FG begins N50,000 relief payments to vulnerable Nigerians
The Federal Government has begun disbursing N50,000 cash relief to vulnerable Nigerians to cushion the effects of the high cost of living under its NERSI. Read More: https://punchng.com/fg-begins-n50000-relief-payments-to-vulnerable-nigerians/
The Federal Government has started providing N50,000 cash relief to vulnerable Nigerians as part of its National Emergency Relief and Stabilisation Intervention, according to Dr Bernard Doro, the Minister of Humanitarian Affairs and Poverty Reduction. This initiative aims to tackle the impact of increasing food prices and the rising cost of essential goods on households.
Eligible beneficiaries will receive a monthly payment of N50,000 to assist with their essential needs and alleviate the burden of living costs. The ministry is collaborating with licensed digital financial service providers and utilizing USSD codes to ensure secure and transparent fund delivery. Beneficiaries will receive an SMS requesting their consent, and upon providing consent, the payment will be made directly to their bank account or mobile wallet.
The Ministry is urging Nigerians not to apply, pay any fees, or register through an agent to receive the support, and to remain vigilant against potential fraudsters.
Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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