The sports
industry has grown to the point that Government alone cannot fund. Every year
the government makes provision in the annual budget for sports and each year
the sports federations are complaining. The reason for this recurring decimal
of low funds is based on lack of not involving the private sector. Truly
speaking, with the way funds are managed by the government, it will be
difficult for the private sector to come on board. One of the factors for low
patronage of the private sector is lack of accountability in sports. The
bureaucratic bottle necks is not helping matters as it take time for policies
to develop and implemented. The amount being spent is low compared to the
output expected and the result is few talents discovered with the country only
participate in few competitions. The sports federations are over dependent on
government with some of the sports administrators failing to keep their campaign
promises of financial independence. The federal budget for sports cannot be
more than what it is presently as other sectors of the economy cannot be neglected
therefore the success of our sports development rest squarely in the hands of
the private sector. Sports like football takes a large chunk of sports budget
and it is still not enough. Our sports administrators need to look inwards and
think outside the box on ways to win over the private sector in sports.
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