Nigeria's Bernard Doro Launches N50,000 Cash Relief Scheme

The Nigerian government has launched a monthly cash relief scheme, offering N50,000 directly to vulnerable households to mitigate the impact of rising prices on low-income families. Minister of Humanitarian Affairs and Poverty Reduction, Bernard Doro, announced this initiative, known as the National Emergency Relief and Stabilisation Intervention (NERSI), in a statement issued on a Friday.

This presidential initiative aims to provide immediate financial support to millions affected by global food inflation and increasing costs of essential goods. Doro stated that beneficiaries would receive a text message from licensed digital financial service providers for consent before funds are transferred to their bank accounts or mobile wallets.

He emphasized that no application, fees, or agents are required to receive the benefit and warned against fraud. The government plans to review the N50,000 amount periodically to align with living costs, although specific eligibility criteria and the timeline for the first transfers were not disclosed.