1. Those companies did not build those stadiums; they simply paid for the naming rights. For example, Mercedes-Benz pays an average of $12 million per year to have its name on the stadium.
2. The disparity between the cost of maintaining such facilities and the income they generate is so vast that they could easily become white elephants.
Maintaining the Mercedes-Benz Stadium costs about $5 million monthly. There is simply no market for such facilities here.
3. What we need are small arenas (with capacities of 5,000 to 10,000) that have well-maintained playing surfaces and other decent facilities in every Local Government Area across the country.
4. Local Governments (not the president) across the country should be doing (thats if their governors allow local government autonomy to thrive)
5. We can also encourage companies and individuals to build such facilities. For example, I built full-sized pitch (personal funds) at Urban Day Grammar School, Ibadan.
Guess what? We have already unearthed some talents who are now on their way to trials abroad.
Imagine what we could achieve if we all joined hands and did this at scale.
Imagine 10 worldclass stadiums built in Nigeria by
NNPCL
Dangote Group
Transcorp
Seplat
Airpeace
Fidelity
Paystack
1xbet
Bet9ja
Drup
This can happen! All you need is a President that is interested in sports development