Nigeria would have received £9.1 million if the match against Argentina ended in their favour.
This is because any team eliminated from the round of 16 stage will receive £9.1million.
The World Cup winning team will receive £28 million in prize money from FIFA, with 2nd, 3rd and 4th place teams receiving £21million, £18million and £16million respectively.
This means that for the World Cup winners, each player in the 23 man squad would pocket £1.2million.
The 32 teams were also given £1.1million each to prepare for the tournament.