MTN MoMo has explained how Nigerians selected for the Federal Government’s (FG) ₦50,000 National Emergency Relief and Stabilisation Intervention (NERSI) payment can receive their money.
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The payment service bank said NERSI determines eligibility, while MoMo provides the channel for approved beneficiaries to receive their funds.
Selected beneficiaries must give consent by dialling 6710#. They must then open a MoMo account through the application or by dialling *671#. However, opening an account does not automatically qualify anyone for the relief payment.
MoMo said beneficiary details must be verified before payment. Records requiring further checks will be referred to the NERSI team for review.
The bank warned Nigerians not to pay anyone to secure selection or release a payment, stressing that the scheme is free. It also advised users never to share their personal identification number (PIN) or one-time password (OTP).
How to withdraw payment
Once the ₦50,000 is credited to a beneficiary’s MoMo account, the recipient can access the funds through the account when funds arrive.
