"President Goodluck Jonathan has directed that Nigeria withdraws from international competition for two years to enable the country to put its house in order," spokesman Ima Niboro told reporters.
"The government spends a lot of money to encourage football in Nigeria and we need to go back to the drawing board the way Ghana did two years ago.
"The president Goodluck Jonathan has endorsed this decision and the Nigerian people are excited about it.
"They are not happy with the performance [in the World Cup] and the Nigerian people believe the right thing to do is start all over again. We have informed FIFA of our intentions."
Earlier, Mr Isa Bio's spokesman, Olukayode Thomas, told CNN: "Nigeria is a sovereign state and has the right to take a decision aimed at improving the nation. It's a decision that was taken by all Nigerians. We can't stand back and watch our football decline because of FIFA rules."
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