Coronation Insurance PLC has announced its corporate sponsorship of the World Tennis Tournament (WTT) to boost sporting activities in Nigeria.

Commenting on the WTT Tournament sponsorship, the Managing Director/CEO of Coronation Insurance Plc, Mr Olamide Olajolo stated that there is an urgent need to support national sporting bodies to implement targeted fund-raising programmes and prioritize the allocation of resources to enhance the growth of sports.

Similarly, the Managing Director/CEO of Coronation Life Assurance, Akinlolu Akinyele, said that “we are excited to be a part of this epoch-making tennis fiesta. Indeed, Sporting tournaments such as the WTT Contender Tournament can be utilized as a medium to democratize wealth creation and access, thereby encouraging participation in all sporting activities in primary, secondary, and tertiary educational institutions. These will help make the sports sector more appealing for the youth to pursue as a career and profitable for businesses”.

He maintained that sports can provide an important platform for youths to develop life skills that will enable them to cope better with everyday life challenges and transition away from drug abuse, violence, and crime.

Introduced by the International Table Tennis Federation in 2019, the WTT Contender is a prestigious event that showcases the participation of highly skilled professional table tennis players from various countries, both male and female, competing for the championship title.

The WTT professional tour has energized the elite player base by allowing them to fight for incentives and world ranking points, while also allowing up-and-coming stars of the sport to work their way up the ladder. The WTT Contender Series will make its African debut in Durban, Lagos and Tunisia respectively.

The event which is scheduled to hold at the prestigious Sir Okoya Thomas Indoor Sports Hall in Surulere, Lagos, from June 12th to 18th, 2023, will play host to notable tennis players such as Nigeria’s very own Quadri Aruna, who will face formidable opponents from China, Tapei, Korea, Germany, Portugal, Denmark, Egypt, Slovakia, Poland, and Sweden.