The Federal Government has commenced a monthly cash relief programme providing N50,000 to vulnerable Nigerian households to cushion the results of rising residing prices.
The announcement was contained in a press release issued in Abuja on Friday, October 30, 2026, by the Minister of Humanitarian Affairs and Poverty Reduction, Dr Bernard Doro.
Doro mentioned the National Emergency Relief and Stabilisation Intervention (NERSI) is a presidential initiative designed to offer rapid monetary help to hundreds of thousands of vulnerable Nigerians.
FG begins N50,000 monthly cash relief
The minister defined that the intervention was launched in response to international meals inflation and the rising value of important items, which have continued to place stress on family incomes.
He mentioned eligible beneficiaries would obtain N50,000 monthly to assist them meet important wants and handle the rising value of residing.
Doro 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.”
He added that the programme can be reviewed periodically to replicate adjustments in the price of residing, with beneficiaries notified instantly earlier than any changes had been made.
According to the minister, the ministry is working with licensed digital monetary service suppliers to make sure safe, well timed and clear disbursement of the funds.
The intervention is meant to offer direct monetary help to vulnerable households going through stress from rising meals costs and different important bills.
FG explains how NERSI funds will work
Doro defined that beneficiaries would obtain textual content messages from the service suppliers looking for their consent earlier than funds had been made instantly into their financial institution accounts or cell wallets.
He burdened that Nigerians wouldn’t want to use, pay charges or register by brokers to entry the intervention.
The minister additionally warned residents towards fraudsters and suggested them to not disclose their Personal Identification Numbers (PINs) or Bank Verification Numbers (BVNs) to anybody.
He mentioned, “If you are unsure about any message, or anyone asks you for money, call the official NERSI helpline on 0700-022-2222.”
Doro described NERSI as complementary to current Federal Government social safety and financial help programmes, noting that it was designed to strengthen family resilience and promote financial stability.
He added that the intervention aligns with President Bola Tinubu’s Renewed Hope Agenda and reaffirmed the ministry’s dedication to implementing the programme with dignity, transparency and accountability.
What you must know
In a associated improvement, the World Bank said the Federal Government had disbursed N658.9 billion in direct cash transfers to 10.46 million poor and vulnerable households by September 2026.
The figures had been contained within the international monetary establishment’s newest Nigeria Development Update, which examined the nation’s social safety efforts and the function of cash transfers in supporting vulnerable households.
The report mentioned the programme makes use of biometric and digital verification to establish beneficiaries and ship funds.
However, it famous that the influence of the intervention would rely on increasing protection, bettering the adequacy of transfers and making certain common funds.
The World Bank additionally referred to as for a shift from emergency help in the direction of a sustainable social safety system backed by devoted federal and state funds allocations and regularly elevated authorities funding.
It mentioned cash transfers and different social safety measures might assist cushion households towards financial pressures however burdened that programmes should attain extra folks and supply constant help to enhance welfare.
The establishment advisable enhancements within the protection, adequacy and consistency of cash transfers, alongside devoted funds strains for social safety at each federal and state ranges.
