According to a statement shared with The Editor Nigeria on Wednesday by the ministry, Zenith bank, Access bank and Guaranty Trust Bank (GTB) have agreed to donate a cumulative sum of $200,000 (N100 million) on the Dâ€™Tigers and Dâ€™Tigress as they take on the world in Tokyo in a few days time
The ministry of youth and sports development has announced the adoption of both the Nigerian men and women basketball teams by three commercial banks ahead of the Tokyo Olympics.
The development is said to be part of the adoption initiative by the ministry of sports to aid the athletesâ€™ preparation for the Olympics.
â€œThe Adoption initiative of the Ministry of Youth and Sports Development yielded even more fruits on Wednesday as three commercial banks donated $200,000, about N100 million to jointly adopt the National Menâ€™s Basketball Team, Dâ€™Tigers and the female team, Dâ€™Tigress who are both on their way to the Tokyo Olympics, â€ the statement read.
â€œThe Ministry noted that Zenith, Access and Guarantee Trust (GT) banks responded in a timely fashion to the appeal by the Minister of Youth and Sports Development, Mr. Sunday Dare for corporate organizatios to adopt the national teams.
â€œDâ€™Tigers got $100,000 while Dâ€™Tigress also got $100,000 as support to prosecute their participation at the Tokyo 2020 Olympics.â€
The Dâ€™Tigers, who have been punching above their weight with recent victories over Team USA and Argentina, are in group B alongside Australia, Italy and Germany.
Dâ€™Tigress are also in group B where they are billed to play USA, Japan and France.
The Olympics will take place from July 23 to August 8, and the basketball event will begin on the third day.