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Nigeria's N50,000 Monthly Cash Support Program Launched

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Nigeria's N50,000 Monthly Cash Support Program Launched

The Nigerian government has launched a monthly cash support program providing N50,000 to eligible citizens under the National Emergency Relief and Stabilisation Intervention (NERSI). This initiative, aimed at alleviating the impact of rising living costs on vulnerable households, was announced by the Minister of Humanitarian Affairs and Poverty Reduction, Bernard Doro, on October 30, 2026.

Selected beneficiaries will receive direct financial support each month, with the possibility of adjustments based on living cost changes. Beneficiaries will be notified in advance of any changes and must consent to payments via an SMS from an approved provider.

Doro emphasized that no payments or applications are required to access the support and urged the public to protect their banking details. The government has partnered with five licensed digital financial service providers for secure payment delivery.

Nigerians can check their eligibility through a USSD code linked to their registered phone number, and OPay has confirmed that eligible customers will receive notifications on their app.

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

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