Is there really any point? A squid jig is not a lure with squid prongs on it. Squid jigs are designed to entice cephalopods using their shape, colours, texture, suspension and movement to mimic the food that they would attack. A minnow lure wouldn't be as enticing to a squid as a squid jig. I'm not saying it won't happen, but it's a lot less likely.
Use the correct tools for the job to maximise your results.