Calabar — The Athletics Federation of Nigeria (AFN) yesterday announced that winners of its jackpot prize in this year's event will smile to the bank with N4 million instead of the previous N1 million.
President of the Federation, Chief Solomon Ogba, who stated this at a media briefing in Calabar, explained that the federation has raised the jackpot for this year's meet to four million naira as against one million naira in the previous editions.
"The AFN has increased the jackpot money to four million naira compare with last year which was only one million naira. To qualify for the N2m jackpot, the winner must have hit 99.9 in the 400m race for women while winner for the men should hit 10.99 and would also go home with N2m."
Ogba also said that the AFN will appreciate deserving athletes with prize money of $2,500.00, which according to him will only go to those qualified athletes that will be selected for the Olympic Games.
Ogba also revealed that the federation will spend at least N80m to organize the All Nigeria Athletic champion which begins in Calabar today.
Already, he said the AFN has spent N26m on air tickets to bring in several foreign-based athletes for the annual sports meet.
He said the AFN would use the Calabar event to select those that will represent Nigeria at the 2012 Olympics holding in London this year, stressing therefore that the federation has raised the bar and would be very strict about it in order to be able to pick athletes that can compete against the world's best.
"During this national championship, we are going to be very strict about the standards, and we shall not have any apologies. This is to enable us pick the best materials that would compete against the best in the world", he said.
To achieve this required standard, those athletes that would also meet the 'A' standard rating of the IAAF, such would qualify to win additional $20,000, he maintained.