samo quoted Gov. Fayemi, in the statement, as saying.


The general manager commended the governor for the development, saying it was unprecedented in the history of sports in the state, alongside several other giant strides to develop the sector.


He identified such accomplishments as the creation of the ministry of sports, the re-surfacing of the Oluyemi Kayode Stadium and the regular sponsorship of the Ekiti United Football Club, as well as the state’s female team, among others.


Samo said: “The board and the management of the sports council appreciate the SDTF that was signed into law by Gov. Fayemi. This is unprecedented and it 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 it is capital intensive. Now that more funding will be available through SDTF, Ekiti will soon gain recognition as a state with huge potentials in sports and we can rake in more revenues for the state,” he said.


Samo thanked the state House of Assembly for the speedy passage of the bill, describing it as a potent tool that would lift the sports sector in the state to enviable height.

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