Skip to content
Plus234Feed

Federal Government Launches ₦50,000 Relief Grant for Nigerians

Business
Legit.ng
Federal Government Launches ₦50,000 Relief Grant for Nigerians

The Federal Government of Nigeria has introduced a ₦50,000 relief grant under the National Emergency Relief and Stabilisation Intervention (NERSI) to assist vulnerable households facing economic hardship. Nigerians can check their eligibility and access the funds through five service providers: ALAT by Wema, MoMo Payment Service Bank, NairaGram, OPay, and Moniepoint, using specific USSD codes.

The initiative differs from traditional empowerment programs by relying on existing beneficiary records rather than requiring new registrations. Beneficiaries will receive an SMS from an approved financial institution confirming their eligibility.

They must then activate their mobile wallet to receive the payment. The Federal Ministry of Humanitarian Affairs and Poverty Reduction has also approved Xpress Payments as a provider, though its USSD details are not yet available.

The government warns against scams and emphasizes that the grant is a one-off payment, not a loan, and recipients should not disclose sensitive banking information.

Plus234Feed summary based on reporting from Legit.ng. Read the original report below.

Read full article

Continue on Legit.ng

Visit
Share

Get the week in one email

Top stories, NPFL results, the naira, every Friday morning. Free, one email a week.

Free · one email per week · unsubscribe anytime

Related Stories

Get Plus234Feed on messaging apps

Same headlines, delivered where you already scroll.