The Federal Government has officially launched the Youth Economic Intervention and De-Radicalisation Programme, marking a major step toward youth empowerment in Nigeria. With over 5 million applications already submitted, this could become one of the largest youth-focused initiatives in the country’s history.
The launch event was held in Abuja, where government officials confirmed that a special YEIDEP committee has been created to handle the massive response. The program offers grants up to ₦500,000, business training, and long-term mentorship to young Nigerians.
YEIDEP Committee Set to Oversee N500k Grants and Business Support
At the event, the Minister of Youth Development, Ayodele Olawande (represented by Joseph Oluwole), explained that the new committee will oversee the full execution of the program. Their goal is to maintain transparency, ensure timely disbursement of grants, and support every selected youth from start to finish.
The committee is also expected to monitor results and offer follow-up mentorship for the youth-led businesses supported by YEIDEP.
Why Over 5 Million Youth Are Ready to Join
According to Kennedy Iyere, the national coordinator of the program, Nigeria’s youth population represents a large portion of the economy. With youth unemployment still a major concern, the demand for practical support like this program is huge.
Olubunmi Olusanya, the Permanent Secretary (represented by Anthony Chukwuka), added that this overwhelming response shows that young people are not only interested in financial aid—they are hungry for change, opportunity, and growth.
What YEIDEP Offers: N500k, Training, and More in 2025
Training in entrepreneurship and technical skills
Special focus on agribusiness and agro-processing
Mentorship support to help their business grow
Continuous monitoring to track performance
This support system is designed to go beyond financial aid by also helping youth succeed through learning and guidance.
What’s Next for YEIDEP Applicants?
With the committee in full operation, the next stages of the program include:
Reviewing and screening all 5 million+ applications
Shortlisting qualified and eligible youth
Sending direct payments to selected bank accounts
Enrolling beneficiaries in training programs
Monitoring progress and providing ongoing mentorship
This process ensures that the best candidates receive support while reducing the chance of fraud or mismanagement.
Why YEIDEP Could Be a Game Changer for Nigeria’s Youth
This isn’t just a typical empowerment plan. The massive response of 5 million+ youth proves that Nigerian youth are tired of promises and now want action.
Program comes at a time when:
New jobs through small businesses
A drop in youth unemployment
Positive engagement for restless and jobless youth
Economic recovery through microenterprise growth
If this program is properly managed, it could help thousands of youths launch small businesses, stay away from crime or idleness, and become financially independent.
YEIDEP Committee: Big Responsibility, Bigger Hope
The success of this entire project now depends on how well the committee carries out its tasks. Their role is to ensure:
No delays in funding
Fair selection process
Proper training arrangements
Ongoing support after the money is disbursed
This also includes building a positive image for the government among the youth, which is badly needed at this time.
Conclusion: Not Just Hype, But Real Work Ahead
This new committee could shape the lives of millions of Nigerian youth if it works with full honesty and focus. With a large number of applicants already on board, it may turn out to be one of the biggest youth programs of the decade.
The grants, training, and support promised under YEIDEP are tools that many young Nigerians have been praying for. Now that they are within reach, it’s time for the system to deliver on the promises.
Stay tune for more information as we get them.
