
Mr Amapakabo confirmed to Channels Television that his contract was terminated on Monday by his employers.
The coach signed a two-year contract with the Flying Antelopes last season, but only saw out just over a year of the deal.
His assistant, Chukwuma Agbo will take charge of the team in an interim capacity until a new head coach is appointed.
The sacking has left Amapakabo with ample time to concentrate on his duties as one of the assistant coaches for the Super Eagles.