Bank of Industry MyBOI Portal – SME Fund and General Lending Facility
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GrantPilot does not give out this funding; Federal Ministry of Humanitarian Affairs and Poverty Reduction does. We help you find it, check it is real and get ready to apply.
₦50,000 monthly cash transfer from the Federal Government for poor and vulnerable households. You cannot apply—the government selects you from national records and contacts you by SMS.
The National Emergency Relief and Stabilisation Intervention (NERSI) is a Federal Government cash transfer for poor and vulnerable Nigerian households, run by the Federal Ministry of Humanitarian Affairs and Poverty Reduction and announced on 30 October 2026. Selected households receive ₦50,000 into a mobile wallet (the Minister's statement says monthly). There is no application form: beneficiaries are selected from verified national identity records and the National Social Register, and receive an SMS from ALAT (Wema), MoMo PSB, NairaGram, OPay or Moniepoint asking them to reply YES. It is free. Anyone asking you to pay, register, click a link or share your PIN or OTP is a scammer.
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You cannot apply for this grant. The Federal Ministry of Humanitarian Affairs and Poverty Reduction selects beneficiaries directly from the National Social Register and verified national identity records, using need as the sole criterion. When you are selected, your payment provider (ALAT, MoMo PSB, NairaGram, OPay or Moniepoint) sends you an SMS with instructions. You must reply YES or dial the code to accept. Payments go out in phases across all six geopolitical zones, so not everyone receives their SMS at the same time.
What reviewers look for
You do not apply. The government selects beneficiaries from national records. If selected, you will receive an SMS from ALAT, MoMo PSB, NairaGram, OPay or Moniepoint. Reply YES or dial the code to accept.
This is real. Check three things: the SMS comes from ALAT, MoMo PSB, NairaGram, OPay or Moniepoint; it only asks you to reply YES or dial a code; it never asks for money, PIN, OTP or links. If any of these is missing, it is a scam. Call 0700-022-2222 to confirm.
No. The programme is entirely free. Accepting payment, receiving it and replying to SMS are all free. If you cash out at a POS agent, the agent may charge their standard withdrawal fee as they would for any withdrawal. Never pay anyone to 'release' or 'unblock' your money.
Payments go out in phases. Your SMS may not have arrived yet, or you may not be selected in this phase. Dial your provider's code and choose Check eligibility. No one can add you to the list or speed up your payment.
No. A basic phone is enough. The dial codes work without the internet.
Guide written from the official programme page on 5 November 2026. Funders change their rules, so confirm the details on the official page before you apply.
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