Tokyo Olympics: Gold Medalists Will Get A $15,000 Prize From FG

For gold, silver, and bronze medalists in the 2020 Tokyo Olympics, the federal government plans to provide monetary prizes of $15, 000, $10,000, and $7,500, respectively.

The statement was made on Tuesday in Tokyo by Simon Ebohdjaiye, Director, Federation and Elite Athletes Department (FEAD), Federal Ministry of Youth and Sports Development.

Because of the players’ devotion, he claimed the award was increased from the initial sum mentioned.

“The gold medalist will now get a prize of $15,000, while the silver and bronze medalists will receive $10,000 and $7,500, respectively.

“The previous prize was $5,000 for gold, $3,000 for silver, and $2,000 for bronze,” he explained.

The gesture, according to the Director, was made to emphasize that the Federal Government will always recognize exceptional achievement.

Blessing Oborududu and Ese Brume are the first to get the monetary prize after winning Silver and Bronze, respectively.

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