A critical update has just dropped for everyone waiting for the Youth Economic Intervention and De-Radicalization Programme fund. If you’re among the approved applicants expecting between ₦50,000 and ₦500,000, then checking the active status of your YEIDEP bank account is now a top priority. The official disbursement date is set for July 1, 2025, but only active accounts will receive payment.
This is not a drill. Many accounts are still showing “inactive” or “dormant” status, and if yours is one of them, you might miss your payment window. Let’s break it down, in clear and simple words, what you need to do, how to do it, and the benefits of keeping your account active now—not later.
Why This Matters Now — Not After July 1
YEIDEP disbursement will not happen all at once. Payments will be done in three batches throughout July. But there’s one condition that applies to everyone, no matter the batch—your bank account must be active. If it’s not, your name may be skipped in the first, second, or even third batch.
And worse, inactive accounts might not receive funds at all. That’s why checking your account status now could be the most important thing you do today.
How to Check If Your YEIDEP Bank Account Is Active
Checking your account status is very simple and doesn’t require a visit to the bank.
Here’s how to do it:
- Download your bank’s mobile app — the same bank that issued your YEIDEP account.
- Log in using your account number and phone number.
- Look for basic signs of activity:
- Can you view your balance?
- Can you make or receive a transfer?
- Is there a prompt saying your account is “inactive” or “dormant”?
If yes, your account is not active yet.
How to Activate It Immediately
You don’t need to wait for anyone to activate your account. Do this:
- Make a small deposit — even ₦100 is enough.
- Wait for a few hours, sometimes up to 24–48 hours.
- Try logging in again or check the status via ATM.
This little step is enough to move your account from “inactive” to “active.”
Benefits of Keeping Your YEIDEP Bank Account Active
Most people think an active bank account only helps with this one-time payment. That’s wrong. Keeping your account active is the key to long-term financial support and better access to digital banking.
Let’s go through what it really unlocks:
1. Direct Payment from YEIDEP
Only active accounts will receive the disbursement. If your account is not ready, the system will skip it.
2. ATM and Debit Card Access
Once active, you can use your card to withdraw cash or make payments anywhere across Nigeria.
3. Mobile and Online Banking
You get full access to your account through your phone. This makes checking balance, sending money, or paying bills much easier.
4. Digital Transaction History
Having an active account builds your financial record. This can help you in future loan applications or when you apply for other government empowerment programs.
5. Financial Credibility
A working bank account is the first step toward building your financial identity. It shows that you’re reliable, and that matters when applying for grants, jobs, or credit in the future.
What If You Don’t Activate Your Account?
If your account is still inactive by July 1, you will not get paid.
Here’s what may happen:
- You’ll be excluded from Batch 1.
- If still inactive, you’ll miss Batch 2 and Batch 3.
- You might be removed from the beneficiary list permanently.
This is why YEIDEP officials are urging everyone to check their account now, not after payment has started.
Don’t Panic About Batch Placement
Even if your account is active, don’t worry if you don’t get paid on July 1. Disbursement will happen in phases:
Batch | Payment Window |
---|---|
Batch 1 | July 1–7, 2025 |
Batch 2 | July 8–14, 2025 |
Batch 3 | July 15–21, 2025 |
Just ensure your account is ready and wait for your turn.
Final Checklist (Do This Now)
- ✅ Have you received your YEIDEP bank account number?
- ✅ Have you downloaded the bank’s app?
- ✅ Have you logged in and checked the status?
- ✅ Did you deposit at least ₦100 if your account is inactive?
- ✅ Is your account now showing active and functional?
If you said yes to all, you’re good to go. If not, do it now. Don’t wait until June ends.