President Muhammadu Buhari is scheduled to host Golden Eaglets team that won a fifth FIFA U-17 World Cup in Chile on January 21.
The Eaglets defeated Mali 2-0 in the final of the U-17 World Cup in November last year.
Nigeria has previously won the competition in 1985, 1993, 2007 and 2013. No other country has won the competition up to 4 times.
Previous governments had rewarded the team with huge cash gifts, houses, plots of land and national honours for these feats in the past.
The Minister of Sports, Solomon Dalung who announced this on Monday, added that other teams who did Nigeria proud internationally in 2015 will also be rewarded by President Buhari.
The Flying Eagles won the 2015 Africa Youth Championship in March, the Dream Team VI clinched the U-23 African Nations Cup in December, Team Nigeria won medals at the All Africa Games in Congo Brazzaville and Nigeria’s basketball team D’Tigers scooped a first-ever Afrobasket Championship to qualify for the Rio Olympics, among others.