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N50,000 relief fund: What you need to know to avoid scam

N50,000 relief fund: What you need to know to avoid scam

N50,000 relief fund: What you need to know to avoid scam. In a statement, Kingsley Onuoha on […] As several post trend in social media, calling on Nigerians to register and get paid N50,000 support funds from the Federal Government, the Federal.

N50,000 relief fund: What you need to know to avoid scam.

In a statement, Kingsley Onuoha on […] As several post trend in social media, calling on Nigerians to register and get paid N50,000 support funds from the Federal Government, the Federal Ministry of Humanitarian Affairs and Poverty Reduction has cleared the air, saying it is an initiative designed to support vulnerable households facing rising living costs.

In a statement, Kingsley Onuoha on behalf of the Ministry’s Director, Information and Public Relations, said the people eligible for the ₦50,000 support are very poor and vulnerable people, hence they would be selected from the National Social Register and verified national identity records.

He said the selection covers all six geopolitical zones, hence, there is no application or registration process, and no individual or agent can influence the selection process.

He said each selected beneficiary was entitled to receive ₦50,000 as a Federal Government grant, adding that the amount would be credited in full without deductions as it is not a loan and does not require repayment. Onuoha revealed that the reliable way for people to know that they were the selected beneficiaries is through an SMS notification from one of the authorised digital financial service providers, hence the message would contain instructions on how to accept the support. He mentioned that after receiving the SMS, beneficiaries should follow the instructions provided by their designated payment provider to access the money. According to him, “the approved payment platforms and their corresponding USSD codes are PAYMENT PLATFORM USSD CODE ALAT by Wema Bank 94523# MoMo PSB 6710# NairaGram 72600# OPay 95520# Moniepoint 557327#.” He said once consent was given, the ₦50,000 support gets credited directly to the beneficiary’s mobile wallet, hence beneficiaries can access the USSD service without a smartphone or internet connection.

MSEApp News is publishing an original rewrite of this tip for readers, based on reporting associated with Daily Trust.