The Federal Government, through the Federal Ministry of Youth Development (FMYD), has reopened the application portal for the Youth Economic Intervention and De-Radicalization Programme (YEIDEP) Batch B recruitment. The program is part of the government’s ongoing effort to empower Nigerian youths through financial support and entrepreneurship training.
According to the federal government, the YEIDEP grant provides between ₦50,000 and ₦500,000 to help unemployed youths become entrepreneurs, job creators, income earners, and wealth builders. The initiative aims to reduce unemployment, alleviate poverty, and promote micro, small, and medium enterprises (MSMEs) across Nigeria.
“YEIDEP is a Federal Government initiative designed to economically empower Nigerian youths and strengthen national security through strategic de-radicalization and economic engagement,” the statement from the ministry read.
Applicants are expected to have interest or be involved in sectors such as agriculture, fashion, technology and ICT, entertainment, sports, renewable energy, and other productive business areas. Youth entrepreneurship training and business development resources are also part of the program.
To qualify, applicants must be Nigerian citizens aged between 18 and 35 years, possess a valid National Identification Number (NIN) and Bank Verification Number (BVN), and have a business idea or existing business in eligible sectors. They must also be willing to attend training and mentorship sessions and open an account with Lotus Bank, Keystone Bank, or Fidelity Bank.
The ministry explained that the financial support is a one-time grant, but beneficiaries will also gain access to continuous training, mentorship, and market connections.
Interested youths are advised to visit the official YEIDEP application portal via this Link, complete the registration form, and take their membership code to any partner bank branch to open a YEIDEP account.