FG Resumes ₦50,000 NERSI Payments as Beneficiaries Receive Alerts

Nigeria Startup News

November 12, 2026

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Fresh reports of ₦50,000 credits have emerged from beneficiaries of the Federal Government’s National Emergency Relief and Stabilisation Intervention (NERSI), with recipients sharing mobile wallet alerts on Thursday.

Screenshots shared online show funds credited to MoMo Payment Service Bank (PSB) wallets. Others have reported receiving messages through approved providers, including ALAT by Wema Bank, NairaGram, OPay and Moniepoint.

NERSI provides ₦50,000 monthly to selected vulnerable households. The Federal Ministry of Humanitarian Affairs and Poverty Reduction says beneficiaries are selected using the National Social Register and verified identity records. Payments are made in phases, so notifications may arrive at different times. The full grant is credited without deductions.

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Beneficiaries do not need to apply or pay anyone. An official SMS from an approved provider explains how to give consent and access the money. Never share your personal identification number (PIN), one-time password (OTP) or bank verification number (BVN).

How to withdraw

MoMo beneficiaries can use the official app or dial *671*0# to transfer funds to a bank account or point-of-sale (POS) agent and collect cash. Confirm any withdrawal charge before proceeding.

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