African Cup of Nations champions, Algeria will get the sum of $4.5 million, while the second-placed team Senegal will get $2.5m.
The Super Eagles of Nigeria will get N714m ($2m) from the Confederation of African Football (CAF) for participating and coming third at the recently concluded 2019 Africa Cup of Nations (AFCON) in Egypt.
Nigeria finished third after beating Tunisia 1-0 in the third-place game to win the bronze medal for a record eighth time in AFCON history.
The prizes will be distributed as follows:
Angola and Kenya (Third place in group-stages): $620.000
Round of 16: $670.000 (Benin, Uganda, Egypt, Mali, Guinea, DR Congo, Cameroon and Ghana)
Quarter-finals: $800.000 (Madagascar, Ivory Coast, South Africa and Benin)
Semi-finalists: $2 million (Nigeria and Tunisia)
Senegal: $2.5 million.
Algeria: $4.5 million.
Source: LIB
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How can the ministry spend $4.5 Million for a reward of $670,000? If the ministry was to be a private business entity, will it do such kind of business? We need to restructure our bonus system in the country, by first demolition the current black stars squad and forming a new one with dedicated players and not money conscious players.