Moniepoint FG Relief Fund USSD Code: Quick and Easy Guide

In this blog post, I’m sharing with you, the Moniepoint FG relief fund USSD code.

If you are a Moniepoint account holder looking to verify your eligibility and claim the 50k federal government grant, the process has been made seamlessly accessible.

Moniepoint users can now check their status instantly using a dedicated short code on their mobile phones.

What is Nigeria Federal Government Relief Fund?

The Nigeria Federal Government Relief Fund refers to a series of targeted social intervention programs financed by the Nigerian government to provide direct financial assistance to vulnerable populations, micro-entrepreneurs, artisans, and low-income households. The ongoing wave of support falls under the National Emergency Relief and Stabilisation Intervention (NERSI).

Administered primarily through the Federal Ministry of Humanitarian Affairs and Poverty Reduction, the primary goal of the relief fund is to cushion the effect of rising inflation, currency reforms, and general economic adjustments. By disbursing non-repayable cash grants such as the popular ₦50,000 grant, the government aims to boost liquidity at the grassroots level, assist small business owners in purchasing inventory, and reduce poverty rates across all 774 local government areas in Nigeria.

To ensure transparent and quick distribution, the Federal Government partnered with licensed commercial banks and Fintech institutions, including Moniepoint Microfinance Bank. Moniepoint’s robust digital infrastructure and extensive agent network make it a primary channel for distributing these intervention funds directly to verified beneficiaries.

Selection Criteria for the ₦50,000 FG Relief Fund

Beneficiaries of the National Emergency Relief and Stabilisation Intervention are selected through a structured, data-driven process. The Federal Ministry of Humanitarian Affairs and Poverty Reduction identifies qualified recipients using:

• Verified National Identification Number (NIN) Records: Cross-checked against national databases to verify citizenship and identity.
• The National Social Register (NSR): A centralized database containing records of poor and vulnerable households across Nigeria.
• Verified Bank Verification Numbers (BVN): Used to confirm active bank accounts linked with registered phone numbers.

Because selection relies heavily on verified government records, ensuring that your Moniepoint account is updated with your NIN and BVN is essential for receiving payments smoothly.

How Moniepoint Customers Can Check Eligibility for Nigeria Federal Government ₦50,000 Relief Fund

Checking whether you have been selected for the Federal Government’s ₦50,000 relief fund as a Moniepoint customer takes less than a minute. You do not need an active internet connection to complete this check.

Follow these quick steps to check your eligibility using the official USSD code:

1. Open the call dialer on your mobile phone.
2. Dial the official USSD code: *5573*27#
3. Important: Ensure you dial this code using the phone number registered to your Moniepoint account.
4. Follow the on-screen menu prompts to enter your account information or confirm your NIN details when requested.
5. Wait for a prompt or an SMS notification indicating your eligibility status for the NERSI ₦50,000 grant.

If the system confirms your selection, your status will be updated to reflect your qualification for direct disbursement into your Moniepoint bank account.

How to Get the 50k Federal Government Grant in Moniepoint App

Once you confirm your eligibility, accepting and receiving your funds can be completed directly within your Moniepoint mobile application. Here is a step-by-step walk-through on how to get the 50k federal government grant in Moniepoint app.

Follow these steps to claim your funds after receiving a payment notification via SMS:

1. Open the call dialer on your mobile phone.
2. Dial the code specified in your text message (e.g., *5573*27# )
3. Follow the interactive USSD prompts on your screen to authorize and accept the transfer.
4. Once you confirm acceptance, a confirmation SMS will be sent to your phone verifying the completed transaction. After receiving the confirmation SMS, please wait a few hours for your mobile wallet to be credited with ₦50,000.

Once credited, the ₦50,000 FG cash grant will reflect instantly in your available account balance, allowing you to transfer funds, pay bills, or withdraw cash through any nearby Moniepoint POS agent.

Important: Ensure you dial the code directly from the phone number that received the original SMS notification. Attempts from unauthorized numbers will fail authorization.

Download Moniepoint App

To conveniently access government grants, manage your funds, and track payments, having the mobile app installed on your smartphone is highly recommended. Follow these instructions to download and set up the app:

For Android Users

• Open the Google Play Store on your smartphone.
• Search for “Moniepoint Personal Banking“.
• Tap Install to download the official app.
• Open the app, enter your registered phone number, and complete the setup.

For iOS (iPhone) Users

• Open the Apple App Store.
• Type “Moniepoint” in the search bar.
• Tap Get to download and install the app on your iPhone.
• Log in using your existing credentials or sign up if you are a new customer.

After installing the app, make sure to navigate to your profile settings to link your NIN and BVN. This ensures your account is tier-verified and eligible for government interventions and higher transaction limits.

Important Security Rules: Protect Yourself from Scams

Due to the popularity of the Federal Government’s ₦50,000 relief grant, cybercriminals and scam agents actively attempt to defraud unsuspecting applicants. Keep the following security measures in mind:

• The FG Relief Fund is 100% FREE: Never pay any agent, representative, or official any money to check your status, expedite your grant, or process payments.
• Keep Your Credentials Secret: Moniepoint and the Federal Government will NEVER ask for your Moniepoint App PIN, One-Time Password (OTP), or Transaction PIN. Never share these details with anyone.
• Avoid Phishing Links: Do not click on suspicious links shared across WhatsApp, Telegram, Facebook, or unauthorized websites claiming to register users for the grant.
• Use Official Channels: Check eligibility only via the official USSD code (*5573*27#) or inside the official Moniepoint mobile app.
• Official FG Helpline: If you suspect fraudulent activity or need official support regarding the NERSI initiative, call the official FG NERSI Helpline at 0700-022-2222.

Conclusion

The Federal Government’s ₦50,000 National Emergency Relief and Stabilisation Intervention (NERSI) offers vital financial relief to citizens across Nigeria. As a Moniepoint customer, checking your qualification is quick and effortless; simply dial *5573*27# on your registered phone number. Make sure your account is fully verified with your NIN and BVN inside the Moniepoint app to ensure smooth disbursement without delays.

Frequently Asked Questions