Nigeria Launches ₦50,000 Monthly Relief for Vulnerable Households

On October 30, 2026, the Federal Government of Nigeria announced the National Emergency Relief and Stabilisation Intervention (NERSI), aimed at providing ₦50,000 monthly to poor and vulnerable households to mitigate the impact of rising food prices and essential goods costs. The announcement was made by Dr Bernard Doro, the Minister of Humanitarian Affairs and Poverty Reduction.

The program targets beneficiaries identified through verified national identity records and the National Social Register, focusing on those in need. Payments will be facilitated through three digital financial service providers: ALAT by Wema Bank (NGX: WEMABANK), MoMo Payment Service Bank, and NairaGram, allowing beneficiaries to access funds via mobile wallets linked to their phone numbers and National Identification Numbers (NIN).

The government cautioned against scams, stating there is no application process or registration fee for NERSI, and beneficiaries will be contacted directly via SMS for consent before fund disbursement. A helpline for inquiries has also been provided.