The Kwara State chapter of the African Democratic Congress (Accord) has expressed concerns about the Federal Government's newly introduced ₦50,000 monthly cash assistance scheme for vulnerable Nigerians. The party's Organising Secretary, Mallam Yusuph Funsho Kabir, stated that while supporting vulnerable citizens is crucial, cash transfers alone cannot address the structural problems responsible for widespread poverty and economic hardship. The scheme, known as the National Emergency Relief and Stabilisation Intervention (NERSI), aims to provide financial relief to millions of disadvantaged Nigerians.

The Federal Government announced the NERSI initiative in response to global food inflation and rising living costs. Minister of Humanitarian Affairs and Poverty Reduction, Bernard Doro, disclosed that the programme would be reviewed periodically in line with changes in the cost of living. Payments would be made through licensed digital financial service providers to ensure transparency and security. Beneficiaries would receive text messages seeking their consent before funds were transferred to their bank accounts or mobile wallets.

Kabir acknowledged the importance of supporting vulnerable citizens but questioned whether the ₦50,000 cash aid would provide lasting relief. He noted that Nigerians continue to face rising food prices, unemployment, insecurity, high transportation costs, expensive electricity, and declining living standards. The Accord chieftain argued that rather than relying heavily on financial handouts, the Federal Government should prioritise sustainable job creation, agricultural development, and affordable essential commodities.

Kabir called on the Federal Government to ensure transparency in the implementation of the scheme, particularly in the selection of beneficiaries, funding arrangements, payment schedules, and monitoring mechanisms. He warned against political interference in the process, insisting that the intervention must reach genuinely vulnerable Nigerians irrespective of their political affiliations. The Accord party emphasised that democracy should be measured by improvements in citizens' living conditions and access to economic opportunities.

The Federal Government stated that the NERSI intervention would complement existing social protection programmes under President Bola Tinubu's Renewed Hope Agenda. However, Accord Kwara urged Nigerians to demand more sustainable policies capable of addressing the underlying causes of poverty. Kabir stressed that the country needed leadership committed to transforming economic hardship into prosperity.

Kabir maintained that Nigerians deserve decent jobs, affordable food, security, reliable electricity, and responsible governance rather than repeated promises. He urged the Federal Government to make the next four years a period of measurable economic improvement rather than another cycle of temporary interventions and unfulfilled expectations. The Accord party's concerns reflect a broader debate about the effectiveness of cash aid schemes in addressing poverty and economic hardship.

The Accord party's critique of the ₦50,000 cash aid scheme highlights the challenges of addressing poverty and economic hardship in Nigeria. The party's call for sustainable economic reforms and transparent implementation of social protection programmes underscores the need for a comprehensive approach to addressing these issues. The Federal Government's NERSI initiative is one of several efforts to mitigate the effects of rising living costs and poverty in Nigeria.

Key points

  • The Accord party questions the effectiveness of Nigeria's ₦50,000 cash aid scheme, seeking sustainable economic reforms instead.
  • The scheme aims to provide financial relief to millions of disadvantaged Nigerians.
  • The Accord party calls for transparency in the implementation of the scheme and prioritisation of sustainable job creation and economic development.

Share this story

Written by

SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.