Businessman Kessington Adebutu has agreed to renovate the National Stadium in Lagos.
This was contained in a statement by media office of the Minister of Youth and Sports, which was made available to our correspondent.
Adebutu who runs betting company Premier Lotto popularly called Baba Ijebu made this known at the launch of the Adoption Campaign at the Civic Centre, Lagos on Monday.
His gesture came after sports minister, Sunday Dare, called on rich Nigerians and corporate organistions to support sports financially in the country and also adopt an athlete in preparation for the 2020 Olympics Games in Tokyo, Japan and other competitions.
Aliko Dangote had also earlier promised to renovate Moshood Abiola Stadium Abuja after a meeting with Dare.
According to Dare, Nigeria needs a total of N14bn to prepare for the Olympics in 2020 but had just N2bn in the budget.
“This is why we want the corporate world to come in and support our quest to do well at the Olympics. Government can not do it alone,” Dare said.
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