Federal Government Begins N50,000 Monthly Cash Support For Poor Nigerians

Federal Government Begins N50,000 Monthly Cash Support For Poor Nigerians

According To Punch Newspaper, On Friday 30th October, 2026, The Federal Government has commenced a monthly cash relief programme providing N50,000 to vulnerable households across the country as part of efforts to ease the impact of rising living costs and economic hardship. The Minister of Humanitarian Affairs and Poverty Reduction, Dr Bernard Doro, announced the initiative in a statement issued on Friday in Abuja. According to Channels Television, the minister explained that the National Emergency Relief and Stabilisation Intervention (NERSI) was a presidential initiative designed to provide immediate financial assistance to millions of vulnerable Nigerians struggling with the increasing cost of living.

Doro said the programme was introduced in response to global food inflation and the rising prices of essential commodities, which have continued to put pressure on household incomes and reduce the purchasing power of many Nigerians. He explained that the intervention was aimed at supporting disadvantaged families and helping them cope with the economic challenges affecting their daily lives.

The N50,000 monthly cash support is expected to provide temporary financial relief to beneficiaries, particularly households facing difficulties meeting basic needs such as food and other essential items. The minister noted that the initiative formed part of the Federal Government broader efforts to strengthen social protection programmes and reduce poverty among vulnerable citizens.

The intervention also reflects the government commitment to providing targeted assistance to Nigerians affected by economic difficulties, especially amid increasing food prices and other financial pressures.The commencement of the programme is expected to bring some relief to eligible households as the government continues to explore measures to address poverty and improve the welfare of citizens.

However, further details regarding the selection of beneficiaries, registration procedures and payment arrangements were not provided in the announcement.

OcheJglobal feedback-opera-news-app@opera.com

📰 Original Source Attribution

Reported by News Hub Creator.

Read Original Report at news hub creator ↗
Share: WhatsApp WhatsApp
💬

Comments (0)

Join the Conversation

No comments yet. Be the first to share your opinion!

You may like