The Federal Government has confirmed that disbursement for the Youth Economic Intervention and De-Radicalization Programme (YEIDEP) will begin in July 2025. Selected beneficiaries will receive between ₦50,000 and ₦500,000, depending on their application and business plan.
The grant is designed to help Nigerian youths build businesses, reduce unemployment, and promote economic independence. Since the launch of the program, over 4.6 million youths have registered — showing how many young Nigerians are ready to make a change.
👉 Read: Over 4.6 Million Youths Registered for YEIDEP
✅ What is YEIDEP?
YEIDEP is a youth support program developed by the Federal Ministry of Youth Development in partnership with the Youths Off The Street Initiative (YOTSI). It provides non-repayable grants — not loans — to support small businesses across agriculture, retail, fashion, ICT, and more.
📅 Disbursement Timeline (Confirmed)
According to the official disbursement schedule, here’s what to expect:
Activity | Timeline |
---|---|
Account Verification | June 1 – June 8, 2025 |
Beneficiary Engagement | June 11 – June 30, 2025 |
Disbursement Begins | July 1 – July 31, 2025 |
💸 How Much Will You Get?
Approved applicants will receive between ₦50,000 to ₦500,000, depending on:
- The business category selected
- Financial needs stated in the application
- Number of available slots per state
Remember, this is a free grant, not a loan.
🕒 Application Still Open
If you haven’t applied yet, you still have time! The final deadline is May 31, 2025.
👉 YEIDEP Application Closing Date – Apply Before May 31
If you’ve applied and lost your code, follow this simple guide: 👉 How to Retrieve Your YEIDEP Code
📌 What To Do Now
- If you haven’t applied: Apply before May 31, 2025
- If you applied: Watch your email for verification updates
- Prepare your NIN, bank details, and referee forms
The YEIDEP Grant is a rare opportunity to grow your idea with zero repayment. Whether you run a small hustle or want to launch a full business, this is your time.
For instant updates, visit yeidepnews.org.ng regularly and stay informed.