Nigeria begins N50,000 monthly cash payments to vulnerable citizens
The Federal Government launched a new relief programme to cushion the effects of rising living costs.
The Federal Government has started distributing N50,000 monthly cash payments to vulnerable Nigerians. This new intervention aims to help households cope with increasing costs of essential goods.
Officials stated the programme was introduced in response to global food inflation. The payments are intended to cushion the effects of rising living costs for vulnerable households.
The scheme, named NERSI, is part of the government's efforts to address economic pressures. Further details on the rollout and eligibility criteria are expected.
Why it mattersVulnerable Nigerians will receive N50,000 monthly to help manage the rising cost of living.