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FG Releases N150bn for Women Entrepreneurship Development – Minister

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Min of Women Affairs Sen Jumai Alhassan

Minister of Women Affairs, Sen. Aisha Jummai Alhassan

The Minister of Women Affairs and Social Development, Senator Aisha Alhassan, on Sunday said the Federal Government had released N150 billion for women entrepreneurship development in Nigeria.

Alhassan, who is on an official visit to Taraba, told newsmen in Jalingo that the money was part of the N500 billion Social Protection Fund.

According to her, the fund has been deposited at the Bank of Industry (BoI) for women entrepreneurs to access.

She said out of the fund, N1.6 billion was earmarked for microfinance scheme for women.

The minister said that sensitisation campaign on how to access the fund had already begun and that during her visit to the state she had sensitised women groups on how to access the facility.

Alhassan also revealed that the National Gender Policy was currently under review to enhance inclusiveness and participation of women in all spheres of government.

The News Agency of Nigeria (NAN) reports that Alhassan is in Taraba to highlight the achievement of President Buhari’s administration in the last one year and to also donate relief materials to Internally Displaced Persons ( IDPs) across the state .

The News Agency of Nigeria (NAN) was established by the Federal Government of Nigeria in May 1976 to gather and distribute news on Nigeria and cover events of interest to Nigeria at the international level for the benefit of the Nigerian Media and the Public.

8 Comments

  1. Ima

    August 1, 2016 at 2:48 pm

    I guess she’s a minister of Northern Women Affairs? . I thought they said there’s no money in Nigeria. Hmm. Okay o, lemme wait and see how many women will benefit from the funds before I talk

    • Oversabi

      August 2, 2016 at 4:43 am

      This is amazing. I vote for us to invest it in the north. That is the only part of the country with business women that could possibly know how to use the money well…. #sarcasmincorporated

  2. Prince

    August 1, 2016 at 3:22 pm

    Please Oga Buhari, you have to do a serious follow up on that money and make sure that Hajia Al-hassan use it for what its meant for. This woman is a rogue (big one). i know what I’m saying.

  3. Naijababeii

    August 1, 2016 at 4:39 pm

    hope say na d tin go reach ss/se not just ne only cos na there their focus d alway dey

  4. its_urgirlie

    August 1, 2016 at 5:32 pm

    Hmmmmmn….And there’s no money oooo. God help His children in this country.
    Finances that should be used to start up good industries in this country…that will provide occupations for both skilled and unskilled workers. We import everything… what happened to rice production??? Steel companies nkor???? we import nails, pins…even pencil, why can’t we have stable power supply? Yet they are putting out billions of naira for a so called entrepreneurship blah blah…diaris God oooo

  5. Dora

    August 1, 2016 at 7:28 pm

    -ing disoriented and confused country!!!!!

  6. Yolo

    August 1, 2016 at 11:38 pm

    Where did the money come from? I thought the country was broke and civil servants cannot be paid.

  7. Marian

    August 2, 2016 at 11:06 pm

    I’m all for empowering women but where did the money come from? Doctors are getting ready to go on another strike and yall gon put money into projects that will never see the light of day????

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