The Federal Government of Nigeria is empowering Nigerian Youth with the sum of ₦500,000 through the Youth Economic Intervention and De-Radicalisation Programme (YEIDEP), on this page will have more information on the scheme, the requirement for application and the official online portal to begin application.
Overview
The Federal Government of Nigeria, in partnership with Fidelity Bank, has unveiled the Youth Economic Intervention and De-Radicalisation Programme (YEIDEP), offering young Nigerians a lifeline through grants of up to ₦500,000 (with some beneficiaries receiving from ₦50,000). This initiative tackles youth unemployment, poverty, and insecurity by turning ambitious young people into entrepreneurs and job creators.
Eligibility
- Nigerian citizens aged 18 to 50 years.
- Must possess a valid National Identification Number (NIN).
- Demonstrate a clear interest in business, with priority for agriculture and related value chains.
- Open (or already have) a dedicated YEIDEP account with Fidelity Bank (or other partner banks), ensuring the registered phone number matches exactly.
- Applicants must complete registration through official channels and may need to visit a Fidelity Bank branch for account opening and KYC if required.
Benefits of the YEIDEP Programme
- Non-repayable grants ranging from ₦50,000 to ₦500,000 to support business startup or expansion.
- Enterprise development services, including training, mentorship, and capacity-building to improve business success rates.
- Access to specialised schemes such as the Youth Farmers’ Cooperative Scheme, Tech4Jobs, Waste2Wealth Project, and others like Food4All and Skills2Job.
- Opportunities for networking, market access, and long-term sustainability support.
Read more on how to apply here
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