by The Federal Government of Nigeria has launched the Youth Economic Intervention and De-Radicalization Programme (YEIDEP) initiated to help youths access business financing, enterprise development services, and other basic economic incentives and empowerment platforms. The Federal Government YEIDEP Grant provides between ₦50,000 and ₦500,000 to help young people who are unemployed become entrepreneurs, job creators, income earners, and wealth builders.
About The YEIDEP Grant:
The Youth Economic Intervention and De-Radicalization Programme (YEIDEP) is a Federal Government initiative designed to economically empower Nigerian youths. It aims to reduce unemployment, alleviate poverty, promote micro, small, and medium enterprises (MSMEs), and strengthen national security through strategic de-radicalization and economic engagement.
YEIDEP aims to provide financial support, business development opportunities, and essential skills to equip 10 million young Nigerians for a successful future. YEIDEP mission is to empower 10 million Nigerian youth with job opportunities in key sectors such as Agriculture, Technology, and Renewable Energy, YEIDEP offers financial support, enterprise development services, and incentives to help young Nigerians build a sustainable future.
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Federal Government YEIDEP Grant Eligibility and Requirements
Which Fields are Eligible?
Applicants must have interest or be involved in any of the following fields:
- Agriculture
- Fashion
- Technology/ICT
- Entertainment
- Sports
- Renewable Energy
- Other productive business sectors
Type:
Government Grant and Empowerment Program
Who can Apply for the YEIDEP Grant?
- Nigerian citizens
- Youths aged 18 to 35 years
- Applicants with a valid NIN and BVN
- Individuals with a business idea or existing business in eligible sectors
- Willingness to attend training and mentorship sessions
- Must have or open an account with Lotus Bank, Keystone Bank, or Fidelity Bank
How are Applicants Selected?
Applicants are selected based on:
- Completion of online registration
- Submission of valid personal and business information
- Meeting eligibility criteria
- Successful enrollment into training and mentorship sessions
- Registration of a YEIDEP account at one of the partner banks using the issued membership code
Which Countries Are Eligible?
Nigeria only
Where will the YEIDEP Grant be Taken?
Across Nigeria, with activities managed under the Federal Ministry of Youth Development and supported by partner banks.
How Many?
Not specifically stated. Grants are available to thousands of eligible Nigerian youths across the country.
What is the Benefit of the YEIDEP Grant?
- ₦50,000 – ₦500,000 grant
- Access to training and mentorship
- Support for business development
- Connection to market and enterprise services
- Opportunity to become entrepreneurs and job creators
How Long Will it Last?
The financial support is a one-time grant, but the program also offers ongoing business support, training, and mentorship.
How to Apply for the YEIDEP Grant:
- Visit the NIYEEDEP Homepage
- Click “Register Now”
- Fill in personal details: Name, Address, Phone, State, LGA, BVN, NIN
- Receive your Membership Code
- Take your code to any Fidelity, Keystone, or Lotus Bank branch to open a program-linked account
- Attend the required training/mentorship program
When is the Application Deadline:
Not officially stated. Applications are currently open, so interested applicants are encouraged to apply as soon as possible.
