FG begins ₦50,000 monthly cash payments to vulnerable Nigerians

The Federal Government has commenced a monthly cash relief programme providing ₦50,000 to vulnerable Nigerian households to cushion rising living costs.

According to Channels Television, as reported by The Punch,Minister of Humanitarian Affairs and Poverty Reduction Bernard Doro announced the initiative on Friday in Abuja. Channels Television

The programme, called the National Emergency Relief and Stabilisation Intervention (NERSI), targets millions of vulnerable Nigerians affected by inflation.

“Under this intervention, eligible beneficiaries will receive N50,000 monthly, providing direct assistance to help meet essential needs and ease the burden of living costs,” Doro said.

He explained that payments would be processed through licensed digital financial service providers into beneficiaries’ bank accounts or mobile wallets.

Selected beneficiaries will receive text messages requesting their consent before payment.

Doro stressed that Nigerians need not apply, pay fees or register through agents.

He warned against fraudsters requesting banking details, including PINs and BVNs.

The minister said payments would be reviewed periodically to reflect changing living costs, with beneficiaries notified before adjustments.