This report captures the key points from discussions with stakeholders in Nigeria to help identify the actions needed for effective implementation of cash assistance in view of economic volatility characterised by high inflation and currency depreciation. The recommendations are a product of extensive consultations with a variety of actors both within Nigeria as well as at regional and global levels. The purpose of the work was to support country cash working groups (CWGs) to agree on actions to develop clear predictable processes for adapting cash programming in line with the economic trends at country level. The report proposes some actions to be taken forward at country level. This report, together with similar reports from four other countries (Burkina Faso, South Sudan, Malawi and Zimbabwe), is intended to serve as examples for other cash working groups seeking to better adapt cash programs to contexts of high inflation and depreciation.