The Federal Government has released four steps Nigerians selected for its ₦50,000 monthly cash support programme must follow to receive their payments.
The intervention, known as the National Emergency Relief and Stabilisation Intervention (NERSI), is designed to provide financial assistance to poor and vulnerable households struggling with the rising cost of living.
According to information published on the Federal Ministry of Humanitarian Affairs and Poverty Reduction’s official website, eligible beneficiaries will receive ₦50,000 monthly through approved financial service providers.
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The government explained that beneficiaries would first receive an SMS notification from one of the approved payment providers, requesting their consent before the money is credited to their mobile wallets.
Four Steps to Receive the ₦50,000 FG Cash Support
The government has outlined four major steps beneficiaries must follow to receive the financial assistance.
1. Receive an SMS notification
Selected beneficiaries will receive a text message from one of the approved payment providers: ALAT by Wema Bank, MoMo PSB, NairaGram, OPay or Moniepoint.
2. Reply YES to confirm participation
Beneficiaries are required to give their consent by following the instructions contained in the message. The government says payments will not be made without their approval.
3. Get a digital wallet
After consent is provided, a mobile wallet will be created and linked to the beneficiary’s registered phone number and National Identification Number (NIN).
4. Withdraw or spend the money
Once the wallet is credited with ₦50,000, beneficiaries will receive a confirmation message. They can withdraw the money through POS agents or banks, transfer it to another bank account or spend it directly from their wallets.
FG Releases USSD Codes for Beneficiaries
The Federal Government has also provided USSD codes for the approved payment providers to enable beneficiaries access their accounts and carry out transactions.
The codes include:
- ALAT by Wema Bank: 94523#
- MoMo PSB: 6710#
- NairaGram: 72600#
- OPay: 95520#
- Moniepoint: 557327#
Beneficiaries can dial the relevant code using the phone number linked to their accounts and follow the instructions provided by their payment service provider.
The codes can also be used to access relevant services, including checking eligibility and transferring funds, depending on the provider.
Who Is Eligible for the ₦50,000 Monthly Support?
According to the government, beneficiaries are selected using verified national identity records and the National Social Register, with priority given to poor and vulnerable households.
The government clarified that Nigerians do not need to submit fresh applications or pay anyone to secure a place on the beneficiaries’ list.
Payments are being made in phases, meaning selected individuals may receive their notifications at different times.
FG Warns Nigerians Against Cash Support Scams
The Federal Government has warned Nigerians against fraudsters exploiting the cash support programme to deceive unsuspecting citizens.
It stressed that receiving the assistance is completely free and nobody should demand money to process or release the funds.
Beneficiaries have also been advised not to disclose their PINs, One-Time Passwords (OTPs), BVNs or other sensitive banking information to anyone.
Anyone who receives a suspicious message or encounters a person demanding payment to facilitate the support can contact the official NERSI helpline on 0700-022-2222.
For more information, Nigerians can visit the official programme website: https://fmhapr.gov.ng/nersi/.
