The Iyaloja Monie Scheme is a component of the Renewed Hope Government Enterprise and Empowerment (GEEP Loan) Programme of the President Tinubu Administration.
The Iyaloja Monie Scheme is a loan programme, a rebrand of the GEEP Loan Programme, through which the beneficiaries, basically market women traders, will recieve a non-interest loan of N50,000 each, repayable within 6 months.
According to the Federal Ministry of Humanitarian Affairs and Poverty Alleviation headed by Dr Betta Edu, the Iyaloja Monie Loan Scheme is targeted at 1.5 Million beneficiaries across the 36 States of the Federation.
The loan Scheme will be providing for poor market women-traders, helping them to improve on their capital and expand on their businesses as part of the ways of removing Nigerians from multi-dimensional poverty and humanitarian crises.
The loan Scheme will be providing for poor market women-traders, helping them to improve on their capital and expand on their businesses as part of the ways of removing Nigerians from multi-dimensional poverty and humanitarian crises.
The Iyaloja Monie Loan Scheme will be implemented in 3 phases with 500,000 beneficiaries emerging from each phase, beginning from this November, 2023.
The implementation of the Iyaloja Monie Loan Scheme is such that the beneficiaries will be selected from 109 Markets in every senatorial zone of the country.
Prior to the lunch of the Iyaloja Monie Loan Scheme this month, the minister has commenced sensitization of market women in markets across the 36 States Plus FCT.
Upon the flag-off of the Iyaloja Monie Loan Scheme, the registration of the beneficiaries will begin within November, 2023.
How to Apply for Iyaloja Monie GEEP Loan Scheme
1. Registration for the Iyaloja Monie GEEP Loan Scheme will be done in the 109 selected markets in every senatorial zone of the federation by Registration Officers from each State who will be appointed by the Ministry and supervised by the State Focal Person.
2. There is no website for the registration or application for the Iyaloja Monie GEEP Loan Scheme. Any website claiming to be for the Iyaloja Monie GEEP Loan Scheme registration is Fake.
3. A Market Woman eligible for registration in the Iyaloja Monie GEEP Loan Scheme will be captured in her shop or market stand inside the market by the Registration Officers.
Requirements for Iyaloja Monie GEEP Loan Scheme
During the registration for the Iyaloja Monie GEEP Loan Scheme, an eligible market woman will be required to provide the following:
- Surname
- First Name
- Bvn
- NIN
- Phone No
- Date of Birth
- Gender
- Resident Address
- Guarantor Name
- Guarantor Phone no
- State
- Ward
- Local Govt
- Type of business
In case you are confused or worried to know how to reach the registration officers in your State, Senetorial district or LGA, below is a full list of NOA offices in all 36 states of the federation for such enquiry.
FCT
- The national headquarters of the National Orientation Agency is located at: Block B, Fed Secretariat Complex, Area 1, Garki Abuja.
Abia State
- 49 Finbarrs Road, Behind Umuahia Township Stadium, Umuahia, Abia State
- Phone no: 08033042680
Adamawa
- 3rd Floor, Fed. Secretariat, Jimeta – Yola.
- Contact details: 08184425884,08128071808, 07055786491
Akwa Ibom
- National Orientation Agency, Federal Secretariat, Pmb 1048, Uyo.
- 08061167121
Anambra
- House 2, Road 3, Abuja Estate, Opposite Government House (After Apga Headquarters Complex) Awka, Anambra State.
- 08160355035
Bauchi
- Bauchi State Headquarters, 3rd Floor, Federal Secretariat Complex Bauchi. Along Yakubun Bauchi Road, Bauchi Nearest Bus Stop Is At Mobil Filling Station, Gidan Mai Round About, Jos Road Bauchi
- 08089179707, 08068003170
Bayelsa
- National Orientation Agency, 143, Yenogoa/Mbiama Road, Opposite Sports Complex, Ovom, Yenegoa.
Benue
- Federal Secretariat Complex, Block a East Wing, Jonah Jang Crescent, Pmb 102115, Makurdi, Benue
- 08167901399, 08053440176
- 08030994771,07058181045
Borno
- Old Provincial Office, Post Office Area, Kano Road Maiduguri, Borno State.
- 08066375178
Cross River
- 3rd Floor, Federal Secretariat, Murtala Moh’d Highway, Calabar
- 08030998317
Delta
- National Orientation Agency, Federal Secretariat Complex, Okpanam Road, Asaba
- 08096479824,08033392559
Osun
- NOA office in Osun State is located beside FRSC State Command office, Zone 11 Area, Abere, Ede South, Osun State.
Oyo
- Biladu Street, Near Govt. House, Agodi, Ibadan.
Plateau
- BEPCO Building, Min. of Justice, State Secretariat, Jos.
Rivers
- Along Aba Road, Opposite Mile 1 Flyover.
Sokoto
- Commissioners Quarters, off Sama Road, Sokoto State.
Taraba
- TSBS Complex, Behind State Secretariat Complex Jalingo.
Yobe
- Fed Sec Building Gashua Road Damaturu.
Zamfara
- Gidan Sule Zurmi, opp. Janyau Daula Hotel, Gusau, Zamfara State.