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BREAKING NEWS: FG Commences ATM Card Distribution for ₦75,000 Cash Transfer Nationwide

DocuNews Central | August 31, 2025

The Federal Government of Nigeria has officially commenced the distribution of ATM cards to Nigerians as part of its Renewed Hope Conditional Cash Transfer Initiative, a program designed to provide a ₦75,000 one-off payment to millions of vulnerable citizens across the country.

This development comes as economic hardship continues to bite hard across Nigeria, with soaring prices of food, fuel, and essential commodities. The government says this measure is one of several interventions aimed at easing the burden of ordinary Nigerians.

ATM Cards Begin Rolling Out

According to verified reports from the National Social Safety-Net Coordinating Office (NASSCO) and the National Cash Transfer Office (NCTO), the ATM card distribution officially began on August 29, 2025, starting with beneficiaries in Gombe State at Jekadafari Darazawa Quarters.

Recipients who successfully collect and activate their ATM cards will receive ₦75,000 directly credited to their accounts.

Officials say the program will expand nationwide in phases, ensuring that the process is transparent and that only verified individuals benefit.

Why ₦75,000?

The ₦75,000 payment is intended as temporary relief to help vulnerable Nigerians cope with the high cost of living, transportation, and food insecurity. Government insiders describe it as part of the broader Renewed Hope Agenda under President Bola Tinubu’s administration.

Alongside this, the federal government is also rolling out:

The ₦50,000 Presidential Grant Scheme for small businesses,

Youth Enterprise loans,

Compressed Natural Gas (CNG) buses to reduce transport costs,

And nationwide food palliative distributions through the Ministry of Humanitarian Affairs.

How to Become a Beneficiary

Not every Nigerian automatically qualifies. According to the government, eligibility is based on proper registration and verification through official platforms.

Here are the steps to benefit:

  1. Check Eligibility

The program targets vulnerable Nigerians — including low-income families, unemployed individuals, and those registered under poverty databases.

Names are drawn from the Rapid Response Register (RRR) and the Conditional Cash Transfer (CCT) database.

  1. Registration Platforms

Citizens are expected to register through official channels. One widely referenced link is via NASSCO/NCTO portals.
👉 NASSCO Cash Transfer Portal

  1. Required Documents
    Beneficiaries must provide:

National Identification Number (NIN)

Bank Verification Number (BVN)

Registered phone number

A valid means of identification

  1. Collection of ATM Cards

Designated distribution centres are set up in each local government.

After verification, beneficiaries are issued ATM cards linked to the program’s payment system.

  1. Activation & Payment

Once the ATM card is activated, the ₦75,000 payment is transferred directly.

Beneficiaries can withdraw at ATMs or use the card for transactions.

Transparency Measures

The government says it is determined to avoid past controversies of ghost beneficiaries and diversion of funds.

Each beneficiary’s NIN and BVN must match government databases.

Payments are tied to individual debit cards, not bulk cash transfers.

Civil society groups are also demanding independent audits to track how the funds are disbursed.

Voices from the Ground

At the Gombe launch, many beneficiaries expressed relief.

“I almost gave up when I heard it on the radio, but today I collected my card. I am happy because this ₦75,000 will help me with food and school fees,” said Amina Musa, a widow.

Another beneficiary, Ibrahim Umar, added: “Things are very hard. Even rice is out of reach. With this support, at least we can survive a little while longer.”

Challenges Ahead

While the initiative is widely welcomed, experts warn that:

Distribution may be slow in rural areas with poor infrastructure.

The ₦75,000, though helpful, may not last long in the face of rising inflation.

There are fears of political interference and favoritism in the beneficiary list.

The government, however, insists that the program is non-partisan and strictly for vulnerable households across all regions.

How Nigerians Can Stay Updated

If you want to know when distribution reaches your state or local government, you can:

Visit the official NASSCO/NCTO updates page here 👉 NASSCO Ongoing Cash Transfer Updates

Follow announcements from your State Ministry of Humanitarian Affairs

Check official updates from the National Orientation Agency (NOA) in your state

Final Word

The ₦75,000 cash transfer is not a permanent solution to Nigeria’s economic struggles, but it represents a critical lifeline for millions of families currently struggling to survive.

As the phased rollout continues across the 36 states and the FCT, Nigerians are urged to be vigilant, follow official channels, and avoid fraudulent middlemen.

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