The Federal Government has commenced a monthly cash relief programme offering N50,000 to vulnerable households to cushion the impact of rising living costs.\n<\/p>\n
As reported by Channels TV, the Minister of Humanitarian Affairs and Poverty Reduction, Dr Bernard Doro, announced this in a statement issued on Friday in Abuja.\n<\/p>\n
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.\n<\/p>\n
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.<\/p>\n
\u201cUnder this intervention, eligible beneficiaries will receive N50,000 monthly, providing direct assistance to help meet essential needs and ease the burden of living costs,\u201d he said.<\/p>\n
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.\n<\/p>\n
He said the ministry was working with licensed digital financial service providers to ensure secure, prompt and transparent delivery of the funds.<\/p>\n
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. <\/p>\n
Doro stressed that beneficiaries were not required to apply, pay any fee or register through agents to access the intervention.\n<\/p>\n
He warned Nigerians against fraudsters, advising beneficiaries not to disclose their personal identification numbers (PINs) or Bank Verification Numbers (BVNs) to anyone.\n<\/p>\n
\u201cIf you are unsure about any message, or anyone asks you for money, call the official NERSI helpline on 0700-022-2222,\u201d he said.\n<\/p>\n
The minister said NERSI complemented existing Federal Government social protection and economic support programmes, while supporting household resilience and economic stability.\n<\/p>\n
He added that the intervention aligned with President Bola Tinubu\u2019s Renewed Hope Agenda and reaffirmed the ministry\u2019s commitment to delivering the programme with dignity, transparency and accountability.\n<\/p>\n
Source: <\/p>\n
The Federal Government has commenced a monthly cash relief programme offering N50,000 to vulnerable households to cushion the impact of rising living costs. As reported by Channels TV, the Minister… <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-4422","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts\/4422","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/comments?post=4422"}],"version-history":[{"count":0,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts\/4422\/revisions"}],"wp:attachment":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/media?parent=4422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/categories?post=4422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/tags?post=4422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}