Moniepoint and OPay Clarify N50,000 Grant Eligibility Process

The Federal Government's ₦50,000 relief grant selection process has raised questions about how beneficiaries are identified. Financial service providers such as Moniepoint and OPay are involved in facilitating payments through the National Emergency Relief and Stabilisation Intervention (NERSI).

However, having an account with these institutions does not guarantee eligibility for the grant. The selection process aims to target vulnerable Nigerians, relying on government beneficiary databases like the National Social Register to identify economically vulnerable households.

Phone numbers may be used to check eligibility, but they do not solely determine selection. Moniepoint Microfinance Bank clarified that beneficiary selection is managed by the government, while financial institutions assist with verification and payment.

OPay also stated that selected customers would receive notifications through its application, emphasizing that eligibility is not determined by the company. Discrepancies in registered phone numbers and identity records could complicate verification, though specific procedures for resolving these issues have not been publicly established.