The minister thanked Mr Tinubu for approving the funds, noting that “it reflects his love for sports.”
Super Eagles will represent Nigeria at the 34th edition of the Africa Cup of Nations (AFCON) in Cote d’Ivoire.
“Paseiro has no capacity to transform the team. He has done too much damage by his technical ineptitude,” said the PFAN chairman.
A breakdown of the qualified countries shows that 12 former AFCON champions, including three-time champions Nigeria, will be on parade come January 2024.
Golden Eaglets will play Group C runners up which could be either their counterparts from Burkina Faso or Cameroon for a place in the semi-finals.
The goal gave Nigeria all the honours in a largely average encounter that opened the campaign in Group B.
The participating countries booked their spot for the continental tournament after winning their respective qualifiers on Tuesday.
Super Eagles on Friday lost 0-1 to Guinea Bissau in a 2023 Africa Cup of Nations (AFCON) qualifier.
The Senegalese side zoomed into Saturday’s final with a 100 per cent record, winning all their matches without conceding a goal.