The Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajiya Sadiya Umar Farouq, who launched the national phase of the programme in Katsina State, said the programme would be replicated in all the states of the federation.
The minister said with the rollout of the programme, disbursement of loans would begin in all the states of the federation.
The GEEP programme is categorised into three:
- TraderMoni loan of N50,000 targeted at uplifting the underprivileged and marginalised youths between the ages of 18 and 40 years;
- MarketMoni loan, also N50,000, for the underprivileged and marginalised women, like widows, divorcees, and other vulnerable groups; and the FarmerMoni loan, which is between N50,000 and N300,000 designed for small scale farmers in the communities to improve their agricultural productivity and inclusion in commercial farming.