WHY PUMA Terminated Its Contract With Nigeria (VIDEO) - Gistlover
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WHY PUMA Terminated Its Contract With Nigeria (VIDEO)

German sportswear manufacturing giants PUMA has terminated its four-year contract with the Athletics Federation of Nigeria, this comes after the company donated Olympic kits worth over 2.7 million dollars to Nigeria athletes, but the federal government embezzled them leaving the athletes with only one substandard uniform that they had to wear throughout the entire Olympic games.

One of the athlete’s had to wash his uniform in other to compete in the shot put finals thanks to the negligence’s and lack of professionalism of Nigeria government .

In the letter of termination of Sponsoring and Licensing Agreement, issued on Wednesday PUMA said, “we are referring to the licensing and sponsoring agreement signed between our company and your federation”.

“As a direct consequence of the recent developments, particularly at the Tokyo Olympic Games 2020 and pursuant to clauses 9.2 and 7.3 of the Agreement, we hereby terminate the Agreement with immediate effect.

“PUMA especially declares to be discharged from any or all obligations towards all stakeholders involved and reserves all rights against these entities and individuals,” the statement added.

Former Senator, Shehu Sani shows off the alleged Olympic kits for Nigerian athletes wasting away

He writes:

“These are the $2.7 Million kits freely donated to Nigeria by @PUMA and an offer of financial reward to our medal wining Athletics,which was rejected by Our officials;They instead used Public funds to purchase from other sources;And now the embarrassment in Tokyo”.

Who did we offend?

Tags: PUMA

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