FG OFFERS 50,000 RELIEF FUNDS TO VULNERABLE NIGERIANS

The Federal Government has officially initiated a monthly cash relief programme disbursing N50,000 to needy Nigerians to suppress the impact of rising living costs.

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‎This was announced in a statement Issued by the Minister of Humanitarian Affairs and Poverty Reduction, Dr Bernard Doro, in Abuja on Friday.

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‎Doro said the National Emergency Relief and Stabilisation Intervention (NERSI) was a presidential initiative designed to provide immediate financial assistance to millions of vulnerable Nigerians.

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‎He said the intervention was introduced in response to global food inflation and rising costs of essential goods, which continued to place pressure on households.

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‎He said, "Under this intervention, eligible beneficiaries will receive N50,000 monthly, providing direct assistance to help meet essential needs and ease the burden of living costs,”.

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‎The minister explained that the programme would be reviewed regularly in response to changes in the cost of living, with beneficiaries notified directly before any adjustment.

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‎He said the ministry was working with licensed digital financial service providers to ensure secure, prompt and transparent delivery of the funds.

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‎According to him, beneficiaries will receive text messages from the providers requesting their consent before payments are made directly into their bank accounts or mobile wallets.

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‎Mr Doro emphasised that beneficiaries were not required to submit applications, pay fees or register through agents to access the intervention.

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‎He warned Nigerians against fraudsters, advising beneficiaries not to disclose their personal identification numbers (PINs) or Bank Verification Numbers (BVNs) to anyone.

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‎“If you are unsure about any message, or anyone asks you for money, call the official NERSI helpline on 0700-022-2222,” he said.

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‎The minister said NERSI complemented existing Federal Government social protection and economic support programmes, while supporting household resilience and economic stability.

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‎He added that the intervention aligned with President Bola Tinubu’s Renewed Hope Agenda and reaffirmed the ministry’s commitment to delivering the programme with dignity and transparency.

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