Iyaloja Money Scheme: Humanitarian Minister Starts Market Sensitisation in the FCT.

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Dr Betty Edu
Minister of Humanitarian Affairs.

 

Dr Betty Edu, the Humanitarian Minister has begins Iyaloja money scheme sensitisation in some FCT communities.

The Government intentions is to reach out to a minimum of fifty percent of the poor and vulnerable individuals across Nigeria within the next twelve months.  

The Special Adviser on Media and Publicity to the Minister, MHAPA,  Rasheed Olanrewaju Zubair, disclosed on Friday that the effort to remove  multi-dimensionally poor people out of  poverty in Nigeria  is  being  addressed through different programmes targeted at the Grassroot, in line with the president 8 point agenda which will change a lot for  better in Nigeria. 

Dr Betty Edu, the Humanitarian Affairs and Poverty Alleviation Ministry,  who is in charge and also with the responsibility of renewing the hopes of Nigerians daily in their millions through this scheme starting from the federal capital territory communities according to sources.

Residents of  Ushafa village in Bwari Area Council of the Federal Capital Territory, FCT, and many other suburbs played host to the Minister Of Humanitarian Affairs and Poverty Alleviation, Dr Betta Edu on friday, as she engaged market women and petty traders ahead of the launch of the IYALOJA MONIE next month.

The program has the target of reaching out to at least 1.5 million Nigerians nationwide.

The Iyaloja Market  Fund, is a  non interest loan of N50,000. This would be in phases as the Phase 1 of the market traders, will be selected from 109 markets across every Senatorial zone in Nigeria.

The process of sensitization and enrolment is ahead of the flag off next month.

The Minister also monitored the inclusions of older people in the community, who have been captured to be part of the ongoing Conditional Cash Transfer.