The Federal Government has commenced the disbursement of N50,000 cash relief to vulnerable Nigerians under its National Emergency Relief and Stabilisation Intervention.
The Minister of Humanitarian Affairs and Poverty Reduction, Dr Bernard Doro, announced the commencement of the programme in an October 30 statement sighted by PUNCH Online on Tuesday, describing it as a presidential initiative to provide immediate financial relief to vulnerable Nigerians.
Doro said the intervention was designed to cushion the effects of rising food prices and the high cost of essential goods on households.
“Under this intervention, eligible beneficiaries will receive ₦50,000 monthly, providing direct assistance to help meet essential needs and ease the burden of living costs,” he said.
He added that the initiative would be reviewed regularly in response to changes in the cost of living, with beneficiaries to be notified before any adjustments.
The minister said the ministry was working with licensed digital financial
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