C Ronaldo beats Floyd Mayweather to become world's highest paid athlete (See Full list)

The list of top earning athlete in the world

Cristiano Ronaldo has become the top earning athlete in the world after making £61million last year alone beating long-term leader Floyd Mayweather Jnr into first place. The retired boxer, who fought just once within the last 12 months, earned £30million

Ronaldo struck a £38.5million-a-year salary with Spanish giants Real Madrid. Plus his endorsement deals with Nike, watchmaker Tag Heuer and nutrition supplements group Herbalife were worth £22million

His football rival Lionel Messi is second on the list raking in £56million within the last year.

the list of top earning athlete in the world

Cristiano Ronaldo has become the top earning athlete in the world after making £61million last year alone beating long-term leader Floyd Mayweather Jnr into first place. The retired boxer, who fought just once within the last 12 months, earned £30million

NFF’s 5.9 billion Naira budget for 2016

Anyone who wants to spend $30 million on football must have more than $30 million otherwise it should not be called a budget. Budgeting is making sure you are spending less than you are bringing in and planning for the short and long term. The Nigeria Football Federation just released a budget proposal of N5.9 billion, which is about $30 million. I am happy that we have a budget, but unhappy because we do not have revenue numbers. We have revenue sources but no figures as to what they will contribute to us spending this amount. The named revenue sources are the federal government, Fifa/Caf, GLO and Guinness. My University of Texas spends (budget) $25 million a season on its American football programme, but has a revenue base of $103 million, making it the most profitable football program in America. The University of Alabama has the highest American football budget of any school ($36 million), but has a smaller revenue base than Texas - $83 million. Hope you get my gist, budgets

2016 budget will focus on job creation in every sector in the country

The Presidency on Tuesday, December 22 2015 has said that the 2016 budget will focus on job creation in every sector in the country While giving his speech at the National Assembly, he vowed that the federal government will invest to safeguard lives and properties of Nigerians in order for them to operate in secure environments. Also, he added that the federal government is ready to work in the interests of Nigerians and will fight for the protection of its citizens. He said: “We assure Nigerians that our 2016 borrowings will be properly directed while 1.36 trillion naira has been provided for foreign and productive aspects. “We are here to serve and indeed Nigerians will get a service they have longed for and rightfully deserve. However, while assuring Nigerians that the trust bestowed in the government is not breached, he also suggested that the Nigerian economy needs to find other means of revenue apart from oil. “This budget is a major step in delivering. We have demonstrated a strong will to fight corruption. “We implemented the Treasury Single Account which has provided greater visibility to revenue and cash flow,” he added. Bukola Saraki, the Senate President said the 2016 budget must be bold and pragmatic in providing transparent incentives and conducive environment that will prime private sector-led development, encourage local production and promote made-in Nigeria goods. “The National Assembly has a critical role to play and we recognize this role. On the budget we are willing and ready to provide the scrutiny necessary to pass only a budget that can be implemented comprehensively to the letter,” he said. Yakubu Dogara, the Speaker of the House of Representatives who was also present at the presentation commended President Muuhammadu Buhari for submitting the budget in person to the National Assembly as it had become a norm for it to be communicated to the National Assembly through post or email. He thanked Nigerians for their confidence in the federal government and also urged his colleagues for the speedy passage of the budget. After Dogara’s speech, the members of the house of representatives chanted a loud cheer saying “Dogara, Dogara” to show support and solidarity with the speaker. Naij.com recalls that the Medium Term Expenditure Framework (MTEF) was submitted barely three weeks to the end of 2015 financial year which is violating provisions of Fiscal Responsibility Act provisions. The budget is usually preceded by the MTEF and FSP. The MTEF document according to law was supposed to have been submitted for approval by August 2015 four months to the end of the financial year requirement stipulated in the Fiscal Responsibility Act.‎ Meanwhile, the submission of the budget by the Presidency led to the extension of proceedings beyond Thursday the 17th of December 2015 which was earlier agreed for Thursday, December 17 2015, to resume January 2016.‎

The Presidency on Tuesday, December 22 2015 has said that the 2016 budget will focus on job creation in every sector in the country While giving his speech at the National Assembly, he vowed that the federal government will invest to safeguard lives and properties of Nigerians in order for them to operate in secure environments. Also, he added that the federal government is ready to work in the interests of Nigerians and will fight for the protection of its citizens. He said: “We assure Nigerians that our 2016 borrowings will be properly directed while 1.36 trillion naira has been provided for foreign and productive aspects. “We are here to serve and indeed Nigerians will get a service they have longed for and rightfully deserve. However, while assuring Nigerians that the trust bestowed in the government is not breached, he also suggested that the Nigerian economy needs to find other means of revenue apart from oil. “This budget is a major step in delivering. We have demonstrated a strong will to fight corruption. “We implemented the Treasury Single Account which has provided greater visibility to revenue and cash flow,” he added. Bukola Saraki, the Senate President said the 2016 budget must be bold and pragmatic in providing transparent incentives and conducive environment that will prime private sector-led development, encourage local production and promote made-in Nigeria goods. “The National Assembly has a critical role to play and we recognize this role. On the budget we are willing and ready to provide the scrutiny necessary to pass only a budget that can be implemented comprehensively to the letter,” he said. Yakubu Dogara, the Speaker of the House of Representatives who was also present at the presentation commended President Muuhammadu Buhari for submitting the budget in person to the National Assembly as it had become a norm for it to be communicated to the National Assembly through post or email. He thanked Nigerians for their confidence in the federal government and also urged his colleagues for the speedy passage of the budget. After Dogara’s speech, the members of the house of representatives chanted a loud cheer saying “Dogara, Dogara” to show support and solidarity with the speaker. Naij.com recalls that the Medium Term Expenditure Framework (MTEF) was submitted barely three weeks to the end of 2015 financial year which is violating provisions of Fiscal Responsibility Act provisions. The budget is usually preceded by the MTEF and FSP. The MTEF document according to law was supposed to have been submitted for approval by August 2015 four months to the end of the financial year requirement stipulated in the Fiscal Responsibility Act.‎ Meanwhile, the submission of the budget by the Presidency led to the extension of proceedings beyond Thursday the 17th of December 2015 which was earlier agreed for Thursday, December 17 2015, to resume January 2016.‎