Business

FG ₦75,000 Cash Transfer: Fortis Bank Sends ₦25,000 Payment SMS to Beneficiaries

Some beneficiaries of the Federal Government’s Household Prosperity and Empowerment Conditional Cash Transfer (HoPE-CT) programme have reportedly received ₦25,000 notifications through Fortis Microfinance Bank.

Under the reported arrangement, eligible households are expected to receive ₦25,000 for three months, totalling ₦75,000.

The alerts suggest payments may have started reaching some beneficiaries. However, they do not confirm nationwide disbursement, and the government has not announced how many households have been paid.

The programme targets vulnerable households identified through social protection processes. The reported notifications do not indicate that an application exercise has opened.

Beneficiaries should beware of fraudsters demanding fees or banking details.

How to receive payment

Recipients should check their SMS and contact Fortis Microfinance Bank directly through verified customer service channels to confirm the payment and obtain withdrawal instructions. For questions about eligibility or payment status, consult the National Cash Transfer Office at ncto.gov.ng. Never pay anyone to access the funds or disclose your PIN or one-time password.