The Federal Government has opened YEIDEP Batch B recruitment to empower up to 20 million Nigerian youths with a ₦500,000 startup grant.
The Youth Economic Intervention and De-Radicalisation Programme (YEIDEP) is a Federal Government initiative powered by the Federal Ministry of Youth Development (FMYD). The programme is part of the government’s ongoing effort to empower Nigerian youths through financial support and entrepreneurship training.
The aim is to empower 20 million youths with startup capital to promote entrepreneurship and self-employment among young people, which is one of the most effective ways to create mass employment for youths.
The YEIDEP Batch B recruitment process is completely free, and applicants are advised to report any attempt by bank officials or intermediaries to demand payment during the process.
The YEIDEP grant provides between ₦50,000 and ₦500,000 to help unemployed youths become entrepreneurs, job creators, income earners, and wealth builders.
Youth entrepreneurship training and business development resources are also part of the programme.
The grant is a one-time financial support, but beneficiaries will also gain access to continuous training, mentorship, and market connections.
To qualify, applicants must be Nigerian citizens aged between 18 and 50 years, possess a valid National Identification Number (NIN) and Bank Verification Number (BVN), and have a business idea or an existing business in eligible sectors.
Applicants must also be willing to attend training and mentorship sessions and open an account with Lotus Bank, Keystone Bank, or Fidelity Bank.
Applicants should have an interest in or be involved in sectors such as agriculture, fashion, technology and ICT, entertainment, sports, renewable energy, and other productive business areas.
YEIDEP Batch B registration is no longer done through an online portal. To APPLY, interested applicants should visit any YEIDEP partner bank physically to open a YEIDEP bank account, which will make them a verified participant in the programme and a potential beneficiary of the empowerment grant.
Residents of Kano State are required to register through the state YEIDEP committee.
Authorised YEIDEP partner banks for the recruitment exercise include Fidelity Bank, Keystone Bank, Alpha Morgan Bank, Wema Bank, Union Bank, Guaranty Trust Bank, Zenith Bank, Access Bank, United Bank for Africa, Ecobank, and Lotus Bank.
